A white paper is an informational document, issued by a company or not-for-profit organization, to promote or highlight the features of a solution, product, or service. White papers are sales and marketing documents, used to entice or persuade potential customers to learn more about or purchase a particular product, service, technology or methodology.
let's take a look at Eloncity whitepaper.
if u see the table of content of Eloncity you will see it separated into major topics and subtopic. for the convenience first I explain you about major topics.
OVERVIEW
TECHNOLOGY - ELONCITY DECENTRALIZED ENERGY ARCHITECTURE
ELONCITY MULTIFACETED APPROACH
ELONCITY MARKET DEVELOPMENT
PROSPECTIVE
REFERENCE
if you reed overview of this project you will get a brief idea about current electricity production and distribution system. Electricity production is mainly done by centralized large energy generation plants. these power plants and customer sites are connected through a complex labyrinth of transmission and distribution (T&D) network. Today’s centralized power grids face significant challenges in providing safe, reliable, secure, and affordable energy services.
Environmental and public health problems, safety and reliability problems, unaffordable electricity cost are the major problems in the centralized energy generation system.
Eloncity is the solution to the current problems in the centralized energy producing system. you can see the descriptive details about eloncity solutions.you will see the list of benefits in under eloncity advantages. Open and Secured Energy Transaction, Unified and Efficient Energy Marketplace, Greater Reliability, Lower Costs, Increased Safety, GHG Emissions Reduction Low-emission Vehicles/ Transportation, Economic Development, Environmental Benefits and Public Health
ELONCITY’S TARGET MARKETS
every product should have a targeted market. eloncity target the areas that are being served by fossil fuel and nuclear
powered centralized grid, or areas that lack electricity services. this will help to provide electricity to the rural areas in Asia and world.
Eloncity roadmap
another key point in a successful project is the roadmap.
eloncity token sale held on 3rd quater of 2018 . also construction 1st first energy self-sufficient campus based on net zero technology. eloncity 1st microgrid also praposed in 2018.
ELONCITY TEAM AND ADVISORS
let's tale a look at eloncity collaborative networks. as u can see bellow eloncity collaborated with many great companies inside and the outside of the blockchain. Arkblock ( ABT) and Cybermiles (CMT) are successful projects on the blockchain. panasonic and POmcube are leading companies in energy storing and trading.
next, I'm going to my favorite part in the whitepaper.
TECHNOLOGY - ELONCITY DECENTRALIZED ENERGY ARCHITECTURE
in this diagram, you can see the building blocks of Eloncity Decentralized Energy Architecture (EDEA). resources of the eloncity microgrids are locally produced renewable energy and equipment such as BESS, PV arrays, small wind turbines, electric vehicles, DCbus Schedulers and other decentralized renewable energy assets. DCbus Schedulers manage the energy flow in the microgrid and BESS store the newly harvested energy. The blockchain-based trading system will manage the energy trading of this microgrid. Energy pricing is calculated based on information of both Eloncity’s artificial intelligence (AI) technology and community network.
as in any commodity , demand and supply equilibrium control the energy price in eloncity microgrid. intelligent networked BESS will control between energy demand and the supply. after a certain point of demand battry kicks in as a generators and fulfill the energy demand.
ELONCITY TOKEN (ECT)
eloncity tokens are mainly used to facilitate the energy trading within the eloncity microgrid. also it can be use as a value store.
TRANSFORMING EV CHARGING
another fascinating thing I have seen in eleoncity microgrid is the EV CHARGING. in this technology ev has the potential to be the secondary energy carriers.
when I go through eloncity whitepaper I felt this will be a successful project. if you have any question regarding eloncity ask in comments or official eloncity telegram group.
http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000574
Auther : virajmad92
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