The demand for energy is boosting yearly as the planet population is increasing more and more equipment are in need of power. The 21st century we're living is in marked by the style internet of things with all being linked.
For the next years, as block-chain will be adopted and the linking the globe, it's expected that the power consumption will also boost with that. As of now, most of the power we apply is arriving from power grids. Though the past few ages have been lead with remarkable innovations; the power field is lacking a little behind. Existing power grids are facing more and more tasks regarding security, reliability, safety and growing cost. For that, soon a major solution has to be found.
ELONCITY Goals (Overview)
ELONCITY is a plan not so new to the worldwide power sector, but its founders want to use Block tech to access the objectives. They plan to develop a centralized power system consisting of tons of micro-networks able of self-sustaining power. Power will produce and allocated throughout the networks around the time. Such a system will straightly compete with existing energy supply systems with absolute clearness of the costing system. Anybody can use the platform for power production for free.
The major goal of the ELONCITY is to solve the world issue, which affects the entire without expectation. The founders of the idea look to replace usual power systems with an infrastructure of power grids, consisting tons of independent micro networks. In this manner, clean energy generated by renewable sources will be avail on a usual basis.
This'll reduce the issue of the imbalance of demand and supply for renewable power sources, which is a real topic of the old few years. People entire over the globe face the economic and political challenges of decreasing fossils, as-well-as the issues of producing renewable power.
The developers of ELONCITY invented to apply block tech to solve pressing power issues and advantage entire of the community. The plan can lead to the progress of digitally free power, offering the entire world with affordable and eco-friendly energy.
The main feature of ELONCITY Project
A block platform that gives an open, protected power trades in the community. The block platform also allows the ELONCITY community to found an audit able database for tracking sources of power age group within the community, that's GHG free or Non-Fossil Fuel based power.
A smart network battery power storage system deployed on the client premises to harmonize small power supply demand.
Client sited or community-backed renewable age groups, such as Solar Panels coupled with the smart networked battery power storage system that can complete the entire local power demands.
A community DC energy network that applies the renewable DC energy more effectively by minimizing the losses from continues AC to DC to AC conversion.
Community Driven implementation and planning will be enduring success of the community's trade into the sustainable, regenerative power future. Due to the reason that the society and their kids have to live with this power future, it's imperative that the society has lively participatory parts in defining and developing new power future.
It's vital in mobilizing personal market-place wealth to fuel huge scale acceptance of centralized renewable power. The firm will participate with economic partners, GOVT agencies, and many other key stake holders to set up revolving credit funds. The revolving credit fund's aim is to participate in the upfront capital expenditure essential for initiating the plan in communities that absence access to such type funding. The performance base plans will demonstrate their merits by producing actual and meaningful spending to pay back the start up credits.
My Opinion on ELONCITY:
The project plan behind ELONCITY looks super exciting. Their visualization of powering the globe for free is great innovative, but also comes with many challenges. Therefore ELONCITY is in my own opinion quite a long phrase project, which will take a number of years for universal adoption. But with the group behind the CEO and founder Andy Le, I highly think that they'll be capable to revolutionize the power industry, once their Initial Coin Offering will be finished. For that, I am formerly already very excited for their Initial Coin Offering details to be launched very soon, which also will arrive with a white paper for additional information about ELONCITY. So stay tuned for a 2nd update on the ELONCITY scheme from my side.
For Further Information:
Wish to know more about the ELONCITY development? Take a look at their ELONCITY official site and they're soon to be released white paper for more detail. Also, subscribe to their authorized contact channels to keep up to date.
Official website: https://eloncity.io/
Twitter: https://twitter.com/Eloncity_io
Facebook: https://www.facebook.com/Eloncity-229599404279234/
Telegram: https://t.me/Eloncity
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Eloncity Group: https://t.me/Eloncity
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