Advantages of ECT for the future - Eloncity

chamika (48)in #blockchain • 6 years ago (edited)

overview

this article I'm talking mainly about the future use and characteristics of ECT. We all know how important the word "energy" or "electricity" is for all of us. For every action we take, most of the devices or tools that we use in our business are completely dependent on electricity. We know that AC power is based on centralized power systems, which have many shortcomings and problems. For decades, we have not seen any updates. Thanks to Eloncity and ECT projects, this project has a very good and promising future. ETT will receive a gold coin in the future with this good concept. Of course, we will be able to overcome many of the shortcomings in existing systems, and the use of symbolic ECT will be high, and at the same time this volume will be very welcome in the future. So, let's look at the future benefits of the symbolic ECT or the Eloncity project and analyze how the symbolic ECT behaves in the future. At the same time, I will tell you about some features of the ECT code. So, let's move on to this issue.

Advantages of ECT for the future

Using the Eloncity token for its open market, the platform allows users to access a single network of global solutions in the field of renewable energy sources. ECT is a utility code designed to facilitate the exchange of energy in the microgidics of Eloncity and the neighboring microgrid Eloncity. ECT will have two main functions:

Central exchange. In networks, Eloncity ECT is used to exchange energy. Consumers purchase ECT, providing excess capacity to their peers in networks. A member of the ECT Community is used to access local power grids and products compatible with ECTP

Value Store. Each ECTP-compatible device needs to reserve a sufficient amount of ECT, equivalent to its power supply, to participate in automatic exchange. Creating ECT is a valuable asset. The value of each type of ECT is determined by the total volume of energy coefficients in the ecosystem and the speed of ECT transactions. Due to the requirements of the exchange reserve, there is a cash limit of Eloncity, which creates value for ECT and creates a certain fixed system.

In addition, ECT is one of many advantages. The project promises to have significant results that affect the energy sector and our daily lives. Eloncity will provide ECT-code the best solution by running utilities for an indefinite time using locally generated energy from renewable resources. The expected strategy will be to replace the energy resources of fossil fuels and eliminate the associated risks.

Safety: during an emergency caused by natural disasters, fossil fuel generators usually use electricity for consumers, but this system is harmful to health due to their carbon emissions, and is also at risk of fire and explosion. It will only work as long as there is fuel to run.

Community Changes: Any community that uses the Eloncity model in its own renewable energy, Micro will be able to use clean renewable energy sources for members of its community.

This energy network provides energy and social needs, especially during natural disasters or emergencies, and will help individuals and businesses save a lot of money on electricity bills.

Eloncity will help with the use of communities of ECT tokens, as well as individuals and enterprises in them, to invest in energy facilities and equipment that provide their energy and cost, and also help in the creation of renewable energy sources for their use.

Adaptation: Eloncity, as an unprecedented decentralization platform, will help individuals and businesses in the community access unlimited sources of energy to meet their disaster needs.

Thanks to its own BESS network and local electricity from renewable sources, the community will enjoy uninterrupted power supply in emergency time.

Key Features of the Platform

The ECTP protocol predetermines some rules and mechanisms for the correct operation of the network. To implement it, you need some hardware and software. The mechanism of interaction will include the following elements:

The core of ECTP is a basic platform for the exchange of electricity in the Blockchain network. There will be a high transaction speed that will increase its productivity.

DPoS (Delegated Proof of a Share) is a technological tool that will ensure the fair execution of the terms of an exchange transaction.

Smart contracts - provide optimized solutions based on processed data in real time. Will be in the automatic mode to supervise and build the most favorable conditions for energy exchange.

The mining mechanism is for rewarding users using the ECTP protocol in conjunction with BESS for the storage of renewable energy sources.

Future Benefits

Open source and secure

Reliability

Cost reduction

A well-organized energy market

Reduction of emissions

In connection with the global nature of the Eloncity idea and the scale of the desired reincarnation of the energy sector, the team needs to announce its new vision and complete the construction of an effective network. To do this, Eloncity conducts an ICO campaign.

Its goal will be to collect soft-cap funds in the amount of $ 10 million or the maximum goal - hard-cap in $ 33 million. Supervises this company has already earned respect and trust the organization Krypital, which has released such products as Egretia, Merculet, CyberMiles ... which have successfully carried out their ico campaigns and have already grown in price several times. And this means that Eloncity will not be an exception and will prospectively enter the market of the block industry of the industry. Under the leadership of Krypital, the project will actively develop and advance within the framework of the planned course.

conclusion

The Eloncity project is based on a very modern and timely concept for the whole world. It is very reliable and very practical for energy and electricity. This project addresses all problems in modern AC power systems. At the same time, looking at the enthusiasm of investors, we see that this is a very successful financial project. Therefore, I welcome all of you to visit the following links to get additional information about the project and I'm 100% sure that this is a very good project so that your investments achieve a great investment benefit. Therefore, we can clearly see that this project has a very promising future. Given the blood of this system, the ECT code will take a prominent place in the world of encryption in the near future. The future of the energy sector in the world will be very bright, as the project is exhausted.

Eloncity Official Website: https://eloncity.io/

Krypital Bounty Group: https://t.me/KrypitalBounty

Eloncity Group: https://t.me/Eloncity

Krypital News: https://t.me/KrypitalNews

Don't forget to follow these social media profiles to get the latest news about the project.

Facebook : https://www.facebook.com/Eloncity-229599404279234/

Twitter : https://twitter.com/Eloncity_io

Linkedin : https://www.linkedin.com/company/eloncity/

Instagram : https://www.instagram.com/eloncity_io/

Reddit : https://www.reddit.com/r/Eloncity/

Information about the author:

Chamika888