ELONCITY – Decentralized Power Grid Services to the World

hansaka (37)in #crypto • 6 years ago

ELONCITY

is Able to solve many energy problems, as well as to distribute power correctly between consumers. thanks to blockchain technology, the whole process will be fully automated and monetized. For internal use, there will be a coin of this company. I want to show you the main parameters taken from the article.

A Blockchain platform that provides an open, secured and distributed ledger for efficient recording of energy transactions in the community in a verifiably and immutable manner. The blockchain platform also enables the Eloncity community to establish an auditable record for tracking the sources of electricity generation within the community, that is GHG-free or non-fossil-fuel based. The auditable tracking of electricity generation sources is critical for valuation of electricity based on generation sources, and also monitors the community’s progress toward de-carbonization.
An intelligent networked battery energy storage system (BESS) deployed on the customer premises to harmonize local electricity supply-demand. The Eloncity BESS mitigates the needs for costly capacity and ancillary services. Additionally, BESS also help to flatten intermittent renewable generation into predictable, reliable, and dispatchable renewable resources.

ELONCITY

The ELONCITY plan is going to face those issues using the advanced block-chain technology. The ELONCITY is trying to build-up a centralized power design architecture with billions of self-contained micro grids. By doing so, power will be available at every time with the extreme security standards and a method higher dependability than today's power network. Through the block technology additionally, ELONCITY will use those benefits such as having complete price clearness, which is these days mostly not offered by the providers. Everybody who uses ELONCITY and participates in it will make electrical energy virtually free so that the earth .

Features of ELONCITY Project:

Using ELONCITY will make power free of cost from:

• Pollution
• Exploitation
• Involuntary Billing
• Over-Engineering
• Excessive Conversion
• Downtime
• Manipulation

The ELONCITY will be doing a token sale very soon to earn funds for their plan. Presently the token sale is restricted just to angel financiers or also recognized as private sales. The Open sale will be very soon announced, so stay tuned for that. With that also will come a full white paper, which will also disclose more info about this plan. Currently, the entire info about the ELONCITY plan can be established either on their site https://eloncity.io/ or their medium https://medium.com/eloncity. There you can not just find a more detailed issue statement about the present power industry, but also an enormous interview with the Founder. So Ensure to check it out.

Conclusion

I believe that such innovative technologies are our environmentally friendly future. After all, thanks to such systems as Eloncity, the society will be able to cope with the main problems of today's energy sector. Maybe not immediately, but gradually. However, the process is already running and there is no way back. And I think it's foolish to deny renewable energy, and its benefits. After all, the result on the face that such use of natural resources and modern technologies is prudent, and most importantly effective! The idea of the Eloncity project sounds very interesting. Their idea of creating free electricity will solve the problem of a million people. Therefore, Eloncity is a long-term project. They have a very strong team and I am sure that they will realize all their ideas.