ELONCITY multifaceted framework ensures project planning and Enforcement are generalized informed, synergistically inclusive, equitably tested, locally responsive, systems-oriented and leverage the best of technologies.

Main features of Eloncity

• Trading block system with AI algorithm - Block trading systems make the trade in energy transparent, while the algorithm based on artificial intelligence technology will find a fair market price in real time as a reference.

• Storage systems Smart Energy - Intelligent energy-saving systems, in conjunction with IoT technology (Internet of Things), will compete in local energy markets by ensuring the supply of locally produced renewable energy.
• Switching the DC bus (DCbus) - The technology of the new energy system is provided by a constant system for counteracting the peak load.
• Association of household appliances - A new generation of household DC-devices can eliminate the re-transformation of capacity and increase the competitiveness of renewable energy of local production.
• Proof of stored power (PoSp) - The new mining scheme provides investment advantages of the ESS class (executive systems).

ELONCITY ICO Technology Advantages

Open and Secured Energy Transaction

The ECTP or Block Chain stage gives an open, anchored and disseminated record for a proficient chronicle of the exchange of vitality benefits in the network in a certain and changeless way. The Block Chain stage offers Eloncity ICO to set up an auditable record for following the wellsprings of power age in the network, regardless of whether it is inexhaustible or non-renewable energy source. The auditable following of power age sources is basic for valuation of power in light of age sources and screen the network’s advance toward the inexhaustible without future. This element encourages a mutual asset economy to amplify resource usage rates and financially savvy access to decentralized inexhaustible vitality.

Bound together and Efficient Energy Marketplace

ELONCITY ICO Token encourages an open market that empowers networks far and wide to trade vitality and shared-assets locally and furthermore to get to the brought together a system of worldwide sustainable power source items and arrangements. Thus, according to ICO reviews, inexhaustible item and specialist organizations advantage from a more open worldwide market.

More prominent Reliability

The ELONCITY ICO gives more prominent vitality benefit unwavering quality through the decentralized vitality engineering’s natural outline capacity to envision, assimilate, adjust to and quickly recoup from possibly problematic occasions. The ELONCITY ICO configuration incorporates locally sun-powered PV clusters or windmills, and insightful arranged BESS for keeping up neighborhood electric administration dependability, adaptability and strong vitality supply amid framework benefit disturbances and crisis occasions. The BESS, either behind-the-meter and front-of-the-meter, self-control the whole network for the coveted span to ride through a crisis occasion, through the PV non-creation periods, until the point when the sun or wind ends up accessible again to empower the local renewable generators to recharge the BESS.

Expanded Safety

The Eloncity’s inexhaustible age and BESS decrease or dispense with dangers from the reliance on non-renewable energy source based reinforcement generators that are regularly not accessible in a fiasco, have high dangers of flame, blasts, gas harming, and are very likely accessible for just the constrained measure of time while gas/diesel is accessible.. The Eloncity Model offers an immediate reaction to deliver the unsuitable dangers to general wellbeing and security postured by the petroleum derivative based vitality assets.

Low-outflow Vehicles/Transportation

The Eloncity control framework and Block Chain structures incorporate a propelled vitality administration framework, nearby inexhaustible power age, a keen organized BESS, electric vehicle (EV) to network association, and wandering EV charging to help the zap of transportation. The Eloncity Model advances open wellbeing and lower transportation cost by the advantages of EV and V2G innovations.

Eloncity Token

Eloncity will be powered by Eloncity Token (ECT), which will have a few key functions:

1. Exchanging Energy – Eloncity Tokens will be used as a medium of exchange for parties that wish to exchange energy with each other. By providing extra energy to those on the network, consumers earn Eloncity Tokens.
2. Store of value – battery energy storage systems (BESS) need to reserve ECT equivalent to their electricity capacity value. Thus, ECT is backed by the value of electricity in the Eloncity ecosystem.
3. Mining Rewards – Battery energy storage systems which can be thought of as mining nodes or proof of stake nodes in the Eloncity ecosystem, will be rewarded with Eloncity Tokens for storing renewable energy.