Good morning everyone here! today, I would like to talk about the Candela Coin blockchain project. This one is a new concept to tackle the power of blockchain, renewable energy resources, and peer-to-peer transfer of money outside the fiat currencies to pay power and produce or sell power back to the hands of the community!

Today I would like to discuss with you the different features, competitive advantages, and use-cases of the Candela Coin that could positively disrupt the power sector and how the renewable energy industry can be made back in the operations of the people globally. I am so excited about this project because they do have a team that is competent and has the integrity to make this project a reality.

The Candela coin has a mission wherein they have a goal to what they call as 'Ditch the grid with Candela coin'. What this means is that instead of there will be middlemen or distributors of electrical power which is being held by monopolized companies, we can use the solar energy and use their specialized software and hardware created by the Candela coin team and their employees to actually use it and transfer power to those who needed it.

CandelaCoin Features

1. State-of-the-art customized solar panels for Candela

---> If you are going to buy and sell solar power through Candela, then you must have the high-tech solar panels that have the ability to give and take power from buyers and sellers around the world. It could be a neighbor or a home that is near you. With this type of decentralization of energy, after you have bought solar energy using the Candela coin, the power can be transferred to you like there will be a meter and is controlled. The transactions will be on the immutable blockchain so that if someone needs to see the proof of transactions if one seller is legitimate, then the buyer could just look up the seller's location and check their transactions in the blockchain.

2. Peer-to-peer trading and renewable energy marketplace software

Here is the screenshot of the preview of the Candela's marketplace and trading dashboard:

----> All right, now let me talk about the software made by the Candela foundation and team as well as to how it is related to their customized solar panels above. First of all, in order to have a marketplace, you need to have a distributor, prosumers also called solar energy creators or owners who own solar panels, and the consumers who buy solar energy from prosumers as well. With this Decentralized app or Candela Dapp for short, you can manage your energy by monitoring it on your Dapp.

On the dashboard of the Dapp, there will also be analytics on how you are on your way to the decentralized solar energy. If you are a seller of power, then you could see it in here that you could offer power subscriptions so that no need for manual transmission of power if ever your client wants a continuous supply of solar energy to their homes. By using only the software made by the Candela team. With the Dapp, consumers can also control their usage of their solar energy and monitor it as well.

3. Customizable Decentralized app

---> The goal of the Candela team and project is simple: To have the users get the full control over the dapp for the awareness and spread of renewable energy for the new generation. With this powerful concept, the users or sellers can incentivize the Candela coins if they wanted to be for new users of the platform and for their client base. The prosumers can also get incentives for being a prosumer of the Candela project.

4. CANDELA HARDWARE

---> I saw and read the white paper of Candela. I know that you guys are excited to see it. But I think they will show it in the right time. They seem to be on the verge of the prototype beta test of the hardware for Candela or maybe it is already ready. I really do not know. What I do know is that this Candela Dapp hardware will be integrated to the blockchain and also to the user interface of the prosumer. In that case, whenever you are using this hardware, It will be the one to communicate with the blockchain layer and how much solar energy is being produced in your household if you are a consumer. Built with the IoT or Internet of things, this hardware will be like the smart-powered solar panels.

Source: https://www.pv-tech.org/news/solar-monitoring-and-the-internet-of-things

CANDELA FOUNDATION

---> To summarize, on my own understanding, this foundation is like the inter-agency inside the CANDELA project wherein they are the one that oversees the project and ensures that each day that passes by, more people will be able to know the goodness of Candela and be able to spread the blockchain technology to be used for the decentralizing the energy sector. They want it to be like the 'new normal' in buying energy for their households. Developers could also integrate with it so they can also build apps on top of Candela and provide energy in other sectors like wind and hydro.

Take a look at the screenshot here as well:

Source: White paper of Candela: https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf

Use-cases of Candela coins

A. Neighborhood energy passage

--> As said, you can transfer energy to other houses and monitor how much is being sent and how many are left. Like a prepaid load. There could also have a continuous subscription as per the Candela metering. Take a look here:

B. Solar energy matrices and interconnectivity around the world

--> I know what the future of Candela could be. Aside from the solar energy sector in the local communities, there could be a main inflow and outflow of solar energy between countries via underground and underwater light cables that has solar energy. With this type of future, Candela coins can just instantly send to other parts of the world with so small fees. Cleaner and faster transaction and real-time as well.

C. Electric car charging---> This was not surprising. The technology experts of the Candela team knows what they do. For sure, they will be able to produce a battery and charging station inside the car. No more need to go to stations just to charge. What do I mean by that? It means that in every second, that the charge of the solar battery or solar fuel is being fed into the electric car, it automatically charges and the Candela coins that are being in the wallet of the prosumer can be charged into it or could also be postpaid so that continuous flow of solar energy and electricity goes into the car for no worry driving.

TOKENOMICS

https://www.candelacoin.com/pages/buy

There will be a total of 125 million Candela coins. No more no less. As can be seen in the above picture, it is $0.0297 for the presale. That is why I encourage you guys to buy more during this period! That price will be that until October 12,2020.

ROADMAP

CANDELA COIN'S BIGTIME TEAM

Thank you so much guys for reading my post about Candela coin. This is really a promising project because we are shifting to a cleaner and greener environment.

If you wanted to know more about Candela and their other information, you may visit their website, white paper and social media channels below:

Website: https://www.candelacoin.com/

White paper: https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf

Medium: https://medium.com/@aviverdu

Facebook: https://www.facebook.com/Candela-Coin-111118247315246/

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

Twitter: https://twitter.com/candelacoin

Telegram: https://t.me/candelacoindiscussion

Youtube: https://www.youtube.com/channel/UCE4g5uz2tLyKe5xolPQzMNg

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

Linkedin: https://www.linkedin.com/company/candela-foundation/

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