INTRODUCTION
This platform aims to sponsor the Decentralization of solar energy through Candela coin and then taking others along to make use of the coin and use it as a medium of exchange and a means by which they can access the new solar innovation which should serve the entire global community of users. It is the plan of the team to put an end to Monopoly of the solar energy.
THE CANDELA COIN PROJECT.
This is an innovation that plans to establish a Decentralization peer to peer system of buying and selling the renewable solar energy to make it readily available to many and creating a sustainable power to the world. Through Candela coin, the consumption of energy will now be democratized such that people can rely on the provision and have the price controlled by the users and not by some set of individuals.
THE PROBLEMS TO BE SOLVED
The existing problems in the energy sector is majorly caused by centralization. This has had extreme effect on the price and consumption of energy such that it becomes hard to maintain energy. The energy use and issues that affect it has side effects on production generally especially in developed country because the production of goods and services all depend on energy to either be cheaper or expensive.
THE SOLUTION OF CANDELA PROJECT AND THE OPPORTUNITIES IT BRINGS
This platform has come to the forefront of the energy sector to ensure its democratization which seems to be the only way to make things better. This platform now grants unlimited access to the blockchain and to the decentralized energy community. The blockchain can now impact so many benefits to the energy sector and allow direct access of people to solar energy and also make them transact with themselves without any difficulties.
The use of the blockchain has made it possible to achieve seamless production and effective transfer of the energy to any part of the world. The way the newest technology is being adopted through Candela project is quite commendable.
The capability of the blockchain is boosted by means of the IoT metering device that is integrated into it thus making it able to use features that have not been tapped and becoming the leading technology in the energy market. By use of the metering devices, those who produce the solar panels are made to understand how much energy they produce before having each local utility to estimate the energy sum. This helps to prevent so many errors and it ensure the low cost of all the transactions involved. The new marketplace however makes the provision for available solar energy affordable as all those involved buy and sell.
CONCLUSION
The way electricity will be exchanged and used will be covered by Candela through the features it has put up on the blockchain. It will easily achieve the right energy analysis and will unlock the good values in the energy market such that affordable energy becomes priority as well as the distribution of solar energy.
USEFUL LINKS
Website: https://www.candelacoin.com/
Whitepaper: https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf
Telegram: https://t.me/candelacoindiscussion
Twitter: https://twitter.com/candelacoin
Facebook: https://www.facebook.com/Candela-Coin-111118247315246/
Instagram: https://www.instagram.com/candelacoin/
Youtube: https://www.youtube.com/channel/UCE4g5uz2tLyKe5xolPQzMNg
Linkedln: https://www.linkedin.com/company/candela-foundation/
AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2652432
POA: https://bitcointalk.org/index.php?topic=5267259.msg54951484#msg54951484
This is a very good write up
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Thanks, Presale still on, participate
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