In time past and as of now Energy power has been the major threat to mankind due to its limited supply in some country and also the cost of getting it. It has been observed and taken as a general problem in most develop and developing country, due to the fact it's always centralized,
Years to years and from time to time its has been observed that anything been monopolized, the end-user always suffers for it, due to the direct and indirect effect of it I.e any firm that is enjoying monopoly always exploits the consumer, especially if its offering necessity goods or services.
Due to the centralization of power citizen tends to pay more and also receive low-quality power in return and most of the time the problem is always unsolvable for government; in this case, citizen got no choice than to manage what they received, believing solution will come one day, to cut the long story short the awaiting solution that people have been thirsty for as regards to an energy power supply is candela coin.
What is Candela?
Candela is a project under Candela foundation that finds interest in advancing ways and means of engaging in transacting Energy. Candela intends to achieve this by investing in the integration of IoT Hardware, Electricity storage, and smart appliances by funding third-party developers who can build Candela Market Place.
Candela Coin
Candela Coin can be regarded as the basis that allows one to enjoy power with ease via CLA token, by allowing holders to enjoy decentralized solar power and the most amazing part of it is that is a blockchain peer-to-peer energy.
With the candela coin people around the world get the chance of doing the impossibility when it comes to Energy power by transferring solar energy to their neigbour, family, and friends within and outside their area.
One the most amazing and the unrealistic about candela coin is that users are given the privilege to sell, buy, and store solar power. This makes Energy power to be Accessible than ever before.
Candela Motive
The major or the ulterior motive of the candela is to solve the power problem generally by decentralizing energy power protocol into a democratize and decentralize one, in which consumption, production, and transfer of power are done with ease.
Effect of Candela on the Populace
The benefit of candela cannot be overemphasis as the control of power supply by the power company is reduced to the barest minimum (i.e Monopoly is eliminated) putting the power into the hand of the people. Whereby individuals will not experience power shut off whenever a monthly payment is not made, as one will enjoy the quantity of the Energy Power bought. Users also enjoy more whenever he/she want to sell his/her excess power.
MODE OF OPERATION
Candela coin carries out all their activities in a chronological sequence by offering a single coin with one slot for buying and selling energy. By accumulating the unit price of the buyer’s bid in line to the unit price of the seller's bid in other to create a smooth and remarkable transaction experience.
In addition to the above user that has in possession solar panel, will enjoy from the pool of 5million token set aside, in which they will be given candela coin (CLA tokens). And for any buying and selling of power it’s been done with CLA token.
Conclusion
From the aforementioned, it has been observed that candela coin has one way or the other makes people come dream true by solving long-standing power problem with ease access to solar power which serves as means of instilling confidence in them by allowing user and citizen to be in charge of power and eliminate monopoly.
For More information kindly consider:
Website Url: https://www.candelacoin.com/
Telegram Url: https://t.me/candelacoindiscussion
Twitter Url: https://twitter.com/candelacoin
Facebook Url: https://web.facebook.com/Candela-Coin-111118247315246/?_rdc=1&_rdr
Linkedin url: https://www.linkedin.com/company/candela-foundation/
reddit url: https://www.reddit.com/r/CandelaCoin/
Instagram url: https://www.instagram.com/candelacoin/
Youtube url: https://www.youtube.com/channel/UCE4g5uz2tLyKe5xolPQzMNg
White Paper: https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf
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