CANDELACOIN: REMODELLING THE ENERGY SECTOR USING THE BLOCKCHAIN

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INTRODUCTION

The energy market has been bone of the most vulnerable market that has proved very difficult to manage due to the cost involved in maintaining it. So many problems are known to be associated with it and as such it makes it very difficult to maintain the power model which is very challenging to distribute to users. The demand for electricity in our present world has also grown that the amount distributed is currently not enough. Now with Candela, users of electricity will be able to purchase just what they need and have access to energy without any company standing as intermediary.

WHAT IS CANDELA ?

This platform is all about making all manner of infrastructures available and useful to improve energy for all. This is a project that really frowns at monopolization of energy and now is making use of the blockchain technology to improve the sector. The renewable energy type is focused on because of the potential and how it is capable of improving production at all levels. Now a truely decentralized solar energy will be distributed and will make it possible to have seamless production and many other ways energy needs to be applied.

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SOME IMPORTANCE OF CANDELACOIN

The first advantage it brings to the energy industry is all about how it takes control of the price from the mopolistic parties and give the control to the users. It makes the pricing for effective and make users able to adapt to the new system of pricing.

The second one is all about how it will pave way for more advance technological improvements which will come about as a result of the stability of the energy. This is one way to improve the technology and make the sector very flexible in terms of pricing and distribution of the energy.

Then so many will be able to depend more on the type of energy produced and therefore avoid so many risks that may be associated with the sector. The rewards are made abundant in the network with CANDELACOIN and there is a balance set in the industry such that all the communities that are tied to the project is made richer.

CANDELACOIN as a product makes users able to get affordable solar energy which can be traded amongst the buyers and sellers while using the ETHEREUM blockchain for the transaction. The Candela coin makes incentives available for the users and the producers. This is because they all contribute to the community and Candela has been made to fit into the market model and has been designed to give the market users or participants the opportunities that would make a difference in their energy system.

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CONCLUSION

This platform as a unique one will provide unique solutions that will be accepted in the energy sector such that both the entire community and individual users will be able to achieve their goals with the provisions. This will make the energy level produced very good to benefit the commercial users. The market would also be configured to fit the present industry's technological standard.

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Check out the links below for more projects info;

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/

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

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

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

Writer's Info;

Bitcointalk Username: Endpoet

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767513

Proof of Authentication: https://bitcointalk.org/index.php?topic=5267259.msg54951110#msg54951110