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The increasing number of cars all over the world today is majorly (75%) a contributor the carbon gas emission depleting the ozone layer and creating series of environmental imbalance, the innovations of hybrid cars has been a conscious attempt to go for higher emission standards, it has been estimated that over 150 million people living in America suffer a deficit in federal air quality standards, the health risks are alarming with huge medical financial burden weighing down on their pocket. The continuous developments in hybrid cars have shown that it can actually be cost-effective for humans and also very much friendly to the environment.
The hybrid car is a kind of car that operates with two or more engines majorly the conventional petrol/diesel engines and the electric motors, while the electric motors propels the car at lower speed the conventional petrol/diesel engine propels the car at faster speed, this is a conscious attempt by its manufacturers to conserve fuel and also at the same time reduce the emissions of CO2. The hybrid car those not only combines gas engines with electric motors but it also ensures that batteries are of the car is charged while the car is in motion and this will help the engine during its acceleration.
They have been different phases and innovations to hybrid cars and blockchain is making it easier using the CAREON chain network, the blockchain based platform is poised towards offering a single platform that will be used for the sharing of hybrid vehicle data, innovations, projects and also research work. It aims to attain a level at which it is able to make the entire world act as a research, invention, improvements and development point for different technologies in the world of automobiles so as to aid the development of hybrid cars. The CAREON platform wants to have a generation that can ably interact between researchers, developers and then the manufacturers of most hybrid vehicles all over the world. The CAREON chain provides a uniquely designed decentralized network that will allow the storage and security of all research projects that has been duly or scientifically proven to be able to develop a hybrid car (technology). Hybrid technologies are meant to produce hybrid vehicles (cars) that are cost-efficient and also government tax friendly, they operate at a very high-performance rate and can drastically reduce pollution previously caused by fossil fuels. is to create top-notch technologies as well as cogent solutions to environmental degradations. The CAREON platform is the first of its kind in the international market of hybrid cars because it portrays an enviable level of reliability and transparency, users will now be fully privy to very important information’s.
The CAREON chain platform operates with the REO Token that will be used as it very own utility token within the CAREON platform as it gives CAREON investors the chance to actually trade on the network. All users need to have the REO token during the initial coin offering operation in the platform so as to aid them in the processes of uploading their research/project work on the system (CAREON chain platform). The producers of the hybrid cars will buy the research data from their users and then pay the users using the REO tokens. It has been posited that in not too distant time the REO tokens will be used for the buying of most hybrid cars and even in most e-commerce websites. At the moment the accepted methods of payment are for the ETH and BTC with a total supply rate of 360,000,000 REO, it will give at a soft cap rate of 2,000,000 USD and a hard cap rate of 20,000,000 USD.
The CAREON chain will offer tremendous benefits like faster transactions speed for all transactions carried out on its platform that will in turn aid a better and a more efficient money exchange processes, it is designed to function as a system that uses a very unique verification service for borrowers of funds for investments, CAREON chain provides an online wallet that aids the keeping and then investment of all their money on the system in the most secure and transparent manner users will also be able to use this stored money to carry out purchases and also at the same time pay for services. CAREON chain platform offers a very advanced security system that aids the storage of all kinds of technology made in respect to the hybrid car it will attain this by leveraging on the peculiarities of blockchain technology.
CONCLUSION
The CAREON is a blockchain solution that touches positively the core of the very many facets of our society as it will create an almost CO2 emission free environment, it will create accessibility and cost efficiency in the usage and acquisition of hybrid cars, CAREON will bank on the availability of information in the platform to offer possibilities of having more better hybrid cars in all countries across the world in a not too distant time.
For more information visit:
Website: https://www.careonchain.io/
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