The blockchain networks are making things easier to solve. It shares the concept of recording transaction to secure a stable and chronological way that has been led to a possible application in severing areas of meeting up with the transaction system. Eloncity is the blockchain network powered by the decentralized infrastructure to the millions of self-sufficient microgrids. The power of the network is mostly producing through the direct competitive utilities available 24/7. The blockchain networks are sharing an infancy situation as some issues are faced to have unwanted centralization with the slow transactional system in terms of verification. The risk factors are like some issues that work as unwanted centralization for the slow transaction in verifying the security system.

Loss of Talent

There might be some loss of talent to the Eloncity Network depending on the continuation of the existing technical team. The team is rendered with some expert consultants of highly knowledgeable and experienced in the respective sectors. The loss of these members may have some adverse effect to the Eloncity Network also comprises the future development.

Fail to Develop

The Eloncity Network system is still at the development stage where the substantive changes get a final design before the official vision releases for funds. It has a risk for the development of the network system and ECTP can be executed for the implementation for making plans to meet with the expectation for purchasing the tokens for many reasons. Such reasons work without the limitation to the event of declining prices for the digital asset, virtual token or ECT, unforeseen technical difficulties as well as the lack of expansion to the development funds for such activities.

Unanticipated Risks

There are some unanticipated tokens present for the ECT tokens and it is a unique and untested technology. it works by for mentioning the risks. Some of the risks are associated with the purchase of holding and using the ECT. This includes the foundation where there will be no anticipation. These risks are materializing further for such variations in unanticipated or combined risk discussion for the statements.

Foundation Termination

Few risks can be the result of the termination of the foundation and it has potentials as well. It has some limitations to some hostile instability to the assessment of cryptographic and fiat currencies. This will reduce the efficacy of ECT because of the harmful acceptance to the network of Eloncity. The breakdown of marketable relationships or academic changes in property ownership might not be feasible to activate for being the closure of the foundation.

Anti-Money Laundering Consideration

It has some possibility to face some risks related to the Eloncity Network for the competitions of purchasing for holding ECT tokens. This can be the focus to absolute the events like anti-money laundering, counter-terrorism in economics for the requirements of regulatory authority in some definite jurisdictions. This can catchphrase the user from the acquirer of any ECT in anticipation of what they will be getting through the professional's recommendation. This can be sought for the reservations that are the response comes out by the endorsements.

Being an open the technology for making the electricity virtually free, Eloncity will be able to electrify the entire world with clean energy. This will let the users motivate their though for using the better service of Eloncity Network even if they face some risks. They want to stay confident in their service providing organization.

The total populace is expanding step by step. With that, the interest for electrical vitality is expanding as well. So concentrated AC lattices won't be a cost-proficient answer for transmitting an enormous measure of electrical vitality for long separations while considering the misfortunes ( transmission misfortune and conveyance misfortune ). Furthermore, with the expanding request, the previously mentioned issues in incorporated AC control electrical frameworks excessively get more powerful. So this innovation must change, there must be a superior way or a path without these issues. Venture Eloncity is by all accounts a decent answer for this while considering the "Eloncity Model" which was made to address every one of the difficulties looked by this brought together AC control electrical frameworks.

Another imperative certainty which we should consider is the blockchain stage which gives effective, secure, open chronicle of vitality exchanges. It is extremely noteworthy. The Blockchain arrange is the significant reason for an anchored and productive record for a capable narrative of imperativeness trades in the system in a solid way. The blockchain stage likewise inspires and engages the Eloncity venture local gathering to develop an auditable record and it is an extremely huge preferred standpoint.