A person does not imagine his life without electrical appliances. All communication, kitchen and household appliances are supplied from electricity. If you imagine that there is no light in an apartment, then a person will not be able to cook food, watch TV, charge smartphone and turn on computer and the light in the evening. Without electricity, a person becomes disarmed, as electricity provides a comfortable existence. But it is necessary to pay for all this comfort... In spite of the fact that the housing and communal structure has stepped far ahead, and now the payment for the consumed electric power is charged on the basis of data of metering devices with a ranking on day and night, the electric power is still an expensive resource. The environmental situation with regard to the large amount of electricity consumed is also quite acute. Attempts of a person to carefully treat an electric resource by timely switching-off devices and the world action of switching-off of light all over the world for one hour do not bring desirable results. The problem needs an innovative approach. The decentralized ELONCITY platform, which converts the reproduced energy into microgrids, has become an innovative solution of this problem.
Key features of ELONCITY
ELONCITY project makes electricity available to users in a non-stop mode at an affordable price. ELONCITY is a worthy competitor to existing utilities. Thanks to the AI algorithm, ELONCITY platform generates the most favorable prices for consumed resources in online mode with the possibility of tariff reduction, while the standard management company only raises existing tariffs.
Using the platform will increase the social advantages of the platform in the form of accessibility and resource saving, help reduce greenhouse gas emissions to improve the environmental situation in the world, will facilitate the introduction of electric vehicles by generating a new generation of electric power with affordable prices and uninterrupted supply.
ELONCITY is already adapted to most of the existing technology due to the developed DNA model that scans the household appliance.
Advantages of ELONCITY platform
ELONCITY platform offers the possibility of saving energy using Smart Energy technology, based on IOT technology, for establishing a balance when supplying renewable electricity based on the "demand generates supply" principle. Electricity is generated according to the principle of conserving PoSp power, thereby increasing the investment grade of the project to the level of ESS.
The power supply system is reliably protected from overload due to artificial intelligence. The possibility of connecting household appliances through DC program to the platform allows reducing the level of the current supply during the period of passive use of the device.
The underlying blockchain technology makes it possible to implement the process of electricity consumption in a transparent and safe way.
Transactions on the platform are carried out using smart contracts, which ensures a high speed of their execution. Also, the use of smart contracts makes the work of the platform transparent, allowing to calculate the source of electricity generation - not renewable or renewable. The use of the latter is more beneficial, both from the ecological point of view, by minimizing greenhouse gas emissions, and from the point of view of saving - renewable sources are much cheaper.
Thanks to the operation of ELONCITY platform, the availability of electric power in the emergency mode is significantly increased due to the lack of dependence on the backup power generator operating at the expense of fossil fuels. The level of safety of use of the electric power at explosions and fires at the expense of automatic decrease in capacity of giving of fuel increases.
ELONCITY cryptocurrency
To perform calculations on the platform, ECT token is used, the main purpose of which is to promote local exchange of electricity, stimulate investment in the global energy saving system and create an open global market for access to renewable electricity. A total of 1 billion ECT tokens were issued, of which 320 million were sent for sale. The tokens are sold according to the ERC-20 standard on the basis of Ethereum and can be purchased using any similar cryptocurrency wallet. The project’s crowdsale starts in the near future - more detailed conditions will be additionally announced by the project’s creators.
Summary
Thus, ELONCITY platform is an innovative product that allows the use of renewable sources to create electricity as an alternative to non-renewable ones. A user-friendly interface and a logically arranged structure of the site will allow any age group to work on the platform. The technological equipment of ELONCITY will allow installing the product at home at no extra cost, and excluding an intermediary in the provision of services will save money. ELONCITY project will help to improve the deplorable ecological situation on the planet by reducing greenhouse gas emissions.
Now the project is in operational mode. ELONCITY has implemented BESS battery storage system with the POMCube program to improve the efficiency of the power supply process, depending on the needs of an individual. The product in North America has already passed successful testing through the launch of the virtual VPP power plant. For off-grid applications, NetZero project is launched, which allows using decentralized energy resources in the form of solar energy, gas generator, etc. The program for further work on the platform is developed until 2022, which confirms the serious intentions of the project creators to introduce the platform around the world. ELONCITY offers its investors to begin the independent construction of a self-sufficient energy campus. In the near future, ECTP trading platform will be available, as well as DCbus with support for the supply of electric power electric vehicles.
Thus, ELONCITY will be useful for the environment in general, and for investors and ordinary users in particular. An investor will have an opportunity to invest money in a promising industry, and a user will reduce costs.
Links:
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
https://tokeneed.com : UID: 9239233295
Website: https://eloncity.io/
WhitePaper: https://bit.ly/2O0jqD5
Telegram: https://t.me/eloncity
Facebook: https://bit.ly/2uEYusx
Twitter: https://twitter.com/Eloncity_io
Medium: https://medium.com/eloncity
ANN: https://bitcointalk.org/index.php?topic=4465922
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.
Great project! I will be happy about the mutual evaluation of my article, about ELONCITY
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