ELONCITY: The use of ECT in the future and it's features

in eloncity •  6 years ago 

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Welcome to my blog! As you all know the eloncity project is one that is very hot at the moment. They are ICO in a very successful way. Today we will discuss the future use of ECT and its features.

Project overview

For newcomers to the eltoncity project as well as the ECT token I would like to briefly introduce this project for you to have a look at it.

Eloncity is a project based on decentralized renewable energy design architecture. That way, energy will be available anytime with the highest security standards and higher reliability than today's energy networks. It contains a blockchain platform that provides efficient, secure, open energy transactions.

This ECT token is a very useful token designed specifically to continue the process of exchanging energy in the platform or eloncity ecosystem.

Today Instead of fossil fuel and nuclear facilities, more and more solar and wind power plants are dispersing. At the same time, many consumers of electricity start to produce their energy and turn from consumers into "users", producers and consumers of energy at the same time. So the eloncity project will grow dramatically. sooner or later

The use of ECT in the future.

1. Payment methods:

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The ECT token will be the future encoding token, and when this token is fully operational on the eloncity platform in various ways, it will be a positive token in the future energy market. with very high demand. So, when considering the features of the Eloncity project, this token would be a day-to-day use of everyone's tokens. When communities generate their own electricity and they are paid through this ECT token, so this ECT token will be used very high in the electricity industry in the future. The ECT token operates on an open market where people from all over the world are able to participate in transactions in this community. This will help to develop better ECT tokens.
I think in the near future ECT coin will be the main trading form in the power industry in particular and the energy industry in general.

2. A valuable store:

Each ECTP-compliant device needs to stock up enough ECT equivalent to its electrical energy value to participate in automatic exchanges. This makes ECT a valuable outlet powered by the value of electric power. The value of each ECT is determined by the total ecotourism transaction volume and the velocity of ECT transactions. Due to foreign currency reserve requirements, there is a limit to the Eloncity currency, which creates value for ECT and creates a stable token system.

Features of ECT Token

I think the most important feature of ECT is safety:

Fossil-fuel power generators rely on wiring to provide electricity to consumers, but the system is bad for carbon dioxide emissions, and they are prone to fire and will only be exempt. There is fuel to power them. Or the power grid is very likely to occur. As for ECT, this exchange only through token and electricity will be provided in its locality greatly reducing the electrical incident.

Some of the ECT features are outlined below:

  1. AI Blockchain-based Trading System By combining AI and blockchain algorithms, Eloncity helps with the hope of a token to establish a transparent and fair energy market with real-time pricing. do greed
  2. Direct current device: Eloncity with the help of a token will match the use of DC-driven devices to eliminate the use of repetitive power transitions and enhanced capabilities. Competition of renewable energy is produced. mat.
  3. Intelligent Energy Storage Systems: Energy storage systems will work with IoT technologies to help balance the demand and provide renewable energy supplies.
  4. DC Power Bus Conversion: With power generation and distribution, power peaks and DC Power switches are needed to permanently remove peak loads.
  5. Proof of stored power (PoSp): Eloncity will incorporate a Proof of Stored Power protocol, a new mining scheme to create ESS-level financial entities.

Conclude.

Eloncity has ambitious goals that will help them set new standards for the energy market. To achieve this goal, a strong team is built with all the necessary skills, talent and long experience needed for the project. Most of the Eloncity team members have verified their LinkedIn profile. This is good because the more transparency a company has in relation to their group, the more reliable they are.

NOTE: This article is only a guide for potential clients, stakeholders, and everyone for a snip of this great project. The whitepaper will provide an in-depth and thorough analysis. of this great project. You can click on the link below and learn more about this great project

Official Website: http://eloncity.io/

ANN Bitcointalk: https://bitcointalk.org/index.php?topic=4465922

Krypital Bounty Group: https://t.me/KrypitalBounty

Eloncity Group: https://t.me/Eloncity

Krypital News: https://t.me/KrypitalNews

Medium: https://medium.com/eloncity

Telegram: https://t.me/Eloncity

Facebook: https://www.facebook.com/Eloncity-229599404279234/

Twitter: https://twitter.com/Eloncity_io

Reddit: https://www.reddit.com/r/Eloncity

My Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1900976

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