HIvePower, building blockchain based ENERGY communities.

in ico •  7 years ago 

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The use of modern alternative energy sources allows you to get enough of this energy itself - often you have to sell the rest to utilities. But today, innovative technologies make it possible to change the alignment of forces in this segment - it is possible to sell electricity even to its neighbors.

The decentralized platform HIVEPOWER is a unique project, the basis of which is the blockbuster Efirium - developers want to allow energy consumers to create huge communities, the purpose of which will be the sale of electricity for the cryptocurrency. It is a decentralized autonomous organization that allows communities to share/sell energy, counting on getting a solid profit. Centralized companies today have lost their relevance - there are too many problems associated with their functionality. That is why the HIVEPOWER project should become a real revolution in this segment.

Features of the HIVEPOWER project

Open platform - there is the possibility of using the different software within each community.

The marketplace is distinguished by a stylish, functional design, which is liked by users of HIVEPOWER. This is an excellent opportunity to sell energy as quickly and as simply as possible, receiving in exchange a cryptocurrency.

Full security - the use of blocking technology, allows you to guarantee the security of each transaction. All data and terms of cooperation become part of intellectual contracts. This approach allows protecting users of HIVEPOWER from incorrect transactions and fraudulent schemes. Energy assets are an incredibly profitable segment that has long needed modernization. Developers of HIVEPOWER have decided to create a decentralized platform that will allow customers to sell/buy the required amount of energy received from alternative sources. This type of cooperation is extremely effective and mutually beneficial.

Concept of HivePower

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Features of the used power algorithm

HIVEPOWER gives users the ability to correctly calculate energy consumption in order to determine the number of its residues. Such calculations allow immediately to form a commercial offer - buyers will be able to consider all options for cooperation, pick the one that best meets their requirements and preferences.

Hivepower user app

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You can simply manage your energy through this mobile app

The functionality of energy communities

A decentralized energy market is an innovative approach to the sale of energy. The developers of HIVEPOWER do everything in order to simplify this procedure. Each community receives a special counter, the basis of which is the blockbuster Efirium. This is an innovative solution that allows you to monitor the extraction, consumption, and sale of a certain amount of energy. It is reliably protected from fraudulent schemes, so it allows you to receive exceptionally truthful data within each community.

This approach allows you to monitor the power of the consumer company, how often it needs energy. The automated system makes it possible to simplify the process of buying energy within the HIVEPOWER platform. In order to pay for all services, you need to use the popular cryptocurrency, in addition, it is possible to apply internal resource tokens to get certain discounts.

Why blockade is an advantageous solution for HIVEPOWER

Let's single out a few main reasons:

The popularity of cryptocurrency is constantly increasing, today they are used to pay for a huge number of services, the energy segment is no exception.

Users will be able to rid themselves of problems with the use of fraudulent schemes - intellectual contracts provide full security for everyone performing transactions within the HIVEPOWER platform.

Lightning fast pay, no delays - you can significantly save time on the transaction.

Why HIVEPOWER is a useful platform with a huge future

  1. The platform is decentralized, which allows it to offer safe, beneficial terms of cooperation for all users.

  2. The monopolistic market has long lost its reliability, dependence on a particular supplier leads to huge problems. HIVEPOWER allows to solve this situation - users will be able to find another supplier at any time with favorable terms of cooperation.

  3. Profitability - energy producers will be able to reduce the commission payments that are provided for intermediaries in the sale of energy.

  4. Optimized energy market, which is the most beneficial for all its users.

How HivePower Works

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The problems solved by this decentralized platform

Before launching its project, the developers have long researched this segment to understand its weaknesses and find the optimal solution to all existing problems. Today, no one wants to cooperate with utilities - they are not willing to pay enough for energy from alternative sources. Why waste your time on an industry that has long since outlived itself? Developers of the decentralized ecosystem of HIVEPOWER open up new opportunities - create energy communities that will become the epicenter of all important transactions in this segment

The energy sector is characterized by a monopolistic character - only large players have the opportunity to earn on the sale of energy. At the same time, the prices are very high, there are no guarantees of security of the executed transactions. Only thanks to the decentralized structure, it is possible to establish mutually beneficial cooperation between energy sellers and buyers. The developers of the decentralized HIVEPOWER network have many plans to expand the functionality of their project. Today, this requires additional funds - experts are doing everything possible to attract investors. In the future, after ICO and receiving a certain profit, all means will be spent on the development of HIVEPOWER. Developers promise customers improved functionality at minimal cost - no commission and other problems.

conclusions

Many analysts of this sector are satisfied with the dynamics of development of HIVEPOWER, they are sure that the efforts of developers are sufficient to attract the necessary financial resources to the HIVEPOWER project.

Website: https://www.hivepower.tech/
WhitePaper: https://v.fastcdn.co/u/a25ac79a/29853262-0-Hive-Power-WP-1.3.pdf
Telegram: https://t.me / hivepower
Twitter: https://twitter.com/hive_power
Facebook: https://www.facebook.com/HivePower/
Ann: https://bitcointalk.org/index.php?topic=2097220.0

Author- cham12 (bitcointalk username)
bitcointalk profile - https://bitcointalk.org/index.php?action=profile;u=1574947

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power crisis is one of the major problem for modern world. so hope this project will have high gain/success in near future.tganks for this amazing article

This is an amazing and perfect explanation. Thank you very much for the info.