ELONCITY- Free Energy For Everybody!!

in #ico6 years ago

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The ELONCITY aims to decentralize the present electric infrastructure to millions of self-sufficient micro power systems. The cost of electric energy becomes clear to everyone. Everyone will be capable to create electricity virtually free and extremely affordable around the Globe. At the origins steering of the firm, ELONCITY stands that has many of years of skill in the sector of engineering and technology study. He was the technological director in China Cache and a Computer research in Ali-Baba Cloud.

Now, Andy Lee and his firm intention to rebuild the advanced Multi-Billion Dollar world power system using Block-chain technology so that everyone in the future can use eco-friendly and extremely cheap sources of energy.

Blockchain and Energy

What's the relationship among Block and clean Energy? According to the ELONCITY's Founder, these 2 technologies are inextricably connected, as now there're a few hurdles in spreading clean power. The economy of tokenization and tech of block-chain are almost the single way to solve this issue. Though, not entire Block-chain projects can cope with this job. The costs that power companies charge the users are getting upper and upper, placing financial force on the user. In reality, the dealing system can't solve this issue and help male costs more market-oriented.

Therefore, the ELONCITY will make a dealing Block system that'll be synchronized with AI (Artificial Intelligence) Algorithm, connecting the state of the distributed online resources of things (IOT), and will apply device learning to determine the model of the request for the energy of the community.

One of the main of objectives is to decrease the expense of local power than the cost of power for the platform in the order to use marketplace efficiency to boost the use of power storage ecosystems and decrease for local power consumption.

Micro Power Plants

The ELONCITY is going to produce tools for the production and storage of clean power. Consumers will capable to sell further capacity during peak hours. Therefore, the creators are going to motivate a wide number of people and firms to spend on tools for power storage. In addition, an ecosystem for encouraging consumers has been designed. For every megawatt of clean power saved, you can acquire 16 ECT tokens in the shape of a reward. Therefore, the creators are going to motivate a wide range of people and companies to spend on tools for power storage.

ELONCITY has decided to open-up a complete number of scientific and technological ways to encourage developers from entire over the globe to work jointly to develop and manufacture PV for distributed power storage ecosystems, the power systems itself, and tools for conversion and energy exchange. They'll also extend an open a dealing block-chain system and tool to count fair costs. The community will be capable to independently develop a dealing system based on the block-chain system and use Artificial Intelligence to decrease the reason for custom arbitrage.

For what Cases Do We All Need ELONCITY?

Our advanced lifestyle relies upon the massive electric lattices that energy all from electric lights to mass travel trams. In spite of huge walks in mechanical progress, these present lattices are to a massive scope based on a maturing out line, that's basically a brought jointly matrix engineering bolstered by a wide power age plants in remote places which associated customers locales via the intricate maze of (T and D) Transmission and conveyance arrange.

The coordination of energy in exchanging present frame and its conveyance via the multifaceted Transmission and conveyance organize are over seen by territorial structure administrator or (IOS) free of cost structure administrators. The ISOs not only to require to adjust the energy making and utilization constantly, yet in addition have to guarantee the energy delivered remotely is shifted to customer locales with no running into blockages on the tremendous Transmission and conveyance sort out.

While the current electric energy strictures are between the most complexes developing structure at any spot designed by humankind, this brought jointly energy lattice configuration is starting to demonstrate its rage. The current brought jointly power platforms confront some vital hurdles in offering secured, protected, dependable and moderate vitality administrations. The following reasons of just a few of vexing hurdles the present concentrated energy structures confronted.

When you join the problems of cataclysmic occasions, populace progress, and eco-friendly change, new methods to deal with vitality generation & conveyance are needed like never earlier. It's our conviction that the replies for these issues ought to likewise create lively and controlled development for everyone.

The foundation, a non-advantage located in Singapore and a supporter for public access to a decentralized based sustainable energy source, share this aim. The foundation has teamed-up with global associations and nearby platforms to build up the ELONCITY model, a platform driven access utilized to address these issues and decentralized sustainable energy source tools to accomplish a sheltered, lively, solid and evenhanded vitality next.

Useful links:

• Official website: https://eloncity.io/
• Twitter: https://twitter.com/Eloncity_io
• Facebook: https://www.facebook.com/Eloncity-229599404279234/
• Reddit: https://www.reddit.com/r/Eloncity/
• Instagram: https://www.instagram.com/eloncity_io/
• LinkedIn: https://www.linkedin.com/company/eloncity/
• Telegram: https://t.me/Eloncity

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