Capella Coin
Sep 4, 2018 · 4 min read

Freeing energy from the hands of few

In a world that runs on power, the disruption caused by changing the power supply will affect the whole infrastructure. The research draws attention to the devastating fact that 1.1 billion inhabitants (17% of the world population) do not have access to electricity. According to the IEA, world electricity demand will increase by 70% by 2040. National

Geographic states that the earth’s temperature has risen by an average 0.85 °C, since the end of 19th century. The need for clean and renewable energy is taking over the world. The globe is witnessing a shift from fossil fuels to inexhaustible and clean energy. The latter does not produce greenhouse gases, which is the primary reason for climate change. Renewable energy is diverse and found in abundance.The system of energy scenario is constantly changing. Energy will no longer remain in one central hand. Long gone are the days when one central database was used to rule the transaction validity. Due to the lack of choices, consumers are forced to go for the costly option of subscription based models, which puts the power in the hands of few corporations and locked in the financial model.In the capella blockchain process it is impossible to edit, delete or copy the created blocks. This increases levels of robustness and trust. The decentralized storage in a blockchain is failure — resistant. The majority of the data will be stored on the data store and it behaves like a distributed database. The data-store is configured to auto-hash transaction that sets on to the public chain. The scaling will happen on the public blockchain which will reduce costs..The blockchain eliminates the single point of failure and the data becomes immutable The decentralized scheme will transfer the authority and trust to a virtual network which helps in continuously record transactions on a public block. This allows applications to be organically decentralized. Due to extreme shifts in requirements of energy at various periods and without the proper technology to manage the load balance, there is a huge energy wastage and no proper plan for energy storage. The time for freedom has come. With capella capella blockchain, it is time to put the power back in the hands of people.The challenge now is to understand how to deal with these changes. To help this disruption of power shift, many professionals are working tirelessly and making use of the available technology and some are also adopting newer technologies.Renewable energy technologies are clean sources of energy that have a lower environmental impact than conventional energy technologies. Renewable energy will never run out. For businesses, like utilities and electrical grids, the time has come for change. With the continuous rise of renewables, it is not too far off in the future when the grids will be out of business or become a marginal player, if they don’t adapt to the changing shift in power generation Cryptocurrencies have taken the world by storm. These digital or virtual currencies use cryptography for security. It is rendered immune to government intervention and manipulation. The invention of capella coins(i.e cryptocurrency) and capella blockchain technology play a vital role in technological advancement based on secure payment, peer-peer transactions,and so on. Although these digital assets were criticized for not being widely used by individuals who are not into too much technology it is decreasing on a daily basis. While the inventor was trying to come up with concepts that will prove beneficial for all, he found this digital cash, which is a peer-peer transaction. The exclusive features are an added advantage. Secure payment is the vital concept of these currencies. The enormous numbers are the key to secure payments. Capella coins(i.e cryptocurrency) market is growing at an exponential rate. Major problems have been solved through the implementation of blockchain technology. Capella coin tries to solve the existing problems and bring massivedisruptions in the Energy economy It is being considered a milestone in the business culture. While start-ups benefit more, these currencies have proved to be the most trusted in the market. Capella coin is now using the blockchain technology to adopt the renewable energy. This Capella coin will be used to buy and sell renewable energy. We at Capella have been focused on creating a functioning global energy sharing ecosystem that adequately balances demand and supply across the globe. Once implemented, it will be possible to consider energy as a tradable asset that can be traded or held depending on the preference of the consumer. The following are some of

the ways in which Capella coupled with blockchain technology can disrupt the energy market: Freeing energy from the hands of select few and making it a commodity will be the challenge for Capella. To enable this, Capella has started designing a native App named Matrix, which will function as a Peer-to-Peer energy trading platform. With the Energy market decentralized and energy becoming an asset on a blockchain,

consumers can begin to trade energy within a peer-to-peer market. By doing this Capella ecosystem will enable a huge potential to introduce a greater range of economic benefit for both energy companies and consumers.

By making electricity a tradable asset on a blockchain, consumers can benefit from the many advantages of blockchain technology and commerce, such as negligible transaction costs and network transparency, and so on. The Native App Matrix will excess energy generated and make it available for trade almost instantly on the App. This will reduce excess energy wastage as the consumer can instantly purchase that energy. Also, since there will be a number of energy generators all putting their energy for sale, Matrix will enable a bidding platform where producers can trade excess energy and the consumer can select and buy the lowest deal or even choose their preferred supplier of electricity.