CANDELA COIN — DIGITIZATION OF THE POWER STATIONS, MAKING ENERGY MORE ACCESSIBLE AND SUSTAINABLE TO THE WORLD.
The centralized conventional power station and grid infrastructure have caused a lot of problems in the power stations. The control of the price and the power we rely on are in the hands of large monopolies, duopolies, and power companies which have resulted in a high cost of maintenance as well as a higher cost to the consumers. Nonfunctional services in times of problem, inclement weather, issues that stem from government regulations, and shuffling off the power by power companies when one is unable to pay for the monthly bills are some of the problems facing the power stations.
The creation of energy from mining, refining, burning fuel, transportation of electricity across long transmission and distribution lines into the useful energy that powers the modern lifestyles and economic productivity is costly and inefficient thereby resulting in unintended and costly health and environmental challenges from asthma to climate change and a significant loss of economic value.
All these problems have discouraged innovation and saddles consumers with decades of legacy cost, yet, nothing is done to curb these menaces but the good news is that a unique and transparent platform called Candela — a platform that is based on blockchain technology that functions across connected hardware (IoT device), a toke system for transitive energy (Candela Coin), and a foundation that advances market design and technology in tandem has come to bridge the gap and remove the barriers by reducing the price of electricity, and improving the services as well thereby bring the power of the market to individual and community.
CANDELA COIN — A DECENTRALIZED AND DEMOCRATIZED SOLAR ENERGY PLATFORM THAT IS BASED ON BLOCKCHAIN TECHNOLOGY.
Candela is decentralized solar energy and software that is based on blockchain technology for peer — to — peer energy transfer and democratization of energy. It is an open-source ecosystem that allows users to participate in every way possible by enabling them to receive and store energy, as well as giving them a single point of seamless transaction to buy and sell energy and at the same time empowering them. The blockchain technology as an innovative method of storing and validating data allows direct transactions which are trackable and tamper-proof on the distributed system between prosumer and consumer.
The use of blockchain technology virtually eliminates manipulations, allows the direct transfer of energy, reduces the cost of the transaction, and the authentication process makes users’ data confidential. The use of decentralized solar energy solutions and blockchain technology makes it possible for a person with a photovoltaic system to sell solar energy and receive payment from other users. Candela makes use of an IoT metering device that runs on blockchain technology to show solar panel users how much energy is produced.
Candela manages the flow of electricity and the exchange of energy through the formative and delivery of pricing signals, predictive analytics, and automation of activities which shows the real cost of local service. The system also unlocks the value to be assembled in a new way and priced appropriately. Transitive energy which is the fairest allocation of risk rewards efficiency and flexibility and allows new business model that provide services to the participants and more opportunities to connect. Prosumers and consumers are not restricted to rooftop solar panels rather are enabled to use the solar panel as both stationary and personal.
CANDELA FOUNDATION.
Candela foundation is an agency with the motive of advancing policy and technology of the Transitive energy system. This foundation ensures to take a little step forward in market participation inline with token distribution, monitoring adoption, and ensures that the benefits of candela are fully realized in the real world. The foundation plans to invest in the installation and integration of distributed energy resources like IoT hardware, electricity storage, generation assets, and smart applications thereby opening up a broader network of global participants that are actively developing and influencing the market today.
The Candela foundation is hopeful that candela will be a new normal, a standard protocol stack advanced by a commercial network of market participants that benefit from predictability in the functioning marketplace which allows investment in capital cost required to deliver value-added services with much more transparency and assurance that they reach the right market participants for the right reason and results. Candela foundation works with a team of dedicated experts that are committed to rapidly scaling and opening up information and marketplace app and Solar energy matrix device design to create global impacts.
UNIQUE FEATURES OF CANDELA’S MARKETPLACE SOFTWARE.
This is done in order to directly connect the prosumers, commercial producers, and consumers to their community.
1: FLEXIBLE TRADING.
The marketplace is configured to trade energy and enable consumers to source renewables from the local community.
2: POWERFUL METRICS.
The marketplace is analyzed in an easy — to — use portal with consumers and trade analytics, trading dynamics offers subscription and other configurable analytics from prisoners and consumers.
3: PERSONAL ENERGY MANAGEMENT.
This helps prosumers and consumers on a new energy journey starting from valuable energy tools on a branded mobile application to learn about energy profile renewable engagement opportunities.
4: HIGHLY EXTENSIBLE.
Candela marketplace enables securely integration to third party software and energy devices to power the market and streamlines the customer experiences.
5: SIMPLE DEPLOYMENT.
The marketplace is launched within just 3months (90days) with the team of experts who partner with us from design collaboration to test and turn up and ongoing support.
6: SECURE AND SCALABLE.
Candela uses blockchain technology to ensure personal and system data security from the onset and as transaction scales.
CANDELA’S TOKEN ( CLA TOXEN).
This is an ERC20 complaint medium of exchange that is based on blockchain technology used to attract consumers, prosumers, and communities to the marketplace. Candela coin offers a single coin and a single point of entry for buying and selling energy to ensure liquidity and continuity of power. It allows holders to partake in the ground floor phase of decentralized solar energy and a blockchain-based peer to peer energy transfer platform. Candela coin has the motive of creating a seamless single point of transaction for easy buying, selling, and storing of energy.
Embrace the opportunity because the time is now, get power without the power company using candela coin.
CONCLUSION.
As the World transit into a more dynamic and uncertain political, technological, and environmental era dealing with the transition to low carbon emission and highly automated future, there is a need for a decentralized, resilient, participative electric power ecosystem and a more efficient way to manage prosumers and billions of device coming into the electric power ecosystem.
That is why Candela, has taken a step further into a transitive energy application development, creating the path for participation to enable this transitive energy marketplace works, decentralizing the energy industry and solar powers in communities across the globe leading to a lower cost, higher compensation for solar energy prosumers, a reward for solar energy producers and acceleration to global clean energy transmission.
Candela system is designed to promote the most efficient, secure, generation and consumption of energy by using Ethereum blockchain technology to enable and manage the new communication and marketplace layers that are hindering the electricity network of the 21st century thereby unlocking valuable data. Candela platform has made it a duty to create energy resiliency, security, access, decarbonization, and democratization at the lowest cost. Candela coin has removed the need for monopolies and large companies that control the price and supply the power we rely on and putting it back to the hands of the people.
USEFUL LINKS.
Writers Information.
Forum Username: Coronama
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3479142;sa=summary
BSC Wallet Address: 0xd2ca2824441ef8ddDa9bC65700291cb6aB431fc2
