RASELMHAMUD
2 min readApr 2, 2023

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Ditch The Grid With Candela Coin
Candela Coin is a cryptocurrency that is decentralizing and democratizing solar energy. Our transactive energy system utilizes blockchain technology, microgrids, and IoT devices so people can buy and sell electricity without using the existing electric grid.

What is the Candela Coin Project?
Our vision is to create truly decentralized solar energy all across the world made up of the people, not the power companies or middlemen. We have created IoT hardware and software for seamless peer-to-peer energy transfer using community microgrids for distribution. By using blockchain technology we enable owners of solar panels to sell their generated energy to other users, bringing in the best returns possible for their solar energy. People across the globe will be able to transfer solar energy to others in their communities using Candela Coin as a medium of exchange. Our decentralized system does not rely on the existing power grid infrastructure. In the event of inclement weather, power outages, or down power lines, decentralized solar power will still be able to be generated and provide electricity to the community.

A Token with Real Utility

Candela Coin Ecosystem
Candela Peer-To-Peer Trading And Marketplace
Candela marketplace enables prosumers and consumers to a unique energy marketplace so all members of the community can trade energy in order to achieve both personal and community energy goals. This is a marketplace designed to directly connect prosumers and consumers to their community. Our P2P solar energy marketplace aggregates bid and ask prices set by the users.
As for the technical side, Candela has developed an IoT device/smart meter that functions as a distributed computing node and an asset control switch. This device permits the designation of certain kWh units of locally produced energy to be marked and offered for consumption by adjacent local participants using the same component. The transaction is “cleared” within this system between the meters through machine-to-machine management and the app/web interface management of distributed ledger entries.

Candela Coin Mission
Our mission is to create truly decentralized solar energy all across the world made up of the people, not the power companies or middlemen. We want cities and communities all over the world to be self sustainable and have their own independent microgrids. This will not only help the environment, but will also help the solar panel owners have a better revenue stream than net metering provides.

Candela Coin FAQ



What is Candela Coin?

Candela Coin is a cryptocurrency that is decentralizing and democratizing solar energy. Our peer to peer energy system utilizes blockchain technology, microgrids, and IoT devices so people can buy and sell electricity without using the existing electric grid.



What is the total token supply?

The total token supply is 250 million. It is on BSC (Binance Smart Chain).



What is the contract address?

0xFa86225e0c7f51c30f0C3647bfd2B266c3e3B6F6



How do the Microgrids work?

Please read this article for a detailed explanation on how microgrids work. https://www.nokia.com/thought-leadership/real-action/green-local-energy/#form-popup-marketo



Where is the Candela roadmap?

Our roadmap is located in our white paper. Here is a link to our white paper: https://bit.ly/CandelaWhitePaper



How is electricity transferred between households in the microgrid?

The actually transfer of energy is done through tri-cables. You can read more here: https://www.nokia.com/thought-leadership/real-action/green-local-energy/#form-popup-marketo



How does the Candela IoT device work?

The IoT device/smart meter functions as a distributed computing node and an asset control switch. This device permits the designation of certain kWh units of locally produced energy to be marked and offered for consumption by adjacent local participants using the same component. The transaction is “cleared” within this system between the meters through machine-to-machine management and the app/web interface management of distributed ledger entries.




ALL SOSCAL MEDIA LINK

Web link:https://www.candelacoin.io/

Twitter link:https://twitter.com/candelacoin

Telegram link:https://t.me/candeladiscussion

Discord link:https://discord.com/invite/RNdN5CWAaM

Youtube link:https://www.youtube.com/@CandelaCoinCLA
Inistgram link:https://www.instagram.com/candelacoin





#PROOF OF REGISTRATION
Forum Username: Rasel29@#
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=3471721
Telegram Username: @Raselkhan2963
Participated Campaigns: Twitter. Telegram. Aritical
BEF -20 Wallate Address : 0x5E71D25548720062e19d95dA11e5CE6eC7Cad093

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