Review Candela Coin project
INTRODUCTION
This new way of improving energy using the blockchain technology hasn’t been used before so that makes it very original and of great potential. This new concept is adopted to help solve the challenges that is commonly associated with energy distribution and the factors that have for so long hindered the effective democratization of the sector. The attempt of Candela coin plans to make energy available to all such that everyone is given a role to play in the vast community of energy.
THE CONCEPT OF CANDELA COIN
This project hopes to make a difference by adopting the blockchain to achieve seamless transaction and smooth buying and selling of the new energy type that would be produced. This type of energy is unique in that it can be produced by everyone as long as they have solar panels. So it makes everyone into it a producer of energy and also makes them involved in the distribution of the same energy. The issues of liquidity will be settled in the main energy market as a single token system is used then the great gap in the industry can be filled with Candela solutions. The main goal of this project is to put an end to the monopolized system and introduce a new concept of democratization that will make the whole world population free from the struggles associated with distributing and making use of energy.
THE OPERATIONS OF CANDELA COIN
This project will first do away with the defaulting infrastructures that has caused major setbacks in the industry and in many nations of the world who depend so much on energy produced from power station. It will make them free from all those monopolisted entities and will ensure the use of IoT technology in this new solar energy system to make the energy useful and storable.
The use of IoT ladened hardwares will also make the process easier in that it would provide secure means for all manner of seamless transactions and people’s empowerment. With that, we can say Candela coin is more of an open system that makes everyone who is interested in it able to participate in the community in any way they can while rewarding their contributions and making the market very profitable to all. As it it, everyone would be regarded as contributors and will also use Candela coin as the accepted currency. This would bring about liquidity in the energy market and will add to the features of democratization which is the sole aim of the project. The full power of Decentralization however lies in the features of Candela coin and the token which makes it very acceptable.
CONCLUSION
Energy usage which is very important will make this project accepted by so many and then the potential for its growth will increase rapidly to make those who are its members in position to take further advantage of the concept to make money as they produce and distribute energy in their little way. I urge you to be a participant as quickly as you can, for you to gain from this innovation.
See projects info below;
Website: https://www.candelacoin.com/
Whitepaper: https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf
Telegram: https://t.me/candelacoindiscussion
Twitter: https://twitter.com/candelacoin
Facebook: https://www.facebook.com/Candela-Coin-111118247315246/
Linkedln: https://www.linkedin.com/company/candela-foundation/
Instagram: https://www.instagram.com/candelacoin/
Youtube: https://www.youtube.com/channel/UCE4g5uz2tLyKe5xolPQzMNg
Writer’s Info;
Forum Username: hack_santri
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3413593
BSC Wallet Address: 0xABD2bE3D1f9198b8589e0BbC60efE7C382758e00
