Eloncity - The fifth project that Krypital partnered with. Here are some reviews of the project whitepaper
AI Grid Foundation of Singapore has been working for years to improve the energy industry. Therefore, Eloncity is the result of their work, the idea of repair. Its essence lies in the global transformation of energy in the transition from centralized power generation to the use of renewable energy sources such as solar and wind power. Consumers in this system adjust their energy costs and the work of that device, which can exchange the amount of energy needed at this time. This platform idea is supported by more than 12,000 subscribers in the cable channel.
What does the Eloncity project solve?
To provide consumers with the power they need, power plants produce more energy than they consume at the moment. This is due to the fact that the centralized system is not capable of reacting immediately with electrical impulses. Most of the time, excess electricity is not being spent and stored, but is paid by consumers with rising tariffs to cover their costs.
It usually happens that the light suddenly turns off in the house, and it is necessary to "wait for the weather to come from the sea" until the repair work is completed and the food is continued. Part of this problem is solved by wind generators, solar cells, gasoline generators. But still, it takes time to restore strength.
The next issue is the regular price increase for kilowatts. The reason for this is the cost of equipment maintenance, increase the capacity "just in case." Between 5 and 7 percent of power lost during power transmission, its stability in frequency and voltage consumes 3 to 5 percent of the system's power.
What is the idea of the ELONCITY project?
.png)
ELONCITY is based on four basic principles:
Using high performance blocking technology, providing open and secure energy transport for consumers, is distributed on demand. The private ECT project token facilitates local exchange and stimulates investments in the storage system. After all, all excess mass of generated energy will be collected in special tanks, and consumed if needed. Transmission over long distances is very difficult and unreliable. Even a strong wind can break high-voltage lines and leave entire cities without light. The decentralized system allows the creation of energy when it is consumed.
Power lines will operate in DC (DC). Therefore, it is possible to clean the switching cycle from AC to DC, as is the case in home appliances. This is a plan, focused on the consumer community. Modern society is needed to introduce energy saving technologies, saving planetary resources. Divide rates by city using electric buses and converters3. Cooperate with financial partners, government agencies and other stakeholders.
Reasonable price for electricity by point of consumption. The innovative system should provide easy access to energy for consumption and investment, in order to provide security and stability to its participants, reasonable tax savings are available for low-income families. .
Advantages of Eloncity
Renewable energy is much safer than fossil-fuel powered generators, which are often the cause of environmental disasters, and the prices of these resources are not in place. Natural gas, of course, is more affordable than gasoline, but there is a risk that they will be poisoned, because of frequent gas leaks. And then you immediately see the obvious advantages of blocking technology. The hierarchy is independent of other power suppliers and can support delivery even in times of disaster. After all, long power lines are vulnerable to weather conditions.
Renewable energy means reducing carbon dioxide and carbon monoxide emissions and other substances that harm the environment. And in the current situation, this society must be repaired or drastically reduced. The decentralized Eloncity system, even during natural disasters, is capable of supplying electricity to consumers continuously. This project is large and large scale. There is a huge job to transform the entire energy industry. Proficiency, knowledge and experience of the creators will be rewarded with a huge result. The whole world will follow the progress of the platform.
Please refer to the Whitepaper video
For More Information Visit :
Official website : https://eloncity.io/
Facebook : https://www.facebook.com/Eloncity-229599404279234/
Twitter : https://twitter.com/Eloncity_io
Linkedin : https://www.linkedin.com/company/eloncity/
Instagram : https://www.instagram.com/eloncity_io/
Reddit : https://www.reddit.com/r/Eloncity/
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
Profile url : https://bitcointalk.org/index.php?action=profile;u=1900976
Identification link: http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000190
To answer questions as well as meet with investors, people love technology Blockchain. Krypto Group has held many events in recent years, such as Korea, China ... and Vietnam.
Very reliable project with a lot of money. This is a interesting Start-up. This Start-up is revolutionary
Really amazing project, thanks for sharing this useful information
good article
Great project! I will be happy about the mutual evaluation of my article, about ELONCITY