ENERGY ECOSYSTEM BASED ON BLOCKCHAIN
Wat sup guys, I have something great to share to you today thus, electricity has now been made better. Today I will be talking about the energy industry, the major challenges they face and the solution.
The energy industry is totally based on industries that are involved in the production of fuel extraction, the sale of energy, refining, manufacturing, and distribution. It has gained popularity over the past decades and the industry plays a crucial role in our modern society and countries. So this industry comprises many sectors. They may include;
o The petroleum industry that includes petroleum refiners, oil companies, major gas stations, and fuel transport and so on.
o The gas industry may include coal gas manufacture, natural gas extraction, sales and distribution and more.
o The electrical power industry may include electric power distribution, electricity generation, and sales.
o The coal industry
o The renewable energy industry may include sustainable energy companies, hydroelectric power, solar power generation, wind power, alternative energy, sales, distribution and manufacture of alternative fuel.
o The traditional energy industry that is actually based on the distribution and collection of firewood that is used for cooking, heating and is particularly used in poorer countries.
Majorly, the use of energy is keen in developing human society through adapting and control of the environment. However, the industry through the development of energy resources has become very important for transportation, agriculture, communications, information technology (IT) and waste collection all have become a means of development in our society.
So I will be talking about the challenges the industry faces.
o The issue of some mount uncertainty that makes the industry complicated during financial activities of the major investments that are all required in the development of massive conventional, gas projects and deep sea oil. Besides, the uncertainties can come from the effect of shale gas production and the supply side of tight oil. You find out they will be a very quick fall in the price of energy from major renewable sources.
o Geopolitical landscape one of the main challenges. You find out they are new sources of energy that are been shortsighted thus due to geopolitical landscape trends. Why not use oil for petrochemicals that don’t actually harm the planet but no they are burning it for transport or electricity.
So if you may ask what is the current solution for this industry I present to you ETAINPOWER?
Etainpower is an energy ecosystem based on blockchain that is actually powered by Artificial Intelligence (AI) that want to reform the known, used traditional centralized energy system by connecting investors, renewable energy producers, purchasers, and power framework operators to it unique ecosystem. It aims to solve the difficulty in renewing energy, using top technologies and AI the platform will be working in a top class level eventually. We also found out that they are problems that stand the way of renewable energy that what the platform is after to solve all the problems.
The platform has many technological kinds of stuff to stick with the platform. They are energy tokens, through the platform connections can be fully established by energy producers and global investors. The platform finances the process for renewable energy besides, they don’t need to spend time looking for investors. Their project may include; a must sign an agreement, a purchase agreement (PPA) that utilizes power all are listed in the platform, strict bases before you can list a project that will be financed and a renewable energy that will be fully authorized so the project can be managed in the platform and transparency.
Blockchain in the platform serves as a place where trust can be built by investors when the financing processes on the platform. Token financing is also a big detail and would be sold publicly, all the process will be clear. Transactions are monitored in real-life records in the platform to ensure better control while raising capital. The platform features two token, the platform main token, and the energy token.
Both tokens are used in the platform but the platform main platform can only be acquired through exchanging the energy token from a renewable financing energy project or through the basic offering. The energy platform can be used to purchase other cryptocurrency or fiat currencies just for an extra fee. Features a p2p power trading also.
Finally, I would say that this is the moment you have been waiting for. Etainpower has given a chance to all, you can be a part of it from anywhere.
For more details, visit the links below. Thanks.
BitcoinTalk Username: kelvinkent
https://etainpower.io/
https://etainpower.io/resource/EtainPowerWhitePaper.pdf
https://bitcointalk.org/index.php?topic=5036393.0
https://t.me/etainpower_en
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436