ELONCITY - threw a challenge to the global energy industry

ELONCITY - threw a challenge to the global energy industry
It is believed that the development of energy in the planet scale of 21st century will be determined by the complex impact of many economic, natural, scientific, technical and political factors. Estimating the constant growth of energy consumption, based on the anticipated rate of development of world energy, indicates an average annual increase of 2-3% by 2030-2050. In developing countries, this percentage is much larger. This will cause a sharp increase in production, and this factor will entail a strong pollution of the natural environment. Expert opinion indicates the third energy revolution - the use of gas instead of oil.Obviously, people as residents of a green planet do not want its gradual destruction, and this intention, together with new technologies of blockchain, will allow us to develop in this direction.
The main essence of ELONCITY
The abbreviation for this blockchain technology is ECTP. The project platform provides an open, secure and distributed registration of the energy services transaction throughout the verifiable community. This allows Eloncity to create an audit record to track the sources of electricity generation in the community (renewable or fossil fuels). This function makes co-operation of resources more affordable, increases asset utilization and a cost-effective approach to decentralized renewable energy.
The Eloncity Token allows associations and organizations around the world to share energy and shared resources at the local level with access to a single network.
Of course, renewable suppliers of products and services benefit from a more open global market.
Possibilities of economic development of the planet
Eloncity provides greater reliability of power supply. A project with a decentralized energy architecture is capable of anticipating, adapting and accelerating recovery after possible destructive events.
The Eloncity project model is designed to reduce the energy costs of the Eloncity community throughout the useful life of the project.
Increased security is the renewable generation of Eloncity and BESS. They reduce the risks associated with early dependence on backup generators, relying on fossil fuels, which are often unavailable due to force majeure.
Social benefits - an updated micro-grid based on CRM constantly provides clean renewable energy for community nutrition.
A significant reduction in greenhouse gas emissions is the Eloncity project tribute to our nature.
The power system of Eloncity provides the whole society with energy security for adaptation to any climate and natural disasters along with public health, and a reduction in transportation costs.
Company development path
Eloncity's blockchain technology is developing with confidence, considering all the details of this field. Development began in the 4th quarter of 2014 with the prospect of introducing it into real life in 2022.
All traffic on the road map can be divided into three main phases:
In the first phase, in four years, the Foundation cooperated with a coalition of global partners to develop important blockchain technologies for the Eloncity model. This is indicated by the launch of BESS intelligent network systems;
at the second stage, the Fund will cooperate with registration authorities and educational and government institutions. The Eloncity model will have a built-in "Building Block Phase-1" methodology with three building blocks; the “Token Token Protocol” and the encryption utility token. The first test sites will be located at different points of the globe for optimal product testing;
at the third stage, the Fund will focus on the transformation of the mass market in order to introduce the Eloncity model in all target and related niches of the market.
All this is demonstrated by the fundamental stages in the implementation of the project: 1) Overcoming the main barriers; 2) Calibrated and customized solution; 3) Stimulated requirements; 4) Distribution tools.
At its core, the Eloncity foundation will provide technologies; reference design; standardization of methods; the newest tools; tested strategies for equipping suppliers of goods, products and services, communities, representatives of the administrative link; and also financial partners and interested investors.