APOLLOCHAIN : Blockchain 3.0 New Energy Era Technology
The three-tier ecosystem includes the use of intelligent contracts for direct interaction between the parties. This helps to prevent the centralization of individual participants, which, in turn, leads to more efficient and inexpensive transportation of energy capacity for all parties involved. Suppliers get savings on financial expenses, and consumers lower prices for products. The decentralized power system solves the problem of power loss when it is transmitted over long distances, and also quickly eliminates possible power cuts. The use of innovative Apollochain meters will allow families to use energy more efficiently and save the family budget. In addition to all, having now the opportunity to choose the preferred source of electricity, most consumers, of course, will choose more environmentally friendly sources.
Since the industrial revolution in the energy industry, little has changed. Coal, oil, natural gas and other combustible materials are often processed and burned near the source of their extraction. Over time, more and more energy companies. The population of the planet has increased, and energy sources were located far from human settlements.
This approach has many problems, even without taking into account the use of fossil fuels, and is currently undergoing major changes. Renewable energy sources, such as solar energy, wind and others, are increasingly used in the process of creating energy reserves.
One study shows that such sources of generation are becoming increasingly affordable, which allows consumers to exclude transportation costs from their financial indicators for transmitting energy over long distances. It also opens up opportunities for consumers to directly acquire energy, bypassing middlemen and agents. Deregulation plays a key role because it allows customers to choose an energy supplier.
The Apollochain team is boldly looking to the future when renewable energy traded in deregulated markets becomes the only source of electricity, and in order to realize this goal, it develops and promotes its platform so that any client can take advantage of it.
In accordance with the concept of the project to achieve these goals, two tasks are needed:
Reduce costs for electricity producers
Reduce the price of electricity for the consumer
The vision of the creators of Apollochain is to allow people to play a certain role in all aspects of the production and consumption of electricity. This is a new intelligent ecosystem based on Blockchain technology, which minimizes power losses during its transmission over long distances, increases the efficiency of energy distribution and provides users with uninterrupted power supply. Ultimately, all these aspects will lead to a change in the trend towards the use of traditional energy sources and will push the entire energy sector of the economy to switch to renewable resources.
What is the value of Apollonchain?
The developers of the Apollochain project are aware of the existence of a real problem and have a worthy solution for which they are ready to spend their energy. The team considers the problems arising in the process of work, and promptly proposes their solution.
As a result, the Apollochain project gives people the opportunity to enter the clean energy market - from investments in production, to transport, trade and consumption, which allows them to receive their share of profits from a developing industry.
Advantages of the project:
- Users get a complete picture of their energy costs thanks to smart meters.
- Users can create their own production system and sell energy to other users of the platform.
- Users can set up an automatic payment system.
- Users can participate in collective generation of capacity and receive income from this.
Hello to all! Today we will be considering a new project called ApolloChain. This project offers us a new era in energy. Let's start!
ApolloChain is a platform for energy trading using blockchain technology.
This project provides electricity trading in real time through one of three main approaches:
matchmaking trade-off, time-sharing collective trade-off, and auction.
ApolloChain includes financing electricity to consumers as well: the owner of a power plant can receive financing through ApolloChain before the completion of construction work
ApolloChain also offers a pre-sale of electricity: a power plant can sign a pre-sale contract with a specific consumer of electricity and freeze the corresponding electricity generated during a certain period of time, and then direct it to the consumer in due time. This approach allows power plants to collect utility bills in advance in order to increase liquidity financing and avoid losing transactions due to fluctuations in electricity consumption.
Road map
Apollochain has its Apollo Coin token (APL) as electronic proof of transaction electricity. Its amount in circulation has a certain ratio to the amount of electricity that is available for trading.
100,000,000 APL tokens were created, and the total number of tokens will be distributed as follows:
Apollochain has a technological scenario that contains 3 levels: application service level, platform component layer and Apollo basic platform.
In particular, the underlying platform offers basic blockchain functions for servicing top-level applications, but also takes into account their portability to adapt to the rapidly evolving blockchain technology.
The middle tier with platform components creates a service platform that provides accessible service components. The earliest integration includes a digital register, a digital asset, a certification service, etc. It ensures the operation of the top level in the energy industry.
The upper level is the level of energy service, offering convenient, reliable, fun and convenient blockchain applications for retail properties and end users.
Apollochain is developing its own end-user APP, it can be used for daily energy exchange and trade, while on the Apollochain network.
Team
The core team has significant experience in the energy and block market.
Conclusion
This project looks very interesting and ambitious. In particular, their idea is to pre-sell electricity, as well as a mobile application. In the future, the demand for electricity will grow. I want to wish good luck to the development team!
Website: http://www.apollochain.io/
Telegram: https://t.me/apollochaingroup
Business white paper: https://goo.gl/fwVWdR
White technical paper: https://goo.gl/Y9he6h
ANN Thread: https://bitcointalk.org/index.php?topic=3396297.20
Bounty Thread: https://bitcointalk.org/index.php?topic=3396322.0
Medium: https://medium.com/@apollochain
Reddit: https://www.reddit.com/user/apollochain
Twitter: https://twitter.com/apollochain
Facebook: https://www.facebook.com/apollochain/
Instagram: https://www.instagram.com/aplchain_official/
Github: https://github.com/ApolloChain/apollochain.io
AUTHOR:Gambangcity
BITCOINTALK:https://bitcointalk.org/index.php?action=profile;u=1855982
ETH:0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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