CyClean Uses Crypto Transport to Clear Smog

in #crypto6 years ago

Mofassir Hossain, who heads the marketing department of CyClean, has,
in a recent interview to the Irish Tech News portal, commented on how
CyClean is making forays into the renewable energy space to get rid of
smog and provide a clean crypto transport system powered by
blockchain.

Hossain said that renewable energy, which mostly comes from solar
power, is a crucial component of our collective future as it can
safeguard our environment as well as our health while making sure we
do not miss out on the wonders of modern technology.

Renewable Energy is being increasingly put into use to further
developments in finance, health, social media and a bunch of other
allied industries. In his opinion, the harnessing of renewable energy
for blockchain would open up a series of new doors. Since blockchain
is a relatively new sphere people are taking interest in, the sector
faces substantial issues in terms of raising funds, marketing and
channelise their know-how in a way that is viable in the market.

CyClean, Hossain says, is a project that would aim to overcome the
challenges the blockchain industry faces as a whole and use it to
fashion a rental system for electric automobiles and vehicles which
would use smart contracts. These electric vehicles, in turn, would
reduce toxic emissions and generate (or allow users to mine) CyClean
Coins at a rate depending on the meters or watts. It hopes to
revolutionise the electric car, motorbike and crypto mining industries
by introducing the use of renewable energy.

1Mofassair-Hossain-620x330.jpg

Hossain emphasizes on the fact that CyClean is more than another
addition to the long list of ICOs or Initial Coin Offerings we already
have. With real CyClean products backing the technology, the CyClean
tokens can be used to rent vehicles further.

The company is collaborating with eAutobahn, Smartcity, JPay, DOGU,
etc. and these top organizations together are expected to
revolutionize this space. Most recently, the company has partnered
with one of Hong Kong’s largest bike sharing portals, Ketch’up Bikes,
and notably, CyClean has made the historic decision to buy a 60% share
of Ketch’up Bikes’ holding company IMUSIC with just cryptocurrencies
and not any form of traditional money.

Hossain also said that they decided to conduct an ICO for the company
in order to maximise popularity and exposure beyond Korea and among
the rest of the world, and that they have already made $3 million.
Their ICO will be running till the end of August, 2018, and it hopes
to raise around 50,000 ETH through the sale of tokens alone.

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