Candela Coin - Decentralized Solar Energy And A Peer-To-Peer Energy Transfer Platform

Washington, D.C, Jul 17, 2020 (Issuewire.com) - Candela Coin is a token that allows holders to take part in the ground floor phase of decentralized solar energy and a blockchain based peer-to-peer energy transfer platform. People across the globe will be able to transfer solar energy to others in their communities using candela coin as a medium of exchange.

Blockchain based peer-to-peer transfer allows users to buy, sell, or store solar power allowing energy to be more accessible and sustainable for the world. Our vision is to decentralize and democratize the consumption, transfer, and production of solar energy. With Candela coin, we remove the need for large monopolies and power companies that control the price and supply of the power we rely on, putting the power back in the hands of we the people.

The age of transactive energy in the sharing economy is upon us, and its wide spread
adoption depends on a secure and robust means for rewarding participation. Digitization
is coming to the energy industry as many key network, sensor, computing, and
communication technologies make it possible to drive decentralization of the electric grid
and energy market. Tokenization will play a vital role in securely exchanging grid edge data
between users and devices, safely opening up the electric power market to broad
participation and two-way power flow. Peer-to-peer exchange of energy is upon us!

The concept of utilizing blockchain to decentralize power and energy is a new but not
novel concept. However, there have only been a handful of attempts in the past to even
begin to take the depth of the challenge presented to us with the goal of
democratization and decentralization of energy for all. So what makes Candela coin
different? Candela coin's goal is to create a seamless single point of transaction for easy
buying, selling, and storing energy. Past attempts have been unable to bridge the gap
with some offering secondary markets, lack of liquidity, multi-token systems, or even
inviting large corporate entities to invade the technology.

Candela coin's goal is to truly democratize and decentralize energy for all so that the
world is no longer dependant on large monopolies and corporations for their energy.
We aim to do this by removing the current infrastructure that keeps our nations tied to
these corporations and entities. We are offering innovative IoT hardware that enables
users to receive and store energy, while at the same time giving them a single point of
seamless transaction to buy and sell energy. We are truly aiming to empower the
people.

Candela's open-source ecosystem allows users to participate in every way possible.
Everybody is a contributor. Candela coin is unique in that it allows users who aren't
prosumers to add liquidity to the energy market. By doing this we believe that we can
truly democratize and decentralize energy. Ditch the grid with Candela coin!