The blockchain networks are making a way out for the transaction process and making it outrageous. Eloncity is the blockchain networking organization that decentralizes the power to the infrastructure for millions of self-sufficient microgrids. This will produce local energy available directly to the competitive utilities for 24/7. By this way, Eloncity is enabling the energy price close to the transparent so that people can use the open technologies for making the electricity virtually free to electrify the world with clean energy. Eloncity makes the technology building blocks enabling the system to a next level by making a cryptocurrency framework.

Rating of Power System

Eloncity centralizes the grids with the utility for using retail system ensuring time-of-use that rates the energy to influence the customer energy consumption into the behavior system. This will rate the existing ToU system generally coarse for lacking in real-time information regarding the location.

This will help to supply the system with the customer demand conditions through the effective optimization energy for demand and supply. It retails with ToU rates that become rudimentary for simple on-peak and off-peak price. The prices are usually determined based on the central planners largely with an approximate future to the supply and demand.

ToU Rating System for Supply and Demand

The ToU rates also apply a uniform of pricing detail for all the consumers within a class throughout the whole service area. It is regardless of the supply and demand in condition at customer sites.

The sophisticated energy system creates a wholesale market like California to rely on the day-ahead of data for the supply and demand system planning. It might result in the existing approach for balancing the energy of supply and demand in a highly inefficient oversized system as well as costly reserved generation capacity so that it can stand to the idlest time.

Additionally, Eloncity Model can be used for the cryptocurrency framework to determine a granular real-time determining the location-based energy prices that optimize the energy for supply and demand into the individual customer level.

Eloncity team

Andy Li - Founder.Also CEO/CTO of Pomcube and former CEO of ChinaCache.Employee of Alibaba in the first datacenter of DC in China (2010). He is the creator of many major Internet networks in the Asia/USA. The first world’s publicly available energy router for home and small medium business.

Justin Wang - Founder.Lead developer of Ican, NetZero. IT-architect, Modular Data Center, Smart3Technology, Sr. ME, Emerson Network Power, Xian, China…

Allen Ding - Founder.Nine years of experience in the design of electronics.Expert in the design of magnetic devices, energy topology, BSME of the University of South China.

Haichuan Zhiang - Founder.More than ten years of experience in technical work in testing systems. The head of the team of the project of cloud energy storage.

Dunping Yao - Founder.Six years of experience in the design of BMS equipment.Researcher at Tsinghua University in the field of charging VRB technology. Master of Science in Automated Technologie from the University of South China.

Gregary Liu - Founder.More than 11 years of work in the field of server architecture, product developer. He studied business administration at the University of Hsinchu.Degree B5 in physics at Technological University of Nanyang.

Peng Xu - Founder.More than 10 years of experience in software development,design and data analysis. Developer of Netzero. Developer of Pomcube web service systems. Developed and supported Foxconn e-commerce website.

Michael Nguyen - Founder. Director of CommunaLife.The inventor who has 17 patents and 4 awards for diligence in technological innovation.7 years of experience in California energy programs and strategies. He worked with the California Energy Commission and the Public Benefit Commision.

Current Inventions

The blockchain technologies and cryptocurrencies are taking necessary steps in order to make the system reasonable to the users. Therefore, it is making a number of recent innovations into the blockchain technology and cryptocurrency engineering to the design that will facilitate the development process of Eloncity energy in exchange to the platform. It will make a combination of high-speed community network with the intelligent hardware, software and crypto utility tokens. This will also exchange the platform in support of an open and secure energy through the exchange towards for becoming efficient in real-time machines to machine energy exchange.

This entire process will be covered with the network of sensors where everything can e detected by the real-time energy generation and consumption. Moreover, the Eloncity model will be using the AI algorithm for predicting the elasticity of local energy supply and demand.

This will determine the fair local energy price by the issuance of real-time market price by the signals of customer-BESS for automatic energy export or import energy based on the customer preferences.
The goal of Eloncity model is to use the real-time equilibrium in pricing the signals to automate the exchanges of local renewable energy among the customer-owned energy assets. This is what makes the system renewable from dispatched loads, energy storage and renewable generations.

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