CAREONCHAIN (A DECENTRALIZED VEHICLE PLATFORM)

iamadebolaji (9)in #ico • 6 years ago

Hybrid cars are the most popular auto green options. The purpose of hybrid cars is to offer a cutting-edge and practical solution to contemporary drivers and gas-electric hybrid cars are the most popular options. Some models produce as much as 90% less toxic gases than conventional, non-hybrid vehicles.

Hybrid cars are becoming more popular and more common. Basically, a hybrid car is one that uses two or more engines i.e. an electric motor and a conventional engine (either petrol or diesel). The electric engine powers the car at lower speeds and gas engine powers it at higher speeds. A hybrid car like Toyota Prius and Civic Hybrid not only conserves fuel but also produce less CO2 emissions. Though hybrid vehicles are now growing in popularity but still few people are actually using it mainly due to lack of knowledge of how hybrid vehicles work and whether they’re as good as other gasoline powered vehicles.

ADVANTAGES OF A HYBRID CAR

Environmentally Friendly: One of the biggest advantage of hybrid car over gasoline powered car is that It runs cleaner and has better gas mileage which makes it environmentally friendly. A hybrid vehicle runs on twin powered engine (gasoline engine and electric motor) that cuts fuel consumption and conserves energy.
Financial Benefits: Hybrid cars are supported by many credits and incentives that help to make them affordable. Lower annual tax bills and exemption from congestion charges comes in the form of less amount of money spent on the fuel.
Less Dependence on Fossil Fuels: A Hybrid car is much cleaner and requires less fuel to run which means less emissions and less dependence on fossil fuels. This in turn also helps to reduce the price of gasoline in domestic market.
Regenerative Braking System: Each time you apply brake while driving a hybrid vehicle helps you to recharge your battery a little.
Built From Light Materials: Hybrid vehicles are made up of lighter a material which means less energy is required to run. The engine is also smaller and lighter which also save much energy
It helps you to control your budget as gas prices continue to get higher.

REO TOKEN

REO tokens are classified as utility tokens. Participants in the Careon chain Network that wish to trade and use all its features will need to hold REO token. REO token has a economy that is market neutral and, unlike other exchanges and principal market making brokers, is primarily based on transactional volume vs. “risk taking”.

HOW REO TOKEN WILL WORK

CAREONCHAIN only motive is to provide Research & Development platform for making innovation in hybrid car Technology through A unique hybrid blockchain network. Thereby collecting all the related Research work from a ground level to high level which is being done In most of the Lab Around the world.