A Singapore blockchain startup has launched a fleet of electric vehicles powered by the blockchain with the goal of minimizing carbon emissions . It intends to reward anyone in this initiative and help users continue to extract cryptographic coins while they are in transit.
Cars and climate change
While boats, trains and airplanes contribute significantly to CO2 emissions on a daily basis, other road cars are not left out, while trucks, motorcycles and cars remain the main contributors to these polluting gases in the sector of transport.
In the UK alone, this sector outstrips carbon emissions in the atmosphere with a growing desire to introduce more and more electric vehicles into the streets, just like in other parts of the globe.
To promote eco-friendly efforts, CyClean is taking a step forward to mitigate this scramble by combining cryptocurrency and blockchain software with this electric vehicle. This involves products such as bicycles, solar panels among many others. Once users hire these eco-friendly products, CyClean will go ahead and reward them with cryptocurrency to encourage the initiative.
In addition, the company will receive electric vehicles and products from leading manufacturers. After that, these products can be improved using a modern chip for continuous connectivity to the CyClean server. Once the connection is established, the chip can monitor the meters traveled or the watts consumed by the vehicle user for a proportionate and adequate compensation.
A fixed amount of daily premiums is paid to users. The total gross is divided by the number of registered users who exceed more than one kilometer while traveling in a single day or who produce more than one single watts. As a result, CyClean can give users daily prizes commensurate with remote consumption or wattage.
On a white paper published by CyClean, this business model aims to cover motorcycles and electric bicycles.
However, the company is also not looking forward to bringing electric cars according to plan. Ultimately, the goal is to diversify their motorcycle sales in the Southeast Asian region where there is a large population that uses vehicles.
Actively On The Move
Having successfully completed a recent initial coin offering (ICO), CyClean is up and running. It is about to reveal domestic e-bikes and solar panels to its wide range of products that help exploit the platform's native cryptocurrency, popularly known as the CyClean currency (CCL).
As of August of this year, CyClean has announced that A CCL / USDT trading pair is now officially listed on the global exchange of cryptocurrencies, the HitBTC. According to CoinMarketCap, at the time this piece went to press, CCL remains the highest ICO trading token on the HitBTC platform, right behind the only popular cryptocurrency altcoins.
As society takes serious action to reduce unwanted labels of blockchain and ICO technologies, it continues to leverage the future industrial revolution.
An energy conference was recently organized in Korea, attended by the Korea Blockchain Association, industry figures and prominent government figures. CyClean participates in these events to connect with groups, governments, organizations and other key players to expand its presence beyond South Korea to the rest of the world.
With 13 million new electric vehicles designed to be produced each year until 2021, the hybrid vehicle production is only recovering. Since 2017, International Energy has declared that this production has exceeded 3 million with an expected growth of up to 125 million by 2030.
In addition, China's largest electric bus has signed an agreement with a & # 39 US company recently to provide Blockchain financial services and technology solutions, an effort that seems to be gaining traction for the company's major take-off.