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Candela Coin is a cryptocurrency that is decentralizing and democratizing solar energy. Our transactive energy system utilizes blockchain technology, microgrids, and IoT devices so people can buy and sell electricity without using the existing electric grid.
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Our vision is to create truly decentralized solar energy all across the world made up of the people, not the power companies or middlemen. We have created IoT hardware and software for seamless peer-to-peer energy transfer using community microgrids for distribution. By using blockchain technology we enable owners of solar panels to sell their generated energy to other users, bringing in the best returns possible for their solar energy. People across the globe will be able to transfer solar energy to others in their communities using Candela Coin as a medium of exchange. Our decentralized system does not rely on the existing power grid infrastructure. In the event of inclement weather, power outages, or down power lines, decentralized solar power will still be able to be generated and provide electricity to the community.
Candela marketplace enables prosumers and consumers to a unique energy marketplace so all members of the community can trade energy in order to achieve both personal and community energy goals. This is a marketplace designed to directly connect prosumers and consumers to their community.
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Analyze the market with customer and trade analytics, trading dynamics, offer subscriptions, and other configurable analytics from consumers and prosumers in an easy-to-use portal.
Candela's core team brings a diversity of skill sets, ranging from hardware development to utility design, technical standards setting, marketing strategy and policy advocacy, financial product design, and complex trading in derivatives markets, distributed energy computing, peer-to-peer consensus networks, cryptography, and cybersecurity, among other disciplines.
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