World’s first blockchain renewable energy
Cryptosolartech introduces world’s first blockchain renewable energy. This project sets up the world’s first cryptocurrency mining. This is a Spanish company leaded by Pablo Alonso and Alain Aguirre. It is a digital asset which holds the ownership of a cryptocurrency mining farm. The so-called farm is going to be set up in Malaga in an industrial warehouse. This farm is based on photovoltaic plant. They use blockchain of Ethereum as a management tool. The digital assets will be shared corresponding to digital tokens which make the company the sole owner of all assets. The reason for the establishment of Cryptosolartech is the consumption of energy. Mining requires heavy electricity supply. So it becomes a real waste. And the electricity supply is becoming more and less. With the development of the world our needs are high. So, Cryptosolartech is going to cope up with this problem. With the development of Cryptosolartech they create energy source for mining farm to make mining more profitable and environmental friendly. All other companies like KYC, Cryptfunder, Viva, and Egretia etc use blockchain technology for a fair, secure, and transparent process. Just like that in this project blockchain will provide secure, fair and transparent data supply for miners.
CST Tokens
Cryptosolartech is an ICO project. Anyone can participate in the event from any part of the world by obtaining CST Tokens from tokens sale platform. The Cryptosolartech crew will issue 1.260 million CST Tokens. These tokens will be made using the Ethereum technology. Those who obtain these tokens will be profited from a company when company profit after they sell energy the token holders will be profited too. Thus, the profits will go to the wallets of the token holders via smart contracts. The investors are allowed to pay using ETH, BTC, LTC fiat currencies.
Advantages
• Fair, secure and transparent
• The direct transaction method
There is no need for third-party intervention while paying. Therefore, the extra is less. This supplies easy cost-free transaction. This direct transaction is much quicker than waiting in banks for days.
• User control aspect of a blockchain
The users and developers are allowed to run the network
• Transparent control of data
The information and transaction can also be controlled by users
• High-quality blockchain
The complete, consistent, timely, accurate and widely available high-quality data
• Ability to stand malicious attacks
• Transparency and immutability
• One simple ledger
This removes complicated multiple ledgers
CST Smart Contract Guarantees
• Transparency
The users hold more than one token sometimes. Instead of making it private Cryptosolartech crew make the number of tokens held by one person public. Not only that but also the transfer information is public and can be viewed even going back in time
• Ownership
A token can be obtained only by one person. It cannot be shared. Also, a token holder means an Ethereum user and contract. If a token is to be transferred to another user the command should be given by the token holder. Another user can never interfere in such business.
• Token supply
Only one user, the contract owner can issue tokens
• Contract management
A contract owner is allowed to transfer the ownership to another Ethereum user or contract. The contract owner has the authority to stop or resume transfers between token holders.
• Other
Only gas cost spent on the transactions can be recovered. An error call can never be recovered.
Energy is a power source. It is not only used in mining but also in different other ways. However, the importance of energy is highly increasing. The development and the population increases. With that more and more power sources are needed. The mining is an energy consumption project. It is environmentally harmful too. By this new technology-based blockchain mining becomes less energy consume project. The high electricity consumption is addressed. And Cryptosolartech will solve this issue by saving![]
You can find more details from following links
website:https://cryptosolartech.org/en/
whitepaper:https://cryptosolartech.org/doc/cryptosolartech-whitepaper-en.pdf
ETH address:0x07ECCEC05C934b9C705f8867F540bF7019FF9A1E
Good explanation about the project seems to be a great project for saving energy. A project like this must need to the whole world. This project will succes near future.