SOLAREX

Februari 25, 2019

Over the past two decades, global energy demand has created a huge market, which has led the world's nations to generate more energy to provide their infrastructural developments and create favorable economic growth. The technology of solar energy has gained global recognition and, in the end, has become the main engine in the energy market of developed countries, deploying its potential in increasing their targets. The emergence of Blockchain technology can accelerate the penetration of the solar energy industry into the global energy industry. The idea of a combination of Blockchain and Solar Technology very relevant at the present time. Technology allows us to conduct business operations efficiently, safely, openly and fairly, to build a network of reliable business partners and create welfare in the country.The same should apply to most developing or developed countries.

What is Solarex?

Solarex is a platform that provides cheap, efficient and constant energy!
The team will continuously invent and explore new options that can help the energy market by providing additional services to our valued customers within the companies that need energy.

Only the issue of raising funds and attracting energy consumers to the Solarex project remains open to realize our plans for the energy market. The idea is to expand the ability to extract and consume energy in a structured way in the coming years, which will have a positive impact on the entire continent (Africa, because the project plans to start its activities from this continent).

What Solarex Project Want to Solve ?

- Lack of electricity in remote locations.

- Lack of security and reliability.

- Lack of transparency and security in energy operations.

- Ecological and public health; The main dangers of polluting energy sources.

- Adaptability and stability.

- Invalid energy cost.

- Loss of energy in the centralized grid during transmission.

- Barriers to entry for both the manufacturer and the consumer (for example, costs of financing and installation).

One and a half billion people around the world do not yet have access to electricity. And 3 billion rely on biomass for cooking. Africa ranks first among all continents at low levels of access to electricity. Indoor air pollution from carbon monoxide in open ovens is the leading cause of mortality in developing countries ahead of malaria and tuberculosis.

Blockchain and smart contract

Integration with blockchain technology allows the ecosystem to execute transactions and read data in a distributed system. This provides a transparent, secure and accurate accounting of transactions and energy data. The use of intelligent contracts and blockade will directly and automatically control the flow of data and energy accumulation in the Solarex ecosystem. Using a smart contract will also provide a balance of activities in the ecosystem. Solarex introduces blockchain technology that completely eliminates fraudulent activities in the ecosystem.

Specification of the SRX token