PRESENTATION

Today I will expand on an extremely new venture, another stage with enormous potential, something exceptional esteemed to change or make changes in the blockchain.

Blockchain is picking up force in this day and age and regardless of all the advantage of the blockchain, there are inadequacies. The current blockchain system accompanies huge computational overhead and low conclusion, arrange models can't deal with billions of interactions that IoT gadget makes each day, Issues of a low measure of exchanges one after another and costly move cost. The current blockchain has been tormented by every one of these issues and greatly requires a change. Hence, FRED intended to address every one of these weaknesses successfully, its answer offers an exceptionally adaptable feature to sort out data got on its system.

REVIEW OF THE PROJECT

The FRED Energy task plans to empower and encourage the far reaching appropriation and generation of option sustainable power source, just as to back different investigations in the advancement of the organization's vitality gadgets. The organization endeavours to turn into the main player in undertakings based on blockchain innovation and went for the utilization of efficient power vitality.

It was propelled without anyone else blockchain back in September 2018 to advance more noteworthy reception and age of elective vitality by buyers and Funding Research into Energy Devices(FRED). The undertaking is anticipating making their objectives a reality by changing to an ERC-20 token on the Ethereum system and holding token deals to think of assets for their future tasks. FRED Energy sure will turn into a key player in environmentally friendly power vitality extends on the blockchain.

PROBLEMS WITH FRED

We as a whole know and comprehend that the utilization of non-sustainable wellsprings of vitality and fuel prompts clear demolition of our condition as well as of our wellbeing. All things considered, their destructive rot items influence our respiratory tract and mucous film, each individual whose life is legitimately identified with the urban condition, gas autos and different ventures where similar substances are found. Without a doubt, this issue is one of the principle in numerous nations and States, since, with the development of the populace, the results of utilization of those non-sustainable power sources additionally increment.

It is conceivable to fathom the present circumstance sooner rather than later. Truly, that truly there to state, its a fathom began at this moment. Consider Elon Musk with his mind blowing thoughts, just as electric vehicles. Assuming prior, individuals some way or another with doubt and misjudging treated his thoughts, presently every self-regarding vehicle concern makes its very own model of an electric vehicle. In this manner, we can watch another pattern toward this path, the activities of which will gradually start to supplant the effectively obsolete gas autos and will go to an all the more naturally agreeable vehicle, both for the earth and for the whole present day society.

FRED SOLUTION

The venture intends to hold hands with electric and sun oriented tuk-tuk providers and purchase a few vehicles to make a brand introduction and boost their utilization through encouraging zero intrigue contract buy, rental terms or buy at close to cost. Every one of the supported vehicles will have the FRED vitality logo for a concurred timeframe and will further advance the task and bring issues to light among the individuals. At first, this undertaking will target Tuk-Tuk cab drivers in traveller territories in Thailand, Vietnam, and China. These zones are ideal for the task as they are endeavouring and moves towards low carbon social orders and keen urban areas.

AIMS AND OBJECTIVE OF FRED

To be perceived as a key player in environmentally friendly power vitality extends on the blockchain.

To turn into a brand related to environmentally friendly power vitality that objectives the necessities of the shopper.

To enter the EV charging station showcase through speciality fragments and augment piece of the overall industry.

To help in the speeding up of elective vitality use and age by the end buyer,

To turn into the primary online commercial centre for elective vitality items tolerating cryptographic money as a method of instalment.

To bring new vitality sparing and age gadgets to the market.

To accomplish ROI on all activities inside a time of a few years.

To raise subsidizing through an IEO to empower the accomplishment of explicitly distinguished business openings.

To boost Electric Vehicles reception in Asia.

To give Electric Vehicle charging stations to specific speciality fragments that are distinguished.

To make an online elective vitality item commercial centre.

To source feasible tasks for Project.

To make long haul organizations which will help with arriving at their objectives.

Favourable circumstances

In this manner, the primary favourable position of FRED ENERGY is its wide field use, just as the regularly developing interest for power plants, with which electric Tuk-Tuk drivers will be capable not exclusively to spare a critical piece of their assets yet additionally to bring down every working expense of their vehicle. Since electric vehicle takes out countless potential breakdowns since the sum total of what he has is a battery that drives the current wheels. It doesn't have each one of those little and pricey parts that are available in an ordinary gas vehicle. This implies electric Tuk-Tuk is useful in all regards. Besides, the undertaking will highlight both business and home EV gadgets, just as assistant battery frameworks, wind turbines and sunlight based upkeep boards.

Conclusively, the fundamental objective of Fred vitality is to turn into a free CPO which will complete research and recognize advancing specialty advertises that are buyer-driven. This specific market of EV charging is rapidly developing, and there is extraordinary potential in it if the correct plan of action is picked. Fred Energy hopes to convey on their tasks inside a year after the part of the arrangement deal.