CAREON blockchain platform is developed for interaction between researchers, developers and hybrid vehicle manufactures. Thus making whole world a RESEARCH AND DEVELOPMENT centre for this upcoming technology.
Worlds one of the biggest industry is Automotive industry but with increase in demand it has led to increase in problem. High consumption of non-renewable energy sources with Limited resource (petrol, diesel) etc. Increasing cost of fuel, Pollution, global warming etc.
The hybrid vehicle typically achieves greater fuel economy and lower emissions than conventional internal combustion engine vehicles (ICEVs), resulting in fewer emissions being generated. With low cost of maintenance.
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Research and development of energy-efficient automotive technology is moving forward at a rapid pace.
The global market for hybrid cars, which stood at US$102.88 ban in 2015, is anticipated to touch US$398.90 ban by 2024, rising at a CAGR of 16.50% between 2016 and 2024. The global market for hybrid cars, which stood at US$102.88 ban in 2015, is anticipated to touch US$398.90 ban by 2024, rising at a CAGR of 16.50% between 2016 and 2024.
CAREON chain platform will unit all the research work from throughout the world and provide the best of it to automotive sector manufacturers. It is decentralize network that allows storage of all research work from college projects to scientifically proven research for development of hybrid technology on automotive sector.