Please describe your proposed solution.
the solution is to establish a platfom on the cardano blockchain, linking the numerous potential buyers of the in-demand energy saving card with Donking energy saver Ltd. interested buyers who wish to purchase these energy saving cards will be listed on the platform as well as the agents or the distributors from the company of Donking energy saver ltd.
when the blockchain is used in the process of the purchase of this product, potential buyers will have the opportunity to do so at discounted prices ranging from 30% to 50% depending on the amount of Ada one has in his/her wallet.
it also provides the company with numerous potential buyers and helping their marketing strategies a lot of the citizens will also be able to have these cards to solve the problem oh higher leakages of electricity in their wiring system which will subsequently lead to lower electricity tariffs.
the forseeable potential impact of this product is that, in the long run, a higher number of population whom cost of the product was a barrier will be able to afford ths product. which will be dependent on they joining the cardano ecosystem and expanding our operation in Africa subsequently.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
the challenge is that, almost 90% of the citizens are paying too much electricity tarrifs which is as a result of excess leakages in their wiring systems. fortunately there is a tried and tested product from Donking Energy saver ltd which has the ability to generate vibrational waves that regulate the flow of currents and sealing all those leakages in the wiring systems. but due to the price which is 200cedis its a problem for most of them, so we are creating a platform which will be used to enlist those buyers and the agents of these products, such that members on the platform can buy at discounted prices.
the electricity saver card which was brne out of germany nanotechnology, was one of the few innovation to help sustainable use of energy by diffrent countries that attended the green growth agena in 2013. which was aimed at expanding economies of participating countries through sustainable use of energy and the protection of climate.
this card contains negative ions and FIR, which has the ability to generate vibrational wave that regulates the flow of current in the wiring systems of homes and offices, thus sealing all the leakages of electricity which is lost but not used. this card has been tested and certified by the energy commission of the country and approved to be sold by the Ghana standard Authority of which all documents have been attached. the ordinary citizen enjoys the following benefit from this card
- reduction in monthly electricity tarriffs by 30% to 40%
- enjoys all this for a period of 5years.
- protection from harmful electromagnetic radiations from electrical appliances.
- increasing the lifespan of electrical appliances
- helps support the country's pledge on the Green Growth Agenda
for the government:
- sustainable use of the countrys most reliable resource.
- reducing wastages
- reduce government spending on higher electricity tarrifs
- supports the government pledge for the Green Growth Agenda
for the company(Donking energy saver Ltd)
- access to numerous potential buyers who could not afford due to high price
- reduction of marketing cost for company since it will receive support from the cardano ecosytem.
- easier to trace almost all payments and sales made by their agents
for Cardano:
- exposed to new markets
- adoption of Ada will be increased in Africa since the discounte received on the puchase of the products by buyers will be dependent on having Ada in your wallet.
- cardano introduction to numerous potential buyers on the platform
- the humanitarian nature of the cardano will be brought to light since a huge awareness will be created.
- Donking staffs and agents will also be on the platform
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
in a s much a s this idea sounds very great and interesting to the cardano ecosystem, it is however likely to receive to face some challenges.
- the populace may doubt the reality of the opportunity at hand since they have little knowledge in blockchain
- bigger institutions may find it difficult to buy into the idea due to bureaucratic nature of taking decisions i such environments.
in the light of these challenges the willingness expressed by Donking Energy Saver Ltd to enter into partnership with the cardano ecosystem due to the benefits they are likely to obtain, As well as the serious the capability of this team to educate and market this strategy well these challenges will be overcome.