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Cyclean Launches Blockchain Enabled Electric Vehicles With Cryptocurrency Mining Capabilities

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A Singapore-based blockchain startup, Cyclean is launching a fleet of blockchain-powered electric vehicles that mine crypto when the users are traveling in them. The primary intention of the company is to counter carbon emissions and to reward people for aiding in doing so.

The CO2 emissions of planes, trains, and boats, road vehicles are the largest contributors of CO2 emissions in the transport sector. CyClean intends to fight the problem by merging blockchain and cryptocurrency software with electric-powered vehicles and other products, such as bicycles and solar panels. The company will also permit its customers to rent these energy-efficient products and be rewarded with cryptocurrency.

The CyClean team announced in August that a CCL/USDT trading pair is now listed on HitBTC

As reported by CyClean, it is an operating business that has recently concluded its ICO and is preparing to launch an e-bike and domestic solar panels, adding to their range of products that mine the CyClean Coin (CCL), platform's native cryptocurrency. The CyClean team announced in August that a CCL/USDT trading pair is now listed on HitBTC. As per CoinMarketCap, CCL is the highest trading ICO token on HitBTC, after the established cryptocurrencies and altcoins, at the time of reporting.

CyClean's strategic planner Joseph Nam spoke with others regarding the past, present, and future of technology at a recent blockchain conference in Seoul. The discourse included ICO laws, regulations, and how significant blockchain will be in the approaching Fourth Industrial Revolution. The conference was attended by the president of the Korea Blockchain Association, former education ministers in Korea, and other prominent government and industry figures. The startup is trying to manifest substantial connections with governments, groups and other organizations in order to expand its presence beyond South Korea to other parts of the world.

The vogue of hybrid vehicles is on the rise. According to estimations by a recent research, around 13 million new electric vehicles are going to be produced every year until 2021.

The vogue of hybrid vehicles is on the rise. According to estimations by a recent research, around 13 million new electric vehicles are going to be produced every year until 2021. Moreover, as per the 2017 report of International Energy, the number of electric cars in circulation had transcended 3 million globally and is anticipated to touch 125 million by 2030.
Blockchain technology solutions coupled with hybrid and electric vehicles have started to flourish. A little while back, an important deal was struck between a United States-based company and China's largest electric bus operator for providing financial services.
Another blockchain company began testing a peer-to-peer electric vehicle charger marketplace, last year. The marketplace allows customers to charge their cars by utilizing another person's power outlet.

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