Draft:Frequency Chain

Submission declined on 17 January 2024 by Sungodtemple (talk).

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Declined by Sungodtemple 4 months ago. Last edited by Sungodtemple 4 months ago. Reviewer: Inform author.

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Comment: Wikipedia is not a reliable source. Sungodtemple (talk • contribs) 15:35, 17 January 2024 (UTC)

Frequency Chain

Frequency Chain is a public blockchain platform purpose-built for the Global Renewable Energy Industry, implementing the decentralized technologies to address the unique challenges within this sector. Launched to the market by 2022, ^[1]Frequency Chain is designed to provide a secure, scalable, and sustainable foundation for the future of renewable energy. FreC (Frequency Renewable Energy Chain) is the native coin of Frequency Chain.

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History

Origins and Founder

Frequency Chain finds its roots in Thai Green Power Solution Company Limited (TGPS), a Thai-based company founded by Murugesan Kandaswamy, commonly referred to as MK. As the parent company, Thai Green Power Solution set the stage for the development of Frequency Chain, with MK at the helm, bringing innovation and sustainability to the global blockchain landscape.

Conceptualization (2017-2021):

The conceptualization of Frequency Chain began to take shape the year 2017. Recognizing the transformative potential of blockchain technology, TGPS formulated a project which specifically cater to the needs of the global renewable energy industry. In 2021, a significant leadership transition occurred with Ponsana David taken the role of CEO, the projects that had been in development were brought to life. From 2021, Frequency Chain focused mainly on implementation and operationalization, both Mk and Ponsana were particular about making Frequency Chain as a DAO in future by which this blockchain can contributed towards the sustainable development goal.

The initial development started by Frequency Chain launching its ERC20 token FreC integrated with^[2] polygon network which is understood from their white paper version 1.

Blockchain for Global Renewable Energy:

As development progressed, Frequency Chain dedicated itself exclusively to the global renewable energy industry. The team curated and fine-tuned the blockchain, ensuring that it was tailor-made to address the intricate demands of the renewable energy sector.

Key Concentrations:

Renewable Energy Focus: The platform is tailored to streamline and enhance processes within the industry, facilitating secure and transparent transactions related to energy production, distribution, and consumption.

Scalability: In recognition of the growing demands of the renewable energy sector, Frequency Chain employs innovative scalability solutions. These include sharding techniques and high-throughput consensus mechanisms, ensuring that the platform can accommodate the increasing complexities of renewable energy transactions.

Sustainability: Acknowledging the environmental impact of blockchain technologies, ^[3] https://icoholder.com/hi/frequency-chain-1033677 Frequency Chain integrates eco-friendly consensus algorithms. This commitment to sustainability aligns with the principles of the renewable energy industry, contributing to a more environmentally conscious blockchain ecosystem.

Consensus Mechanism:

Frequency Chain's unique consensus mechanism is tailored to the needs of the renewable energy sector, providing a robust and secure foundation for transactions related to energy production, trading, and utilization.

Use Cases:

Frequency Chain's applications within the renewable energy industry are diverse. From transparent tracking of energy production and distribution to enabling decentralized energy marketplaces, the platform empowers stakeholders to participate in a more efficient, secure, and sustainable energy ecosystem.

Community and Governance:

A collaborative and engaged community is vital in shaping the future of Frequency Chain in the renewable energy space. The platform encourages active participation from industry experts, developers, and users to contribute to its governance, fostering an inclusive environment for decision-making and innovation.

Partnerships and Collaborations:

Frequency Chain has strategically aligned itself with key players in the renewable energy sector to explore synergies and unlock new possibilities. Through these partnerships, the platform aims to facilitate the integration of blockchain technology into existing renewable energy infrastructure, driving efficiency and transparency.

Future Roadmap:

As Frequency Chain continues to evolve, the roadmap includes ongoing research and development initiatives focused on enhancing its capabilities within the renewable energy domain. Future updates will prioritize features that further streamline processes, improve security, and contribute to the overall sustainability of the renewable energy ecosystem.

References[edit]

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^ Reference 1
^ Reference 2
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https://www.frequencychain.org/ https://en.wikipedia.org/wiki/Polygon_(blockchain) https://icoholder.com/hi/frequency-chain-1033677

[1] Reference 1

[2] Reference 2

[3] Reference 3

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