Utility bills are the most dreaded word in anyone's life, not because we do not have the will to pay, but we don't have the will to queue for hours. Utility bill payment is an affair we are all familiar with. Be it for water, or for electricity, we are aware of each one of them. The list is endless, as do the problems associated with them. People spend hours in the queue to pay their utility bills. Despite such a large-scale adoption of the internet and mobile in the world, the grim reality is starkly different. People are fed up with the bureaucracy and its unexplainable ways to harass the consumers.
The acts of harassment create fear in the men watching the episode. Digital tools seem to accommodate the changes in the surrounding and the people. Telecom, Natural Gas, electricity, and water represent trillion dollars of industry in market value, and if the market is captured by an application, then it will be a huge win. The opportunities are immense, as do the challenges in the sector.
The various challenges in the industry are following; huge gap between the promised services and delivered service, poor customer service, fragmented industry, lack of a common platform and no rewards mechanism. There is a need for the innovative application which can tackle all these challenges for the industry.
About Treon
Treon (TXO) is a "utility sign" based on Ethereum block chain that securely and seamlessly assists consumers for their use of utilities such as telecommunications, electricity, water, natural gas through mobile wallets and applications, connected to utilities, which they subscribe to, via combined dashboards which allows new utility ecosystems through blockchain. An ecosystem that exceeds $ 2 trillion in annual budget spending alone. Treon is designed for consumers and service providers. The Treon Wallet app allows consumers to manage and pay for their utility usage. Treon also allows unlimited agreement execution among different providers. Treon wants to be a strong catalyst for both companies that drive digital transformation: business-to-consumer and business-to-business.
Solutions offered
TREON is the solution to pay all the bills of electricity using cryptocurrency based technology blockchain. The process and bill payment will be easy and easy from one place. Smart contracts are used to build relationships between different service providers and users. E-Wallet is provided on platforms for storage and payment for various services. The mobile wallet will be safe and transparent using blockchain technology. Different service providers and users use the TXO token on the platform for payment. https://play.google.com/store/apps/details?id=com.appzoom.treonutilities Transaction fees, sales commissions, and token sales are three different types of revenue streams available to the team. The platform offers users a variety of ways to pay utility bills, such as the use of mobile wallets, one-click payments, preferred providers, and refilling fees. Gifts and loyalty programs on the platform encourage users to engage in various activities and maintain long-term relationships with providers. Utilities on the platform can save costs and reward users for their loyalty.
Token Information
Token
TXO
Price
1 TXO = 0.11 USD
Bonus
Available
Bounty
Available
MVP/Prototype
Available
Platform
Ethereum
Accepting
BTC, ETH
Soft cap
4,000,000 USD
Hard cap
25,000,000 USD
Country
Estonia
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA
One billion TXO tokens are issued by teams in which 43% of tokens are reserved for the sale of the crowd. Token sales are currently available on the platform until July 17, 2018. 60% of the funds are spent on technology development, while 25% of the funds are spent on marketing. The team is working on blockchain technology and product development.
Conclusion
Coordination between utilities and consumers is made stronger and more transparent on the platform. Establishing customers and providing incentives to perform various tasks on the platform results in a trust relationship between utilities and consumers. Telecom operators, power companies, and gas companies will be happy to join the only platform where they can find their customers and provide their services uninterrupted. An intelligent contract agreement between various stakeholders of the utility company will reduce friction and the time it takes to provide services to shorten the consumer. In the cryptocurrency landscape there are many challenges that will be the decisive factor for application growth. One of the biggest challenges is the volatility of crypto currency. As the market for cryptocurrency is still in its early stages, we will see in the coming years, the next stage matures. We will see a new future in the coming years.
Website: https://www.treon.io/
Published By : bheem0
bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1130931
bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1130931