According to certified researches, the utilities market is valued at $5 trillion. Treon seeks to revolutionize this enormous market via the blockchain technology. The sole purpose of this platform is to ensure that 1.6 households from different part of the world enjoy a transparent, low –cost, and simplified payment system. It also takes into consideration the 3.8 billion unbanked mobile users. Regardless of your location, it is always an exhausting and frustrating experience paying for your utility bills. This is characterized by missed due dates, sophisticated payment systems, and other complications. With Treon, several consumers from different part of the world will be able to manage, see, and make their utilities payment through a simplified and computerized dashboard. Treon put all the bills together in a single place. No more missed payments or lost bills.
Treon seeks to bring together numerous utility providers from different parts of the world into one simple and secure blockchain solution. This implies that you will manage and pay for all your utility bills with the use of one single app embedded with a wallet that is linked to the Treon bill settlement blockchain in partnership with your utility companies. Treon comes with its personalized Ethereum-designed digital currency commonly known as the tokens (TXO). It is quite easy to buy the TXO using the Ethereum, Bitcoin, or cash through the wallet available on the Treon App.
Asides from using Treon to pay bills, the platform also offers a business-to-business system that helps facilitate the cross-trade agreements through the TXO smart contract model in a unique and specialized way. Not only can payments be made instantly and transactions completed within the utility firms’ payment systems, the smart contracts can be executed between the providers as well. This tends to open new business opportunities globally for managing and signing agreements amongst utility providers, which computes for around 10% of the total market value.
Treon (TXO) is simply a utility token powered by the Ethereum blockchain that will assist customers to seamlessly pay for their utilities services such as electricity, natural gas, water, telecom, via the app and the mobile wallet. The interface links the subscribers to their specialized providers. All these are done through the consolidated single dashboard that enables the payment of utility powered by the blockchain technology. For the household consumptions only, the ecosystem usually have a turnover of at least $2 Trillion on a yearly basis.
In conclusion, Treon is specially designed for utility providers and consumers. The wallet application incorporated to the platform enables the consumers to pay and manage their utilities usage. In addition, Treon ensures that there is a unified agreements amongst the numerous providers registered on the platform. The vision of Treon is that they turn out to be a powerful catalyst that will transform and revolutionize the utilities services digitally in various means: Business-to-Business and Business-to-Customer interrelationship. It enhances the bond between the providers and customers and eliminates all forms of mistrust, and doubts that might have been raging before the evolution of this reliable platform.
To find out more about this project, here are some related links:
Website, Whitepaper, Telegram, Facebook, Twitter, Bitcointalk ANN thread
Writer's bitcointalk username: Anike01
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