Today I am going to introduce you about a very promising Treon : An Ultimate Solution to Utility Bill Payment. I will divide this review in 5 parts and will start from Intro to conclusion and will tell you every plus point that why you should consider investing in Treon ICO.
The Utility bill is estimated approx 5 Trillion USD sector. Treon’s goal to become market leader in this untouched sector by launching its smartphone application to pay utility bill on the go as well as mobile wallet to strore various cryptocurrency and fiat. Treon aims to build a world where anyone can pay their utility bill irrescpective of sector either if it is about electricity bill, telephone bill, water bill or natural gas bill. Treon will tie up with concerned agency and utility providing firms to pay any type of utility bill via few clicks on mobile. All types of payment made can be verified on blockchain making it transparent and convenient for everyone.
A very unique and different platform in form of an application which will run on smartphone will have inbuilt wallet for every consumer of utilities to manage each and every one utitliy by this platform. Each and every service or utility provider will be connected throught this application via blockchain to process secure and transparent transaction and these transaction can be verified anywhere around the globe. In addition every time an individual make a payment towards his utility bill payment he will be awarded with TXO tokens as cash back and these tokens can also utilized to settle his next payment towards any utility bill payment. He will also be rewarded when he top up his dashboard
Mobile phone became the single most important lifeline to connect, conduct business, entertainment, trade and wallet while making payment in their daily routine of more than 5 billion people globally Treon will work as a bridge and harness the power of blockchain technology and cryptocurrency. According to a survey of World Bank and GSMA the number of unbanked mobile users are more than 3 billions around the globe. Treon will provide them opportunities to grow with this ever-growing online market. We are yet to discover the real opportunity of this fast-moving digital economy across the different utility sectors. This utility sector has potential in trillions of US dollars across telecom, electricity, natural gas, renewable energy and water etc. Treon is poised to seize scalable and sustainable growth opportunities in these sectors in the course of next 5 years.
Treon is on a business model which is based on various stream of payments derived from utility services, primarily from distributions margins, transaction cost on bill payments and fee on using platform. Treon will provide healthy margins and significant saving to utility providers connected to platform.
Anywhere we go to payment our utility bill physically we have to stand in queu and wait for hours, if we pay through online we have to give huge transaction charges which are nor transparent neither justified. Sometimes we have to go multiple times to a certain office to pay one utility bill payment. We have to go various places to settle various utilities bill. A lot of fuel and paper wastage due to offline payment of utility bills. Every utility provider has a different billing cycle and due to all these reasons sometimes we forget to pay timely payment of bill resulting overcharges or penalty.
Treon will give you a smooth and convenient platform to settle your bills timely and transparently using blockchain technology. By using Treon platform anyone can payment their utility bill without any hassle just by clicking few clicks. You can avoid long queue and save many hours. 80% less transaction fee compare to existing platforms, by Treon thus you can save more money by using it. One screen one dashboard to pay any utility bill payment. No multiple signup/accounts require to pay different bill. Smart reminder for easy and timely settlement of bill to any utility. Time saving and convenient platform. Treon will not require any use of paper and no wastage of fuel to go anywhere for settlement of utility bill payment you can do by few simple clicks thus contributing to an eco friendly system. Get reward every time when paying for any utility or topping up your account in Treon Tokens for future bill payment. No requirement of banking system to pay bill. There are many more advantages of using Treon platform.
Token Name- Treon
Total Supply : 1,000,000,000
Allocation : 429.7 Million
Soft Cap : 4 Million USD
Hard cap : 25 Million USD
Currency : ETH, BTC
ICO date: 21st of May 2018
End: 17th of June 2018
Token Platform: ERC-20
Admin & Legal: 5%
Q1 2017: Starting from Idea and planning
Q4 2017: Technical architecture and prototyping
Q1 2018: ICO planning & preparation
Q4 2018: Request a Token on the Crypto Stock Exchange
Q1 2019: Onboarding Telecommunication Provider
Q4 2019: Agreement with Telecom top-up distributor
Q1 2020: Agreement with payment gateway
Q4 2020: Onboarding Electrical Company
Q1 2021: Smart Contract for natural gas companies
Q4 2021: Onboarding company Water Utility
Q1 2022: Launch of Telecom reseller agreement
Q4 2022: Close all reseller agreement of utility provider
Treon Team Details
Tron team is distributed globally by design; integrated development team based in india for proximity to pools of technical exporters; product management team based in Egypt for proximity to African and Asian target markets; strategy, investment, and commercial team based in dubai for proximity to financial hubs, and a corporate structure with applicable crypto licenses based in Estonia.
Here are the some Key members of Treon Team:
Hesham El Metainy — Founder, Strategy
Khaled Khorshid — Founder, Technology
Mohamed T. Kesseba — Head of Marketing
Binal Patel — head of technology
Hoda El Kara — Head of Corporate Communications
Miranda Rector — Head of product
Harshil Sanghavi — Blockchain
Treon is an Ethereum based token TXO tokens can be used as Utility patment by all the customers and also as a settlement tool between different different utility providers. It is designed as utility tokens for payment, top-up and recharges on Treon Platform. It is an awesome opportunity to invest in fast growing market in utility sector. Treon has already lauched its prototype and you can download it from Google play store for android and IOS version of application will be launched soon..
Visit following links to know more about Treon.
Website : http://treon.io/
ANN : https://bitcointalk.org/index.php?topic=3403731.msg35625366
Whitepaper : https://www.treon.io/data/Treon-WhitePaper.pdf
Twitter : https://twitter.com/TreonNews
Facebook : https://www.facebook.com/Treon-171801956857915/
Telegram : https://t.me/TreonOfficial
Reddit : https://www.reddit.com/r/treon/
Authored by: Vaibhav Dwivedi
BTT URL- Vaibhav Dwivedi