Bitlumens Review the Project

in #crypto6 years ago

The Crypto world has long appeared in the Society, but many or even almost all people do not know about Crypto, Blockchain, ICO Etc.

But now Crypto is widely known by People from all over the World, and this is very profitable for all of them especially a Developer. Why is it so profitable for Developers?

Because Developers can introduce their Projects via Crypto very quickly compared to other ways.

Well on this occasion I will introduce one project that is very interesting, cool, and very useful for the whole community.

Okay, you should check my article this time about Project Bitlumens.

About Bitlumens

Bitlumens electrify rural areas, help bring down CO2 emissions, foster gender equality and promote financial inclusion through its platform.

billion women remain locked out of the financial system, not least due to the lack of proper identification documents. Identity does not have to remain a barrier for financial inclusion and economic empowerment. In addition, according to the World Energy Outlook, 1.2 billion people don’t have access to electricity while 2.7 billion don’t have access to clean cooking. Only a small portion of rural inhabitants have access to electrification [see Table 1]. Most of them depend on ineŠcient and hazardous fuels, such as biomass, kerosene, plastic, battery torches and candles. Fuels and its combustion process contribute to the release of greenhouse gases into the atmosphere. Among those fuels, kerosene is a source of CO2 and black carbon. Black carbon or soot, a particulate matter (PM) resides only a few days or weeks until a natural phenomenon called coagulation happens, where cloud droplets and aerosol particles attract each other. This phenomenon helps to clean the atmosphere by flushing out aerosol particles. Hence, replacing all kerosene lamps worldwide with solar lights could serve as short-term action to reduce global warming. A single kerosene lamp emits over 100 kg of CO2 per year when used four hours a day.

Globally, burning kerosene for lighting generated 240 million tons of CO2 equivalent a year, around 0.5% of global emissions. In fact, just kerosene lamps replaced in Africa and Asia with solar panels saved 1.4 million tons of CO2 equivalent in 2014 alone. Moreover, on a general basis burning 20 kg wood during one day emits about 200 grams of PM2.5, this equals smoking 10,000 cigarettes.

The energy sector in Latin America and many other developing regions present major challenges to meet energy requirements. In fact, some of these countries rely on fossil fuels to meet energy demand. Price volatility, fossil fuel shortages, governmental regulations on fossil fuel prices, geopolitical settings, power outages and climate change mitigation are major key variables that need to be considered to address energy security. However, the Latin America presents a vast amount of non-conventional-renewable-energy sources such as wind and solar which can be exploited to address power reliability and energy security.

Preamble

Bitlumens mission is to provide options to rural communities to displace kerosene, wood or plastic-dependent households and give immediate access to cleaner, safer, and affordable energy in Latin America.

Bitlumens brings electricity from renewable sources using Internet of Things (IoT) and the Blockchain to women in rural villages in Latin America. Thanks to solar energy and our technology, people can use electricity, charge their electrical appliances and even water their crops! Women lease our hardware and pay in installments denominated in BLS tokens. This allows them to build a credit score leading to financial inclusion and poverty alleviation. In addition, family members can buy tokens to send a remittance which could cover the expenses for the machine, meaning water and electricity bills can be covered. We also quantify carbon mitigation and particulate matter reduction in each household to allow women to become carbon credit issuers at a later stage.

The current milestones of Bitlumens are:

  1. The deployment of 100 off grid solar devices by the end of May 2018.

  2. The addition of the software to run the hardware using tokens by the end of May.

  3. The deployment of IoT to track carbon and black carbon mitigation.

  4. After June we will be adding solar pumps into our hardware ecosystem.

The Solar System

Ideally, our Solar Kit will initially use a 15/20/50W solar panel and 3000 mAh, Lithium Ferro-Phosphate (LFP) Battery. We will sell 3 systems coming with different appliances, i.e. two USB charging ports; integrated dimmable LED lights; LED Backlit LCD TV; Radio and TV.

The battery should last for 5 years and the system has a 2 years warranty minimum.

The system must provide to the final user: available credit, battery availability, electricity consumed, lighting duration, daily cost and energy output. The data will be sent to the network on a daily basis between 7-10pm.

The solar kit is connected to a smart meter and to the user’s cell phone. We use programmable logic controllers (PLC) that allow the current to be measured. There are several circuits which can be used to determine the voltage and current generation/consumption. Each sensor must be connected to a analog-to-digital converter (ADC) in the Controller Hardware. We’ll need at least one circuit at the Solar Panel input and another at the battery output. With these values it calculates the power produced and consumed. The smart meter works LPWAN solutions for IoT, which can work for several kilometers distance. Sensors will provide the data in the form of text messages, such as, available credit, battery availability, electricity consumed, lighting duration, daily cost and energy output.

Information ICO

Token BLS

PreICO Price 1 BLS = 0.0007 ETH

Price 1 BLS = 0.001 ETH

Bounty Available

Platform Ethereum

Accepting ETH

Soft cap 1000000

Hard cap 25 000 000 USD

Country Switzerland

Whitelist/KYC KYC

Restricted areas USA,only accredited investors.

Thank you for visiting if you like my article on the Bitlumens project. Please give me the comments below, and for more information on Bitlumens Project. You can visit their media below:

Website: https://www.bitlumens.com

Ann Thread : https://bitcointalk.org/index.php?topic=3163931.0

Github : https://github.com/Bitlumens/

Twitter: https://twitter.com/bitlumens

Youtube: https://www.youtube.com/channel/UCVMECEULMuewydplMUP2KBQ

LinkedIn: https://www.linkedin.com/company/13638283/

Telegram: https: //t.me/Bitlumens

Facebook : https://www.facebook.com/Bitlumens/

Telegram Group : https://t.me/BitlumensNews

Whitepaper : https://www.bitlumens.com/#whitePaper

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