Review Project TREON
TREON- Smartest Way to Manage and Pay Your Utility Bills (Anytime, Anywhere)
Considering so many people look at cryptocurrency as a potential investment, it then makes so much sense for there to be a platform that deals specifically with both investing and banking within this industry. That is where TREON plans to make their mark, and even though they are not the only ones that are doing this, we can still check out what they are planning on doing to see if it is worth your while getting involved in this ICO.
What is TREON ?
Treon is a token based mobile dashboard and wallet solution for utility bill payments, especially designed for the billions of customers using public utilities to settle their bills using blockchain smart contract technology. Treon is a new form of private, instant, verified and reliable transaction.
Easy and convenient, Treon is totally transparent and trustworthy, a one-stop- shop for utilities bill payments through just the one dashboard. Real-time, trackable and cost reductive, Treon makes paying your bills effortless and seamless, from virtually anywhere. Treon is a platform on the Ethereum blockchain built to enable consumers around the world to manage and pay their monthly utility bills for usage on telecom, electricity, gas, and water networks. The mobile phone as a mainstream digital, always-on tool is one of the cornerstones of Treon’s business model and mass adoption strategy for the billions of consumers.
Treon team designed a simple and unique digital platform, smartphone app and a wallet to enable customers to manage their services from one place with utility providers and pay for their usage through a consolidated application, which is connected to each provider through open and secure interfaces. In addition, to grow this new ecosystem, Treon will reward customers every time they use Treon tokens (TXO) to top-up their utility accounts or settle their utility bills.
Here is some use cases of Treon
Mobile usage top-up/recharge and bill payment
Telecom interconnect and roaming settlement for utility companies
Payment for water usage
Green energy (solar or wind) usage payment and incentives (Green Credit)
Energy and water cross-companies’ settlement for utility companies
Electricity bill payment and recharge of prepaid power
The best features of TREON
Wallet - Secure, reliable, and robust wallet to pay bills from one place using the currency of choice. As described before, customers will receive loyalty points when paying with TXO tokens, and that’s one of the strongest value-adds of Treon. The Treon wallet is built with the flexibility to allow customers to transfer between fiat and TXO and other selected cryptocurrencies. Customers will have multiple ways to top-up the wallet with fiat currencies: credit cards (for banked customers), telecom recharge cards, over-the-air topup, direct purchase of TXO through ecosystem partners (utility companies and their contracted distributors), or crypto exchanges.
1 TOKEN, 1 SCREEN & 1 CLICK - With one click of a button, you will be able to purchase (TXO) tokens, view your usage and effect your payment for all your utilities anywhere in the world. Combining the ease of using a single interface through multiple payment options to settle bills of different Utility companies on one dashboard.
Usage Dashboard - Treon will be the first in the industry to present consumers with an “on-mobile-dashboard” to display their household utilities accounts in one screen. Imagine the convenience of looking at one screen with usage you consumed on the utilities you are connected to. The usage dashboard app, wallet, and payment protocol are intentionally designed as a modular implementation to integrate utilities’ billing and charging systems.
SECURE - Treon will ensure the integrity and security of the e-wallet using Ethereum blockchain smart contracts acting like multi-signature wallets (multisig). They partnered with multiple cryptocurrency wallet experts to provide Treon (TXO) users with the best experience of the crypto ecosystem.
Smart Notifications - Smart notifications from within the app will highlight the different benefits. It will be customised notifications to relevant information to customers based on their profiles and interests.
Not only that they are planning to use AI capabilities to provide real-time contextual recommendations on optimisation of usage resulting in savings to consumers. This is an ongoing exercise as it also ensures that how customers are being rewarded when they are using renewable energy as an alternative and rewarded accordingly.
When it comes to security of Treon platform Treon will ensure the integrity and security of the wallet using Ethereum blockchain smart contracts acting as multi-signature wallets (multisig). It will require a certain number of participants to sign for a certain subset of operations (like a large withdrawal or transfer) to be executed. Since the Treon consumer business model is focused on payment of utility bills, the limits will be set in line with average consumption levels in the sector.
THEIR RATINGS
Conclusion : They do have a good team behind them, and the financial aspect of the ICO is straightforward enough, so it all comes back to their ability to get people onto their platform in the first place TREON project looks very advanced but is quite in early stages at the moment . It could turn out to be one of the most promising projects of 2018 and 2019.
Link : https://bitcointalk.org/index.php?topic=3407371.0
Website : http://treon.io/
WP : https://www.treon.io/data/Treon-WhitePaper.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=1618028