Bittwatt is to involve energy cooperation in the Blockchain . Bittwatt suggests using blockchain technology along with a developed system of exchange and trade in energy. The result is a decentralized service in which the energy supply is used most effectively.
Bittwatt - creates a decentralized platform on the block, which is able to unite all participants in the energy market, both energy suppliers and consumers. Creating an ideal protocol standard for information exchange.
The undoubted plus of the decentralized block of the platform is that it can not be deceived from either side, thus all the data on electricity consumption, counting and other relevant information will be recorded in the block and it will be impossible to change them. In the end, we get an honest estimate, and which will happen on an hourly basis, so ordinary consumers become smart consumers!
Also, the costs for data collection, calculations and much more are reduced, which is done by people under the current system, then all the data and calculations will be recorded in the locker, counted and paid using Bittwatt.
Benefits
The company will allow avoiding useless bureaucracy by synchronizing consumption figures and other relevant information in a blockchain. it will streamline processes by eliminating operating costs and taxes, all within the framework of an automated workflow, which also optimizes energy transfers on an hourly basis: it turns the ordinary consumer into a smart consumer.
In addition to all this, Bittwatt is very stable: as the energy profitability increases through the Bittwatt blockchain for all participants.
What features and capabilities will the platform have:
1. The platform, and their application, are built so that to measure the power consumption and determine its real price.
2. Users will have their own energy purse, through which they can buy cheaper energy and sell it at a peak of prices using the Bittwatt crypto currency.
3. Service for international energy cooperation of different countries in the areas of: production, logistics, settlement of transactions by means of intellectual contracts, and more.
4. A transregional network for refueling electric cars is presented, which provides intellectual identification of consumers and calculations using the Bittwatt purse. I believe that we cannot fail to mention that the company uses artificial intelligence, it is self-taught, and will adapt to what the network tells it. This allows the demand and response system to optimize supply for all parties, from power plants to consumers.
BittWatt ICO Proceedings
Pre-ICO - Pre-Sale
lasted 5 days from 18 March to 22 March.
90 million tokens were offered, and a total of 121.5 million tokens were sold with a 35% bonus.
ICO Phase 1
will take 16 days from 23rd March to 7th April.
50 million tokens are offered, with a total of 57.5 million tokens, with a 15% bonus.
ICO Phase 2
will last for 7 days from April 8th to April 14th.
50 million tokens will be offered, 55 million tokens with 10% bonus will be offered.
ICO Phase 3
will last for 7 days from April 15th to April 21st.
50 million tokens will be offered, 52.5 million tokens with 5% bonus will be offered.
ICO Phase 4
will take 7 days from April 22 to April 29.
13.5 million tokens will be offered, no bonus at this stage, and the supply at this stage will be limited to 13.5 million.
Final word
Bittwatt - a system dedicated to the turnover of energy. Its participants are exploring ways to accelerate the sequence of actions. Participants use a unique crypto currency - Crypto currency. The calculation processes are completely de-bureaucratized. The system invites those who know how valuable energy is and can make money on it. It includes data received from all over the world, from countries where one way or another develop and extract minerals. renewable energy sources in combination with modern technologies should benefit and become in demand in the near future for people. That's why I think that the project has every chance of success!
More details with the project can be found on the links below.
Website: https://www.bittwatt.com/
Whitepaper: https://www.bittwatt.com/static/files/Bittwatt-Whitepaper.pdf
Facebook: https://www.facebook.com/energyforthe21century/
LinkedIn: https://www.linkedin.com/company/bittwatt-pte-ltd/
Twitter: https://twitter.com/BittwattPteLtd
Youtube: https://www.youtube.com/channel/UChYWjiPk7lS6DBuaXgsIy4A
Telegram: https://t.me/bittwatt
Bounty: https://bountyhive.io/join/Bittwatt
Bountyhive name: chamika
Prepared by:
Bitcointalk Username: chamika888
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329