BEATRIX – The Decentralized Energy and Telecommunication Distributi...

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

As more technological advancements are uncovered, BEATRIX, an eco-friendly, affordable and sustainable energy project to address energy and telecommunications crises and shortages across Africa came on board.

ABOUT BEATRIX

BEATRIX is an eco-friendly, affordable and sustainable energy project to address energy and telecommunications crises and shortages across Africa.

Additionally, The solution proposed by BEATRIX is to build a distributed energy tower using technology to efficiently produce green energy. Energy towers are patented innovations that are more efficient than wind or solar.

These towers are distributed throughout the continent through DETD (Decentralized Energy and Telecommunication Distribution 0 ecosystem) and ecosystems are developed through cooperation between German and Swiss companies.

The generated energy is stored in the RIX token, and the RIX token is completely an ERC-20 compliant Ethereum utility token. RIX is purely eco-friendly and will be the first and only energy-based token to be generated on its own and operates independently of other vendors.

Modern society can not exist without electricity, and DETD plays an important role in producing and distributing electricity and provides energy for millions of people.

FIND BELOW A VIDEO PRESENTATION ON BEATRIX

BEATRĪX responds to growing demand for high-performance communications, and Africa wants to overcome digital development and change, one of the biggest challenges of society. Power and communications exist only in Africa’s rural communities and limited power grid, I want to provide this relatively expensive access fee in an area that I can not afford. People in rural areas have to pay more for electricity than grass-bound areas in cities, which is neither our goal nor our plan.

BEATRĪX provides affordable power to rural residents to speed up regional development.

Using mobile devices and local commands, consumers pay for their electricity and communication services on the platform. You are already paying for data from your local carrier. Network coverage is not always available, but 80% of Africans own cellular devices. You have the ability to display and trade RIX tokens, the only digital currency used on the platform.

The platform allows customers to connect equipment. Provide superior customer service based on real-time data. For example, proactive reminders can be immediately sent to a customer service agent to track problems before they occur.

Payment is supported in a way that benefits both the customer and the supplier. This system can turn off the equipment remotely when the monthly payment is not made, then turn it back on after the payment resumes.

There is also an option to leverage RIX, which occurs whenever 1MW DETD is built and activated, through energy auctions. This is to enable to take advantage of price fluctuations according to RIX demand and supply. Everyone in the world can invest, trade, and buy RIX.

The Aim

The Beatrix Platform aims to provide a power trade system that will promote a sustainable electrical energy transaction ecosystem between the DETDs, consumers, investors and traders.

The Problem

The BEATRĪX reality is that almost all Africans could have access to clean, abundant and almost no-cost electricity within the next decade. The supplementary bonus is that countries, villages and even individuals can grow their economies immediately, bypassing the time and expense of permanent generating capacity.

The provision of power to a population is not simply an economic conversation, but rather a humanitarian one. For most, electrification does not mean running a refrigerator or television but, more crucially, providing heat and light from a source that does not fill a home with dangerous fumes. It might mean charging a cell phone from which payments can be made, phone calls received and important news reports read. Providing electricity to homes means healthier families, better education for children and the optimisation of financial inclusion to capture those in rural areas. BEATRĪX decided not to commit to the well-trodden but impractical road of centralized electricity generation, but to carve a new and pioneering path towards alternative energy solutions in form of a Decentralized Energy and Telecommunications Distribution (DETD). BEATRĪX believes this is the option that can truly change the fortunes of the continent.

There is a real opportunity to demonstrate to the world the impact of small-scale DETDs, blended renewable energy sources at a micro-grid and mobile level in Africa.

The Solution

The Energy Towers

The first part of BEATRĪX’s Ecosystem is a patented buoyancy technology, which is a new procedure that efficiently produces electric current. The technology’s technical feasibility has been proven in theory by the Karlsruhe Institute of Technology (KIT) and the “proof of concept” that demonstrates its practical potential through test-systems is taking place on 01.09.2018.

Systems built based on the buoyancy technology will come in different overall sizes and power steps (1, 5, 10, 25, 50, MW).

They wanted to keep the information available on the website very simple, with a more comprehensive and detailed description regarding efficiency and profitability of the energy towers in BEATRĪX’s white paper.

About The Platform

The aim is to supply an influence trade system that may promote a property power dealing scheme between the DETDs, consumers, investors and traders. A blockchain-based peer-to-peer (P2P) energy dealing platform are going to be enforced to alter economical power dealing. within the Beatrix P2P energy-transaction platform, associate RSC is embedded within the blockchain referred to as associate energy tag. The energy tag can set conditions for creating each future energy dealing. within the long haul, the Beatrix P2P energy-transactions platform can produce property energy-transaction and therefore the increasing scheme can alter the event of a trustworthy , property, secure and energy-efficient dealing atmosphere.

The Features

DETD – abbreviation stands for localized energy, furthermore because the distribution of telecommunications. the corporate can open the plant directly on the continent, which is able to enable to develop and expand power towers within the planned places;

DETD – additionally fights the matter of social difference and improves centralized networks;

DETD are going to be ready to give the chance to use the services of the agricultural community. not solely wealthy communities are going to be ready to access electricity;

Powerful mobile networks. exploitation DETD can considerably cut back the price of mobile networks;

The provision of electricity are going to be dispensed in an exceedingly reliable and trendy way;

Safe disposal of family waste, supermarkets, restaurants.

How It Work?

The Beatrix buoyancy tech has already been implemented into its Energy Towers. This tech exceeds the efficiency of wind and solar power by far. It makes this energy source much cheaper than anything that exists in the market of sub-Sahara. DETD will rely on a system of Energy towers. This will be a biogas plant and a telecom pole that will supply power and mobile coverage. To achieve this, they will utilize microgrids, different from the centralized distribution model.

Another highlight of this technology is the blockchain service and trading platform called RPM and the utility token Rix. This is the only form of payment for power and telecom services in the prepaid top-up system. Investors, consumers, and traders of Rix will meet on the platform to purchase power or trade the tokens.

The main feature of Rix is an upfront charge of 5KWh. This reinforces the high expectations in terms of positive price growth. The project also plans to co-operate with a local NGO to drill five water wells for every MW plant. Thus, it wants to ensure its slogan of being “the first social ICO” becomes a reality.

WHY BEATRIX IS SO UNIQUE?