Due to the decreasing natural resources for production of energy and growing concern regarding it, there has been a lot of buzz around the world in order to conserve it and reduce the use of it. The "numbers" printed on the electricity bill that arrives at our doorstep every month has also kept on seeing a change, moving in the upper direction. It can be said that this scenario might face a poor end if not taken care of. The world urgently needs a system that could solve the above mentioned problems and at least put some resistance in the way of these rising problems if not completely stop it.
The Problems
Considering the present situation, a few major issues can be drawn out from it, such as:
- Over the time, technology has advanced to such high levels but the electrical network remains the same which is deemed outdated with respect to the need of the situation. This reduces the overall efficiency of the system, the price of which is paid by the consumers in form of increased electricity bill.
- Today, even small fluctuations have the tendency to destabilize the network which in turn gives rise to unnecessary consumption of energy.
- The cost of keeping the electric grid stable is as high as 30% at times which is a result of the pricing system which include generation costs, transport cost and stability assurance cost.
Finding a Solution
Bringing in the concept of increasing the efficiency of energy, Robotina was set around 28 years ago. But today, with the rising flare of blockchain and other such technologies, it plans to create new ways by making the complete use of technology in order to address the same problem in a better way. Robotina will be assembling together the blockchain, internet of things and artificial intelligence in order to give rise to a new way of the functioning of electric grids which would have a direct impact on consumption of electricity as well as the cost of electricity.
Robotina will be building a solution which will make smart systems work on energy consumptions at your place by turning off devices that are unnecessarily turned on and will turn them on when the electricity tariff will be the cheapest. It will also be rewarding its users if they take part in group buying of electricity (which will help a stronger negotiation) or agreeing to turn off device or devices for short span and selling that electricity to the highest bidder. In addition to this, they will be giving incentives to its users if they agree to sell their data to electricity providers which will help them understand the proper use of electricity in specific regions and the amount of it that is needed or to electricity producers or even advertisers.
The Team
Robotina as a company has an existence of 28 years and currently is functioning with a team of 50 members. They have already had 7 patents to their name along with 5 international certificates and more than a million connected points across the globe. The CEO himself has contributed to several patents and products and has received the highest business award for his work in Slovenia. Along with him he has the head of R&D who is an expert in software design in Windows, Linux, iOS, Android, Python JavaScript etc. Their technical team is strongly supported by a team of blockchain experts who work in full compliance with each other to come up with best results
The ICO Bell
The initial coin offering of ROX token is on full swing and has 32 days before its close on 30th of April. While the price of one ROX token was kept 0.048 USD during the preICO, it has been hiked to 0.50 USD in the crowd sale. The method of paying for the token is only using exchange of ETH and the benchmark has been set at 0.5 ETH as the minimum investment amount.
A Last Look
The existence of Robotina over the year has been appreciable and in no case can this view of theirs to bring together three technologies in order to sort out one problem, fail. Renewable energy sources work well but their efficiency can also be challenged as they can't easily fulfil the demand and thus this new technology can be the game changer. Something that provides benefit to both environment as well as people is hard to find or to develop and Robotina, with their initiative, have somewhat made this a reality. They have taken the first step, now it's our responsibility to support them and contribute to a better future.
Website - https://www.robotinaico.com/
Whitepaper - https://www.robotinaico.com/documents/Robotina_WP.pdf
ANN - https://bitcointalk.org/index.php?topic=2991185.0
Telegram - https://t.me/Robotinaico
Bountyhive : bountyhive.io/r/dannywhelan
Published by – dannywhalen
Profile - https://bitcointalk.org/index.php?action=profile;u=1606458