Our world is filled with different kind of markets. Among them, one the most important and necessary market is the utility market. This market has a huge part to play in our life. Everything around is, the things we use, somehow someway I'd connected to the utility market and might even be a product of the utility market. And now, as the world grew, the users of utility service increase at a drastic pace and so did the market. But then, after the market became big, the process of getting these serviced got harder and complex. For example, paying the utility bills for the service is currently one of the most time-consuming processes and also very much hated. The time it costs is ridiculous.
Introduction to Treon
Utility service is so far one of the services that are used most by people around the world. The utility includes water, electricity, gas and so on. These are in a way a very essential part of our lives and we use them every day and we can't go on without them. The use of them is everywhere. After that, for these services, we have to pay bills according to our usage. The problem lies here. As everyone uses the service, everyone has to pay bills every month. There are specific places to pay these bills and specific way. And when people go for paying bills, it gets crowded, bulky and importantly it is very time consuming and complex. These processes are very annoying and hated by many people. Sometimes the place for paying these bills are very inconvenient for some people.
Treon is here to solve the problem of paying utility bills and remove all the complexity. Treon is a blockchain based project. They want to bring a change to how utility bills are paid and increase saving, transparency, security. They want to make a platform in a single place one will be able to pay utility bills of many kinds including gas, electricity, water and many more. Their one and only aim is to make paying utility bills a lot easier and convenient for many people.
Blockchain technology is being used and being integrated into many places. The Blockchain technology features are very attractive and powerful. Like many other blockchain based projects, who changed the whole system, this time is for the utility bills to change. With the blockchain, it will be very much to change the bill payment system in a good and convenient way.
Existing Problems in Paying Utility Bills
Currently, there are some problems with paying bills for utility services. The inconveniences lead to the bad experience and dissatisfaction. The problems are described below
• The consumers who do not use banking services are the prime victim of this. The consumers are not getting the service they promised for and it leads to a frustrating experience
• Utility services are divided into different parts and different uses. Each one of them is controlled by different companies. This leads to different ways of monitoring, controlling, using and paying
• The lack of services that would eliminate the problems and need of time that exist in the way of paying bills for different services
• The problem of using too much time and complexity and no simple or faster way to complete the payment
• Sometimes unfair payment and losing data for payments. No verification and faster transaction way
• Very small to no rewards for loyalty whatsoever and nothing in return even after using eco-friendly technologies.
These are some of the primary problems about utility and paying bills. These are also so far the most frustrating, annoying and time-consuming.
Treon's Solution
Treon is here to simplify the whole process of paying utility bills. They will provide the services and product needed to pay utility bills in a more effective and easier way.
First, Treon blockchain based. To pay utility bills, a certain token called TXO will be used. With TXO, they will create an ecosystem where TXO will be used for utility payments. There will be some easy and effective ways to but TXO for paying utility bills.
Treon will establish contacts with various utility services companies and not only one service. With their services, one can easily, without any frustration can pay utility bills of every kind all in one place which will fast and secure.
Treon will have a mobile app. Current there are more than 3 billion mobile phone users. By creating a mobile app for paying bills, they are straight reaching up to those 3 billion and more users and help them paying bills in a more convenient way.
As for transaction, the transactions will be super fast and be verified by the blockchain. TXO buying will be easy so this is also a fact.
For information about this will be available here: http://treon.io/
Products of Treon
Treon will have mainly 2 products. These two are the core and there are many other things inside of them. And they are
Treon Payment Protocol
This is one of the core element of Treon and in a way the carrier. Treon Payment Protocol or TPP is a protocol which connects different kinds of utility service providers and companies and also the consumer. This is where the consumers get their bills for certain utility usage and also the place where the consumer recharge their TXO balance. This will be deeply implanted in every product of Treon. There are many other side technologies within it to make it for operational.
The App and The Wallet
The app of Treon is still under development and currently, it is a prototype. A wallet will be implanted into the system. This is available for download in the app store but it's still not fully operational for very use.
Benefits for using Treon
There are quite a few benefits Treon can offer to both users and the providers which are not available in the traditional way.
For Consumers
• Treon will allow users to check their utility service usage based on the using amount with just a few clicks on Treon app dashboard
• There are lots of people who don't use banking service and away from it and the number is more than a billion. Through Treon, it will be possible to pay utility bills without any kind of banking or third party services.
• Very kind of utility services, usage, and bill paying all at once and in one place with just a few clicks away in a smartphone.
• There will be a loyalty program for consumers engagements.
For Utility Providers
• Comparing with the traditional system, with Treon there will be a huge difference in transaction fees.
• There will be chances for partnership agreement and better profit system
• Inventive for using Treon and receive a bonus for every transaction their consumers make
• Treon can help to gain trust for utility company from consumers
And many more to come
Targets of Treon
Treon is targeting various companies for their ecosystem. The more companies the better as they play a vital role. Some of their target companies are
• Telcom Companies such as interconnect service provider
• Electricity Provider
• Natural Gas Provider
• Water Companies
And some other utility providers. For more information check here: http://treon.io/
Vision of Treon
The vision of Treon is to change the whole utility payments with the power of blockchain. All the inefficiencies and bad experience, inconveniences are very much frustrating. Treon's vision is to change that once and for all. Not only making the paying bills easier but also benefits the utility provider. They want to change the experience of paying bills of 1.6 billion households that exist in our world. They are here to disrupt the whole bill payments system.
Team
Roadmap
TXO Token and ICO Details
TXO is one of the core parts of Treon. TXO will be the thing that will drive the whole ecosystem together and forward. For paying utility bills of any other transaction, TXO is the primary part.
Some quick Treon Token Sale descriptions are below
• Token Symbol: TXO
• Token Protocol: Ethereum
• Total Supply: 1,000,000,000 TXO
• Up for Sale: 429,000,000 TXO
• Price of Tokens: $0.11
• Soft Cap: $4,000,000
• Hard Cap: $25,000,000
Distribution will go like this
Conclusion
Treon has come up with a unique idea and it's an interesting use of blockchain. They are targeting the heart of Utility and removing the inconveniences. They have good potential if many people uses their platform.
More information about Treon can be found in these links
Website: http://treon.io/
Facebook: https://www.facebook.com/Treon-171801956857915/
Twitter: https://twitter.com/TreonNews
Telegram: https://t.me/TreonOfficial
ANN Thread: https://bitcointalk.org/index.php?topic=3403731.msg35625366
Whitepaper: https://www.treon.io/data/Treon-WhitePaper.pdf
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BTT Username: Sakib0194
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