Today, we have become consumers of so many things, both products, and services. This can be attributed to the ever-growing human population.
Some of the things we consume are water and also services such as telecom services and electricity services. These are all essential utilities which man must live by in other to make life more meaningful.
Notwithstanding the need for these services, there are, however, challenges which affect the provision and the ability of consumers to access these services. Some of these challenges include:
• The lack of a single app which can make it possible for utility consumers to pay for this services and their usage from one place.
• The unbanked part of the population also face challenges of being able to access these services due to the gap in what the utility companies promise consumers and what they deliver.
• There is also the lack of a reward system that rewards consumers for using eco-friendly utility services such as wind-generated electricity and solar energy.
• Another challenge is also the lack of a means to monitor and control their usage of utilities. In most cases. The consumers have to go through 3 – 4 points to be able to access utility services.
These challenges and more have resulted in the multiplicity of utility accounts which are managed by consumers of utility services.
The utility companies do not also all accept the same method of payment for services meaning that consumers also have to maintain multiple accounts with payment providers.
Understanding the Treon Platform
Like we have pointed out, there are a lot of challenges which are faced by utility consumers and these challenges calls for solutions. This is where Treon comes in.
The Treon platform is a token based blockchain platform which is created to enable utility consumers to make payment for utilities consumed. The platform would be functioning as a mobile dashboard and utility wallet.
The utility bills will be settled using the blockchain smart contract technology.
Benefits of the Treon Platform
The benefits which Treon is making available to consumers of utilities include the inclusion of the unbanked by creating easy access to a currency that can be used for paying utility bills.
The platform also makes it possible for users to manage their different utility accounts from one place.
Treon also provides the benefit of a loyalty system for its users through its loyalty program and loyalty points. Consumers would also receive the benefit of smart notifications for timely updates.
Treon Token
The Treon Token is a utility token built on the Ethereum ERC20 standard. The symbol of the Treon Token is TXO.
The Treon Team
The Treon team is comprised of eight nationalities that all have experiences working with people from diverse multicultural and multidisciplinary backgrounds. The platform also has a team of expert advisors.
Conclusion
The idea of a single platform where consumers of utility services can pay for utility consumption and usage is indeed an idea that its time has come.
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Author - Lanezer
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