The Crypto world has long appeared in the Society, but many or even almost all people do not know about Crypto, Blockchain, ICO Etc.
But now Crypto is widely known by People from all over the World, and this is very profitable for all of them especially a Developer. Why is it so profitable for Developers?
Because Developers can introduce their Projects via Crypto very quickly compared to other ways.
Well on this occasion I will introduce one project that is very interesting, cool, and very useful for the whole community.
Okay, you should check my article this time about Project Treon. Website : https://www.treon.io/
Treon’s influence with impact
In comparison of other cryptocurrency organisations, we are fortunate enough to have utilities as the trusted party between us and consumers. As consumers are no more required to trust us to make use of TXO tokens, they will simply need to trust their utility operators. We are also cooperating with the non-governmental organisations to empower and promote financial inclusion in the developing countries. As we firmly believe that our token will grow over time and it will surely strengthen our reputation with the end users.
Incentivizing green and renewable energy usage
Green Energy comes from natural sources such as sunlight, wind, sea tides, and geothermal heat. These energy resources are renewable, meaning they're naturally replenished. Treon will provide zero fees for green energy providers to promote and encourage customers to migrate their usage into clean, renewable energy.
Treon Payment Protocol
For decades, the relationship between customers and their utility providers have been cumbersome and unfriendly where customers were expected to only pay their bills on time or their service gets suspended. Due to the monopolistic history of most telcos, electricity, natural gas, and water companies, customer experience and satisfaction were not on the top of their priorities even after competition was prevalent. It wasn’t before few years ago when utilities started to implement tangible customer-focused improvements to their experience journey. However, these improvements fall short to keep up with the fast advancements of latest technologies impacting customer experience. To present consumers and utilities with functional uses of the Blockchain technology, Treon is creating on-chain and off-chain solution components that work together to provide utilities with a digital platform to transform billing, payment, and settlement for their services into the blockchain. At the core of this technology offering is the Treon Payment Protocol.
The Treon Payment Protocol (TPP) is flexibly designed to be a protocol architected for utilities providers and other similar businesses where the customers either receives bills to settle their outstanding balance post (or after) the consumption of the service, or top-up/recharge the balance pre (or before) the consumption.
TPP is similar in concept with many payment protocols already created on the blockchain, however, the important difference is that because it’s built for this industry, the lead-time, technical risks and complexities are reduced significantly for utility companies to join the Treon platform and implement TPP. Treon encourages outside input and development to improve the protocol and make it widely used among utility providers which will boost Treon expansion vision. TPP will come in built-in modules, we encourage the involvement of the community in its development, especially industry-focused groups. TPP on-chain architecture constitutes the nucleus of its functionality and it is designed for flexibility and evolution with the needs of utilities, value-added-services providers, and development community. Website : https://www.treon.io/
For practicality, speed to market, and quick adoption reasons the initial version of TPP will be implemented as a Smart Contracts on Treon’s blockchain that can be accessed through an SDK and a set of standard APIs. This will allow the team to quickly and efficiently port utility providers to the Treon ecosystem and achieve the long-term vision.
Treon Wallet
Secure, reliable, and robust wallet to pay bills from one place using the currency of choice. As described before, customers will receive loyalty points when paying with TXO tokens, and that’s one of the strongest value adds of Treon. The Treon wallet is built with the flexibility to allow customers to transfer between fiat and TXO and other selected cryptocurrencies. Customers will have multiple ways to top-up the wallet with fiat currencies: credit cards (for banked customers), telecom recharge cards, over-the-air top-up, direct purchase of TXO through ecosystem partners (utility companies and their contracted distributors), or crypto exchanges.
Since the core value proposition of Treon is convenience, we architected the solution and business model to enable simple TXO to fiat exchange function using one click. It is an important risk mitigation against crypto volatility. As we describe the section on Treon issuance model, we intend to incentivise utilities to maintain adequate levels of liquidity reserve in TXOs. We will give consumers the ability to turn TXO tokens into local currency when needed.
Thank you for visiting if you like my article on the Treon Project. Please give me the comments below, and for more information on Treon Project. You can visit their media below:
Website : https://www.treon.io/
Facebook : https://www.facebook.com/Treon-171801956857915/
Twitter : https://twitter.com/TreonNews
Telegram Chat : https://t.me/TreonOfficial
Ann Thread : https://bitcointalk.org/index.php?topic=3403731.msg35625366
Whitepaper : https://www.treon.io/data/Treon-WhitePaper-v2.0-02072018.pdf
Instagram : https://www.instagram.com/treon_official/
Medium : https://medium.com/@treon.token
Linkedin : https://www.linkedin.com/company/treonofficial/
Youtube : https://www.youtube.com/channel/UCkMRPhFq8sjvdTtGkgTLLEg
Telegram Chat : https://t.me/TreonTXO
