Bittwatt - Decentralizing the Energy market

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Bittwatt company is utilizing the latest blockchain base technology to connect all the markets and industries to build the decentralized platform. The platform will be used to collect electricity consumption information, to manage to bill online, and to balance the electricity in the remote area. Bittwatt platform will be connecting the users using the new technology. It is built to remove bureaucracy from the current energy supply system and give power to the individuals of energy use.The Bittwatt will be doing this using the collaborative method to collect the information from the users. The data will be sync at one place and analyze to understand the consumption of the electricity.

The platform itself create a logical output to see in which industry the more electricity is consumed. It will run its specially develop an algorithm to find the best possible outcome for energy consumption. The data used to balance the energy in particular area or the industry. Bittwatt streamlines the operational cost connected to the supply of the electricity. The transfer fees will be decreased over the period. All these activities will be done automatically in the blockchain platform. The system will optimize the energy transfer and make it available on the hourly basis. The system controls the energy supply and converts the normal consumers into the smart consumers.

How Bittwatt works?

The Bittwatt technology is built to sustain for a long period. The purpose of the platform is to convert the current grid system into the individual consumption. The information collected from the analysis will be provided to the individual house and corporate industries. The users can use this information to understand the current consumption of the electricity in their place. The data will be provided on the hourly basis, so the user can see what kind of appliance is using more energy. The system will convert the user in the smart users. It will encourage the users to save energy.

The system will provide local the energy waste and indicate the user. The misuse of energy will be stamped out. The right kind of information will help us to build the ecosystem that will offer long-term sustainable energy source. At the same time, we will work on consumption metric to see how we can utilize the current energy source at maximum level.

About the Bittwatt platform?

The platform is designed to streamline the demand and response mechanisms in the grid system. The users will have the option to do an unlimited transaction that isn't subject to issues of trust. The blockchain technology enables the platform to work seamlessly and provide the security. The platform is easy to scale and can be spread across the globe easily. It is capable of integrating into each brand and location in its network.

The Bittwatt platform can be used by the existing power plants, suppliers, consumers and other operators who deal with the energy source. Utilization of the energy source will ensure that the energy is no longer wasted. The system encourages users to join the platform to save the energy. It will help humans to create sustainable and environmentally friendly energy system.

ICO token sale:

The Bittwatt is planned to get funding through the initial token sale. The generated fund through the token sale will be allocated to the development of the platform. The Bittwatt coin sale is having a goal of distributing total token with the worth of $30,400,000.00. It has minimum funding goal of $25,300,000.00. People who willing to invest in the token sale can visit the official website and purchase the token at the discounted price. The token sale is limited to the few users.