What is Treon ?
Treon is a token based mobile dashboard and wallet solution for utility bill payments, especially designed for the billions of customers using public utilities to settle their bills using blockchain smart contract technology. Treon is a new form of private, instant, verified and reliable transaction.
Treon (TXO) is a “utility token” based on the Ethereum blockchain that will securely and seamlessly help consumers to pay for their usage of utilities like, telecom, electricity, water, natural gas through a mobile wallet and app that is connected to the utility companies that they are subscribed to through a consolidated dashboard that will enable new utility payment ecosystem over the Blockchain. An ecosystem that exceeds $2 Trillion of yearly turn-over for household consumptions alone.
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Opportunities in Telecom
Telecom utilities are at a more advanced stage in offering consumers digital solutions to enhance their experience. Treon will target telecom companies first to be the early adopters of the token and digital tool
Opportunities in Electricity and Water
In 2017, electricity generated around USD 2.0 trillion of revenues, out of which USD 650 billion came from household consumers (business to consumer market).
Opportunities in Natural Gas
Natural gas utilities generated USD 350 billion from consumers’ usage in 2017. Treon’s business-to-consumer vision is to capture a considerable share of ’Digital Payment for Gas Utilities’ bull market through its Utilities Wallet and TXO tokens. The total consumer market is expected to soar up to USD 437 billion by 2023.
WEBSITE : https://www.treon.io/WHITEPAPER : https://www.treon.io/data/Treon-WhitePaper.pdf
By offering utilities access to buy Treon tokens for their cross company settlements and to provide their consumers the access to buy Treon directly as a mean to settle their bills and recharge their accounts. This is part of the whole onboarding program we will work on with utility companies to bring incremental revenues for them while reducing their operational cost.
Consumers will have the option to customise different notifications for all their utility providers to ensure timely updates and to avoid any service suspension due to any payment delay. Consumers will be able to receive notifications from within the app or by any other social media tool they prefer.
– Technology (60%)
– Marketing (25%)
– Operations (10%)
– Legal & Admin (5%)
– Reserve (84%)
– Founders (9%)
– Ecosystem (5%)
– Team (2%)
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Treon brings crypto revolution to Utility Payments
TEAM & ADVISORS
Treon team was selected on the cultural foundations of Innovation, trust, transparency, and simplicity being our core corporate values and are embedded in everything we do. Our organization structure is flat to ensure speed of execution in a fast-moving space. Each member has worked and lead multicultural, multidisciplinary, and adaptive teams that achieved tech innovations in challenging markets.
Team
Advisors
Several factors have played in shaping Treon’s structure: various regulatory environments for fintech companies, crypto-friendly legal jurisdictions, presence of available qualified technical experts, and proximity to target markets. Treon team is distributed globally by design: integrated development team based in India for proximity to pools of technical experts; product management team based in Egypt for proximity to African and Asian target markets; strategy, investment, and commercial team based in Dubai for proximity to financial hubs, and a corporate structure with applicable crypto licenses based in Estonia. Treon services the world which requires the company to be diverse and global by DNA. The team is composed of 7 nationalities covering 5 continents. Innovation, trust, transparency, and simplicity are our core corporate values and are embedded in everything we do. Our organization structure is flat to ensure speed of execution in a fast-moving space. Each “Treonian” has worked and lead multicultural, multidisciplinary, and adaptive teams that achieved tech innovations in challenging markets. The positive vibes and can-do attitude are contagious and will sprint Treon to reach the aspired vision and goals.
RoadMap