TREON - THE FUTURE OF UTILITY PAYMENT EXPERIENCE May 02, 2018

Did you know that the average utility consumers stand in queues for 20 minutes every time they pay their bills and, they do so 3 to 4 times per month? That’s an average of 90 minutes just queuing! Fortunately, now those queues have just got a whole lot shorter, in fact they no longer exist thanks to Treon!

Treon (TXO) is an Ethereum blockchain-based utility token and e-wallet for paying utility bills using a robust technology in a completely decentralised and secure fashion.

The utilities sector has had intermittent customer-centric innovations over the years. Disruptive blockchain technology utilised by the TXO e-wallet offers vast opportunities for utility providers to drive cost-efficiency and increase profitability while giving consumers greater control over their usage and wider financial inclusion and convenience. With Treon, we will make your utility bill payments a convenient one-click experience – anytime, anywhere.

Treon (TXO) is focused on providing an exciting value-added service that will simplify the utility management and payment process like never before: consumers will effect their payments instantly using a simple consolidated dashboard.

Moreover, Treon (TXO) is on its way to bring a large number of new users into the crypto space by connecting billions of utility customers to the blockchain. Our vision is to reach a point in the near future where utility consumers around the world use the Treon token (TXO) as their currency of choice and preferred payment tool. We are set to convince utility companies to accept Treon tokens (TXO) from customers because it is faster, more secure, and less costly to operate and use.

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THE FUTURE OF UTILITY PAYMENT EXPERIENCE

Treon's business model is based on multiple revenue streams, mainly from distribution margins, transaction fees and platform usage fees. Treon (TXO) will realise healthy margins while delivering significant savings to utility providers.

Treon provide back rewards to customers against using TXO tokens to make adoption and usage much more appealing. Additionally, such savings will be the catalyst for utility companies to move their cross - trade contracts to the blockchain in order to cost - manage their business dealings.

Through the consolidation of the above margins and fees, the Treon business model is built to address a growing global market and a true partner to utility providers, bringing real value to consumers and providers alike.

THE PROTOTYPE

1 TOKEN, 1 SCREEN & 1 CLICK
With one click of a button, you will be able to purchase (TXO) tokens, view your usage and effect your payment for all your utilities anywhere in the world. Combining the ease of using a single interface through multiple payment options to settle bills of different Utility companies on one dashboard.
CONVENIENT
A decentralised utility payment gateway and processing wallet app that are built for all customers around the world including the unbanked, with a consolidated and simple smartphone app to manage and pay all your due payments across various utility accounts.
SECURE
Treon will ensure the integrity and security of the e-wallet using Ethereum blockchain smart contracts acting like multi-signature wallets (multisig). We partnered with multiple cryptocurrency wallet experts to provide Treon (TXO) users with the best experience of the crypto ecosystem.

BENEFITS TO CONSUMERS
User-Friendly Consolidated View
Customers will easily navigate the dashboard for a full view of their consumption of various utility subscriptions; customised notifications will provide convenient early alerts for payments or renewals.
Inclusion of the Unbanked
Treon (TXO) aims to bridge the gap for the unbanked by providing easy access to a currency that can be used as a settlement tool for different utilities - offering them the best services and value for money.
Management of Different Utility Accounts
Treon (TXO) offers the ability to completely and optimally manage multiple utility services on one interface - a simple dashboard covering all customer needs.
Change and Optimise Consumption
The analytical capabilities of the Treon (TXO) e-wallet will provide smart recommendations on how to optimise usage, whether to save cost and/or to save energy. Treon also plans to link with relevant IOT services and use Artificial Intelligence to advance its analytics and service offerings.
Top-up & Payment
Making use of Treon’s ecosystem, customers will be able to settle their payments for any of their utilities using a safe, secure, seamless and rewarding method.
Rewards on Payment - Loyalty Program
Customers will receive rewards in the form of loyalty points upon settling their bills or topping -up their accounts using the Treon (TXO) e-wallet. This will be an incremental benefit that the customers will receive upon every payment they make using TXOs.
Smart Notifications
Consumers will have the option to customise different notifications for all their utility providers to ensure timely updates and, more importantly, to avoid any service suspension due to any payment delay.

BENEFITS TO COMPANIES
Savings on Transaction Fees
The savings will reach up to 80% on the existing transaction fees with the introduction of Treon tokens (TXO) that will incur considerably lower bank or credit card commissions and/or fees.
Partnership Relationship Agreement
Utility providers play a significant key role in our business model. Different networks are the intermediaries, between utility service providers and Treon’s end users.
Industry Participation
Based on our vast experience, industry participation goes a long way in the utility world.
Treon’s Release Incentive Model
Any utility operator will receive additional margin on TXO tokens based on each year’s transaction volume on Treon.
Educating Consumers
Our priority is to ensure that potential users have an actual idea of how their product works. This requires an effort to create awareness through various communication channels.
Application Support
Applications created by utility operators are not widely adopted by their end users. We want to seize the opportunity by partnering with different utility operators and introduce Treon (TXO) e-wallet.
Treon’s Influence with Impact
In comparison with other cryptocurrency organisations, we are fortunate enough to make use of utility companies as the intermediary between Treon (TXO) and end users.
Incentivizing Green and Renewable Energy Usage
Green Energy comes from natural renewable energy resources, meaning they're naturally replenished. Treon (TXO) will provide zero fees for green energy providers to promote and encourage customers to migrate their usage to clean renewable energy.

ROADMAP

Q1 2017
Start of Ideation and planning
Q4 2017
Technical architecture and prototype build
Q1 2018
ICO planning & preparations
Q4 2018
Enlist Tokens on Crypto exchanges
Q1 2019
Onboarding Telecom Providers
Q4 2019
Agreements with Telecom top-up distributors
Q1 2020
Agreements with payment gateways
Q4 2020
Onboarding Electricity companies
Q1 2021
Smart Contracts for Natural gas companies
Q4 2021
Onboarding of water Utility companies
Q1 2022
Telecom reseller Agreement rollout
Q4 2022
Close all utility providers reseller agreement
TOKEN INFORMATION
Token Symbol => Treon (TXO)
Total Supply => 1,000,000,000 Billion
Allocation => 429.7 Million
Soft Cap => 4 Million USD
Hard cap => 25 Million USD
Currency => ETH, BTC
SPEND ALLOCATION

MARKET OPPORTUNITY

Over 5.0 billion people around the globe are advanced mobile users. It has become the single most important lifeline to connect, conduct business, entertain, buy & sell and pay through the course of our daily lives.

Treon (TXO) will use the mobile phone as the bridge for customers to harness the power of blockchain technology and cryptocurrency. According to the World Bank and GSMA, 3.8 billions of all global mobile users are unbanked. Treon token (TXO) aims to bridge the digital divide for the unbanked, giving them opportunities to participate in the ever-growing online space.

The real opportunity of this fast-moving digital economy is yet to be fully explored across the different utility sectors. The growth and market potential are in the trillions of US dollars across telecom, electricity, natural gas, green energy and water sectors.

Treon (TXO) is poised to seize scalable and sustainable growth opportunities in these sectors over the next 5 years.

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