Bitlumens: electricity in your hands
The energy sector consists of a lot of sources from electricity, water, wind energy and what not. Energy can be created and spent to benefit the human race in the difficulties and the regularity. As the times advance more and more, technologies in the energy sector show a new day every time the sun rises up. From various sources to their applications, the advancements and innovations do not stop. The benefits of these innovations are not reachable by the common masses though.
The Hitch
The world is a big place and to reach out to the corners of it is the most difficult task faced by the ones screaming "global". The earth is round but not round enough to circle the whole population in one part. The rural or the backward portions of our population stare blankly in our faces while some lucky ones reach out to the heights to make lives better. One such hassle is the energy sector for the backward or the developing areas of our planet.
Despite the technologies evolving the energy sector, terms like electricity and water energy stay alien to these people. Not only do they live in dark but they dream the dreams have the energy in their homes. These households use environmentally harming techniques like coal and wood burning to make up for the insufficient means of cooking and light. In order to reach a better future, the society needs to go hand in hand. Energy needs to be made reachable for the deprived and developing areas. But how can this be made possible??
The Enlightenment in the Dark
As inevitable as the problem sounds, there is indeed a solid solution for it. BITLUMENS is the name of the project which is going to light up the lives of these homes and give them the life they wish for. BITLUMENS is a software for service platform which will provide a place where the users find the electricity and humanity, hope.
The platform will render out solar power to the electricity and power deprived households with the help of blockchain technology. The user can demand solar panels to be instilled in their homes by issuing requests on the app. These requests can then be seen by the banks for financial services and instalment purposes. In this way, the users will be contacted by the banks for a bank account and the solar energy can evict the other energy means which are harmful to the mother nature.
All these exchanges of information will be done with the help of the BITLUMENS token. The users will pay with tokens for issuing requests and the banks will pay for the access of user information. These tokens will be paid to the user as financial support later on, for installing the energy system.
The blockchain technology will ensure the safety of the personal data fed on the platform and it will also support a rewards system based on a user's history.
The Tokenization of Energy
The tokenization of the market would lead to a major cryptocurrency involvement and popularisation of the future concept of the cryptos. The token used for the smooth running of this project is called as the BLS token. It is another form of an ERC20 token and is based on the Ethereum blockchain. The hard capital required to make the lighting project into a reality is 25 Million USD.
The Conclusion
Where on one hand, the world is facing major unemployment and gender bias in the rural places, energy and its applications are major issues that need to be solved first. BITLUMENS aspires to become an idea of the masses and make the rights of the people reach to their households. Basic electricity is not a luxury, it is a necessity. And BITLUMENS will make it possible, for everyone to make their necessary dreams come true!!
Website –https://www.bitlumens.com/
Whitepaper – https://www.bitlumens.com/assets/bitlumensdata/White%20Paper%20May%202018.pdf
ANN - https://bitcointalk.org/index.php?topic=3163931.0
Telegram – https://t.me/BitlumensNews
Published by etheran
Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1108165