TREON – Blockchain Based Utility Payments Platform

Introduction
TREON is a blockchain based mobile dashboard which provides wallet solution for utility bill payments, for those billions of customers who are using public utilities to settle their bills using blockchain smart contract technology. TREON is providing private, instant, verified and reliable transaction. This platform is built on blockchain to enable consumers globally to manage and pay their utility bills for usage on telecom, electricity, gas and water. This is all-in-one platform which is running on the smartphones and paying for usage using the currency of your choice – crypto or fiat, by simple clicks. They are rewarding customers every time they use TXO tokens to top-up their utility accounts or settle down their utility bills.

Problem
Today, consumers of telecom, electricity, and water are facing with many challenges. Customers facing bad experience especially unbanked one who find gaps between the promise of the actual utility companies and they get different service and experience in return. Lack of simple smartphone apps to manage all your utilities bill payments at one place. There is no rewards or incentives for on-time payment customers.

Solution
TREON is come up with the idea to decentralized utility payment platform and processing wallet app from that any customer can use globally to pay their utility bills. For unbanked customers, they are providing benefits of TXO tokens to access their platform as a settlement tool as a payment process. The main purpose is to provide all sorts of payment methods through currencies like cryptocurrency or as well as fiat one. They are providing consumers a lower transaction fees with the use of their TXO tokens, digital payment options, security, and fraud protection. Also offering to spend their TXO tokens and other cryptocurrencies with their utility providers.

Benefits

To Consumers:

1. User-Friendly & Customized Notifications Platform – Customers easily navigate their dashboard for their various utility subscriptions and get customized notification alerts for payments or renewals earlier.
2. Inclusion of Unbanked – They are bridging gap for the unbanked customers by providing an easy access to a currency which is being used as a settlement tool for different utilities.
3. Management of Differently Utility Accounts – Providing all-in-one platform or a dashboard where you can manage all your utility services more easier and simple way by only clicking.
4. Rewards on Payments – Customers will get rewards in the form of loyalty points for settling their bills or topping-up their accounts using TXO e-wallet.

To Utility Companies:

1. Savings on Transaction Fees – With the introduction of TXO tokens, there will be savings up to 80% on the current fees with low commission related to current bank and credit card system.
2. Industry Participation – This will go a long way in the utility world by connecting with the utility service providers and other similar industry will create positive and cooperative relationship with them and build more consumers trust.

The Team
Hesham El Metainy – Founder – He’s having 25 years of experience in Global Information & Communication Technology (ICT) Companies. Previously worked with various companies such as Cisco Systems, Logica, Orascom, and Zain in Africa and Middle East. He is a seed investor and advisor to several technology and crypto ventures.

Khaled Khorshid – Founder – He’s having experience of 25 years career with leading consulting firms such as Accenture and EDS. He’s having expertise in energy and telecom utilities industry and a crypto entrepreneur.

Mohammad T. Kesseba – Head of Marketing – He’s having 20 years of experience in marketing and strategy in both B2B and B2C models. MBA holder ESLSCA Business School, France.

Token Matrix
Token – TXO
Total Supply – 1 Billion TXO
Price Per Token – 1 TXO – $0.11 USD
Soft Cap – $4M USD
Hard Cap – $25M USD
Accepting Currency – ETH, BTC

Social Media Reach
Facebook – 12620+ Followers – https://www.facebook.com/treon.io/
Twitter – 21.8k+ Followers – https://twitter.com/TreonNews
Telegram – 26015+ Members – https://t.me/TreonOfficial

Verdict
The Social Media hype is excellent, and they are active on their Telegram Group.
The Website and Whitepaper both explained very well in detail where you can find easy to understand this project.
There are 7 core members in their leadership team who are having experience in Marketing, Designing, PR, Retail & E-Commerce, Blockchain Technology. They are an MBA and PhD holder from reputed institutes.
They have 8 advisors on board who are having experience in Marketing, Finance, Telecom, and Blockchain Technology. They are also holding a position of CEO, CTO, Advisors, Founder of many leading companies.
The Roadmap is provided till 2022 and their MVP is already available on Play Store, but they have only 50+ installation.

For Detailed Information
Website – https://www.treon.io/
Whitepaper – https://www.treon.io/data/Treon-WhitePaper.pdf
ANN Thread – https://bitcointalk.org/index.php?topic=3403731

Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392