Overview:

Treon is a blockchain project which consist of mobile dashboard and wallet which will be used by the consumers to pay their utility bills. The utility bills include bills for usage of telecom, electricity, gas, and water networks. Treon aims to develop a digital platform where any one can pay for all the utility services from one place. Users can pay the bills either with cryptocurrency or with fiat. This project will also reward its users for paying their utility bills through this platform. The utility companies will get benefits like efficiency, speed and savings by integrating Treon platform. Treon tokens (TXO) will be used in this ecosystem.

Challenges Faced Today:

Consumers of telecom, electricity and water are facing many problems like they do not get incentives for paying bills on time and there are no loyalty rewards for the consumers. Consumers do not get a platform or an app through which they can manage any pay all the utility bills from one place. On the other hand, the utility service providers also face problems like increased operating costs, demands for improved customer experience, cyber security issues, and meeting regulatory compliance requirements.

Solution:

Treon is providing solution to all the problems addressed above. With the help of blockchain technology the utility service providers will get better cost efficiency. Consumers can pay all their utility bills from one digital platform. Consumers get more benefits such as lower transaction fees while using TXO tokens, digital payment options, security and fraud protection. Consumers can also pay their bills with TXO tokens or other cryptocurrencies. This platform also rewards the users for paying bills on time thus providing value for the customers.
Treon will integrate all the service providers on this platform to enable the consumers to pay their bills on this platform.

Treon Utilities App and Wallet:

Usage Dashboard: This dashboard will enable the users see their household utilities account on one screen. This dashboard will be “on-mobile-dashboard” thus making it more user friendly.

Wallet: The e-wallet which will be integrated into this platform will allow users to pay with the currency of their choice. Loyalty points will be given to the users whenever they pay using TXO tokens. This wallet will also provide flexibility to the users to transfer their fiat to TXO tokens or to other cryptocurrencies.

Digital Platform: Treon digital platform is developing an API layer so that utilities can integrate with this platform This platform also consist of the integration protocol of the app and wallet with utility companies’ systems to present usage data and carry out bill payments.

Team:

Hesham El Metainy - Treon Founder, Strategy
Hesham is an accomplished executive with 25 years of experience in global Information & Communication Technology (ICT) companies. He reshaped major corporate strategies and led the design and implementation of commercial operations across MEA region and succeeded in overachieving revenue targets.

Khaled Khorshid - Treon Founder, Technology
Khaled started his 25-year career with leading consulting firms Accenture and EDS where he led technology projects for disrupting old and creating new business models. His most recent was a Silicon Valley startup revolutionizing delivery, billing, and payment of solar-powered micro electricity grids in Africa and Asia. He is a digital transformation specialist, advisor to few startups, and a crypto entrepreneur.

Mohamed T. Kesseba - Head of Marketing
Mohamed Manages Marketing as part of the strategic fulcrum of Treon. A Marketing and Strategy executive with 20 years of experience both B2B and B2C models who achieved an established record of influencing multi-million dollars in revenue, building new businesses from vision and strategy through execution. He held senior international positions at leading fortune 500 companies and is knowledgeable of major global markets across four continents

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

Verdict:

Pros:
• The social media hype of this project is very good. It has around 21,000 followers on Twitter and around 26,000 members on Telegram.
• The team behind this project has good experience in global information and communication technology, telecom industry, It, blockchain project development, Marketing, ICOs, cryptocurrency etc.
• There are 8 advisors behind this project who are from different backgrounds such as telecom industry, operational experience in finance and management, project management, etc.
• The prototype of this project is available in the Google play store.

Cons:
• The concept of this project is already existing in the market which is Paytm and almost everyone is using it currently. Switching to this blockchain project from the already existing solution is still a big question.
• The prototype of this project has only 50+ installs till now which indicates a very low reach.
• The partnerships of this project are not available on the website and whitepaper.

Website: https://www.treon.io/
Whitepaper: https://www.treon.io/data/Treon-WhitePaper.pdf
Telegram: https://t.me/TreonOfficial
Twitter: https://twitter.com/TreonNews
ANN thread: https://bitcointalk.org/index.php?topic=3403731

Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c