MEET NEW GENERATION ENERGY SYSTEM: Bittwatt

During the first days of humankind, people would go outside their house, tent, or cave; gather some dead branches or chop down a tree; and that was their source of energy. However, during the past few centuries, demand for heating, cooling, light and processes varies with activity in the world economy, technology and efficiency measures has incredibly increased. This is particularly true of oil, but also of all the other energy types: coal, electricity, natural gas, and nuclear fuel.

The growth in world energy demand in the coming decades will be very large, an increase of as much as 35 to 40 percent by 2030. Even with much greater energy efficiency, rising incomes and standards of living will mean much greater requirement for energy.

Over 80 percent of world energy is supplied by carbon-based fuels—oil, natural gas and coal. The interaction of environmental concerns with energy will continue to shape the energy marketplace. The biggest question is climate change and carbon.

Global energy needs are expected to grow, with fossil fuels remaining the dominant source. Efficient use of energy is one of the most important things. Because it is difficult to produce, very expensive and limited. I will introduce you here today with the new approach is a revolutionary platform that aims to solve many existing problems. This new approach can be called a new mapping ecosystem for the energy sector: BittWatt. In short, BittWatt is a platform that connects electricity producers, suppliers, consumers, eliminating existing inefficiencies, enriching with a block chain designed to centralize procurement and forecasting requests, and reduce costs that cannot be reduced before.

Bittwatt's make all parts of the energy ecosystem benefit from an easier, error-free and very fast platform by making parts of information that are crucial and valuable in the process of energy operations an independent block chain. At the same time, it is a mapping platform that includes all of these, energy supply, billing system and decentralized service for balancing. For more information about the Bittwatt approach, please visit the website at www.bittwatt.com.

In addition, it is worth pointing out that the Bittwatt Platform has removed the bureaucracy dependency by synchronizing the consumption metrics and the required data in the block chain. Bittwatt also simplifies existing day-to-day operations by eliminating operational costs and transfer fees. As a result of all this, Bittwatt is able to automatically convert normal consumers into smart consumers by optimizing energy transfers within a workflow framework.

How does Bittwatt do all this? This platform enables the supply and demand mechanisms in the network with secure and uninterrupted operations through block-chain technology. Power plants, suppliers and consumers register on the platform, and the match between offers and requests is done through smart contracts. Bitwatt is a system that integrates all the actors in the energy sector, from the production of energy to the consumption phase. It carries all the other processes of production, invoicing and mind of the energy to a block chain-based infrastructure. With this system, the bureaucratic obstacles will be removed, the transaction fees with various names will not be cut, and the low cost, sustainable energy system will be brought to life. Those who are members of this platform will get a chance to make goods cheaper thanks to energy-free costs. The creation of conscious consumers is another purpose of the system.

The Bittwatt platform enables energy efficiency through smart contracts by minimizing the environmental factors and possible risks for production, transport, conversion, distribution and use of energy to ensure energy partnership and energy security.

ICO Information and Token Sale

Road Map

Team

References

Web Page: https://www.bittwatt.com/
Telegram: https://t.me/bittwatt
Twitter: https://twitter.com/BittwattPteLtd
Facebook: https://www.facebook.com/energyforthe21century/
Linkedin: https://www.linkedin.com/company/bittwatt-pte-ltd/
Whitapaper: https://www.bittwatt.com/static/files/Bittwatt-Whitepaper.pdf

Bountyhive link: https://bountyhive.io/join/Bittwatt
Bountyhive Username: roadsafety
Author: https://bitcointalk.org/index.php?action=profile;u=1252009