TREON - Bringing Crypto Revolution To Utility Payments

Treon is a token based blockchain with a mobile dashboard and wallet solution for utility bill payments, especially designed for the billions of customers using public utilities to settle their bills using blockchain smart contract technology. Treon is a new form of private, instant, verified and reliable transaction.

Easy and convenient, Treon is totally transparent and trustworthy, a one-stop-shop for utilities bill payments through just the one dashboard. Real-time, trackable and cost reductive, Treon makes paying your bills effortless and seamless, from virtually anywhere.

Treon is a platform on the Ethereum blockchain built to enable consumers around the world to manage and pay their monthly utility bills for usage on telecom, electricity, gas, and water networks. The mobile phone as a mainstream digital, always-on tool is one of the cornerstones of Treon’s business model and mass adoption strategy for the billions of consumers.

VISION

Treon intends to end up the new "Utilities Money" to execute on and off utility systems. We imagine a reality where managed an account and unbanked buyers are similarly getting a charge out of the accommodation and security of knowing and paying for what they utilized from minutes of voice calls, gigabytes of data, kilowatts of power, warm units of petroleum gas, or gallons of consumable water. All from one on the web and united dashboard running on their cell phones and paying for such use utilizing their preferred money – crypto or fiat – by couple of basic snaps.

Treon team designed a robust and unique digital platform, smartphone app and a wallet to enable customers to manage their services from one place with utility providers and pay for their usage through a consolidated application, which is connected to each provider through open and secure interfaces. In addition, to grow this new ecosystem, Treon will reward customers every time they use Treon tokens (TXO) to top-up their utility accounts or settle their utility bills.

Moreover, we envision that utility companies will find Treon tokens one of the leavers for their long overdue digital transformation. We strongly believe that Blockchain smart contracts is the eminent next wave of automation for utilities to manage and settle bilateral/multilateral agreements amongst them. The efficiency, speed, and savings Treon platform and TXO tokens will bring to bear is a strong attraction for utilities to adopt. The way public utilities are managing interoperability agreements amongst them is ready for disruption from within. The Treon token ecosystem will digitize these agreements on smart contracts so that telcos’ interconnect and international roaming agreements (IIR), energy companies’ power purchase agreements (PPA) or wheeling agreements, etc. would be managed and settled via cryptocurrency using TXOs. We envision Treon as a strong enabler of digitally transforming the utilities industry on the consumer and enterprise fronts.

WHY CHOOSE TREON?

Treon is a robust, modular, Ethereum blockchain-based, decentralized utility payment gateway and processing wallet app that any consumer can use from around the world to pay their utility bills. Treon aspires to become the tool and token of choice in a completely decentralized and inexpensive way.

For unbanked customers, there are assured benefits of using TXO tokens. Obviously, there is a learning curve for the customers to learn to access TXO as a settlement tool so in the interim we are offering and will continue to offer other payment tools. Treon’s core purpose is to provide all sorts of payment methods that exist today for the customers around the world to try to ease their day to day pain as we foresee that cryptocurrencies will be part of the regular day
to day transactions in the future.

Treon is building a new form of services with its digital payment tool in a sector that had little customer-centric innovations for years. The blockchain technology is offering vast opportunities for utilities to grow cost efficiencies and profitability while offering consumers greater control over their usage with financial freedom.

Treon utility wallet application is designed to help consumers to leverage the potential of an e-wallet medium to precisely organize and manage the utility payments while preventing the pitfalls of traditional bill payment services. Mobile wallet applications have already become a ubiquitous and indispensable home tool as it brings enormous benefits and convenience for people around the world at their ease.

TREON PLATFORM

TREON provides a platform for easy online bill payment which rids of the time and energy waste. It is empowered by the blockchain technology which forms a network of blocks which store information and allow the user to create an accessible profile. The TREON wallet embedded into the app is enabled to contain various types of cryptocurrency and is thus sufficient by all means.

The fast-moving digital economy is another reason to be a part of this project. The users can enter the new and unknown world of cryptocurrency by just paying their regular bills. This will increase the participation in the cryptocurrency market. The tokens or the digital money is used on the platform to speed up the processes of payment.

The corporate sector and the energy and telecom sector will be able to see a surge in quick and timely payments. Mobile phones have become the most accessible media and TREON makes bill payments equally accessible by launching it as an application for cell phones.

The Treon Blockchain Platform is centered around the adoption of using Ethereum ERC20 paradigm and blockchain sensitive framework in solving consumer challenges of bills and utility payment in a more secure and dynamic fashion. Hence, with the Treon the payment of bills will be easy, flexible and accessible. Treon is a one click token for utility payments. It is digital and will aid financial convenience for the users. It hopes to stand among Bitcoin, Ethereum etc. as a leading currency for other form of transactions which are valid and accepted currencies. Treon stands as a fully operational smart contract token. It is decentralized as a platform of utility and more than anything adaptive for the users. It stands to enhance, encourage, provide and prevent every form of losses when users pay their utility payments and bills. TXO is to be generally projected for flexibility and adaptability.

BUSINESS MODEL: THE FUTURE OF UTILITY PAYMENT EXPERIENCE

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

Treon gives 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-effectively manage their business dealings.

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

PROTOTYPE

FEATURES OF TREON

1 Token, 1 Screen and 1 Click

With a click of a button, you will be able to buy tokens (TXO), view your usage and influence your payments for all your utilities anywhere in the world. Combines the ease of using one interface through multiple payment options to settle bills from Utility companies on a single dashboard.

Easy

Decentralized utility payment gateways and processing wallets applications built for all customers worldwide including those without bank accounts, with a simple and consolidated smartphone app to manage and pay all your payouts across various utility accounts.

Secure

Treon will ensure the integrity and security of e-wallet using a smart blockchain Ethereum contract that works like a multi-signature (multi-bill) wallet. We partner with several expert cryptocurrency purses to provide Treon (TXO) users with the best experience of the crypto ecosystem.

WHAT MAKES TREON UNIQUE?

Improving Consumer’s life

Avoid queuing in long lines to pay bills. Pay bills with one click using TXO tokens.
Consolidated usage dashboard. Smart notifications on service status.
No Bank Account? No Problem… Financial inclusion for the unbanked.
Real rewards for paying with TXOs especially for usage of Green Energy.

Transforming Utilities to What’s Next

80% savings on Transaction Fees for bill payment.
Digitize cross-trade agreements on the blockchain.
Improve operating cost leading to savings.
Provide faster and more efficient cross-trade settlement tool.

BENEFITS FOR CONSUMERS

User Friendly Consolidation View

Customers will easily navigate the dashboard for full view of their consumption of various utility subscriptions; special notification will provide convenient early warning for payment or renewal.

Inclusion from Unbanked

Treon (TXO) aims to bridge the gap for those who do not have bank accounts by providing easy access to the currency that can be used as a settlement tool for various utilities - offering the best service and value for money.

Different Utility Account Management

Treon (TXO) offers the ability to fully and optimally manage multiple utility services on a single interface - a simple dashboard that covers all customer needs.

Change and Optimize Consumption

The analytical capabilities of Treon e-wallet (TXO) will provide smart recommendations on how to optimize use, both to save costs and / or to save energy. Treon also plans to connect with relevant IOT services and use Artificial Intelligence to advance its analytics and service offerings.

Recharging and Payment

Utilizing Treon's ecosystem, customers will be able to complete their payments for each of their utilities using methods that are safe, secure, smooth and usable.

Payment Fee - Loyalty Program

Customers will receive awards in the form of loyalty points when paying off their bills or topping up their accounts using Treon e-wallet (TXO). This will be an additional benefit that customers will receive on any payments they make using TXO.

Smart notifications

Consumers will have the option to tailor different notifications to all of their utility providers to ensure timely updates and, more importantly, to avoid suspension of services due to late payment.

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.

TREON TOKEN (TXO)

The Treon Token (TXO) will be based on the TPP ecosystem. The TXO token is the payment mechanism for utilities adopting Treon Payment Protocol (TPP). It will initially build on the ERC20 standard interface but will extend the money transfer process so that advanced payment methods can be utilities. The TXO token is designed to be different from current cryptocurrencies as it will allow comprehensive all-in-one billing mechanism to be implemented in a flexible way.

TREON WALLET

Secure, reliable, and robust wallet to pay bills from one place using the currency of choice. As described before, customers will receive loyalty points when paying with TXO tokens, and that’s one of the strongest value adds of Treon. The Treon wallet is built with the flexibility to allow customers to transfer between fiat and TXO and other selected cryptocurrencies. Customers will have multiple ways to top-up the wallet with fiat currencies: credit cards (for banked customers), telecom recharge cards, over-the-air top-up, direct purchase of TXO through ecosystem partners (utility companies and their contracted distributors), or crypto exchanges.

TOKEN SALE AND ICO

This token sale event allows participants to contribute to Treon and receive TXO tokens. TXOs will be used for customer accounts top-up, recharge, and bill payments on utilities network. TXOs are not an equity representation of the company.

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
Period of Pre-Sale : 21-May-2018 to 17-June-2018
Period of ICO : 18-June-2018 to 17-July-2018
Pre-sale minimum investment amount : 0.1 ETH
Tokens available during Pre-sale : 118.2 Million TXOs
Tokens available during ICO : 281.8 Million TXOs

Token Distribution and Allocation after ICO:

43% of the 1 billion total supply will be sold during the ICO proceeds (less ICO related costs) will be distributed as follows:

Technology : 60%
Marketing : 25%
Operations : 10%
Legal and Admin : 5%

57% of TXOs will be allocated for future minting, ecosystem, founders and team (over 10 years), as follows:

Future TXO Reserve : 84%
Founders : 9%
Ecosystem : 5%
Team : 2%

Smart Contract will distribute sold tokens after the completion of the ICO. Vesting schedule for team tokens.

To preserve the value of the TXO tokens, all purchased token during the ICO as well as tokens earned:as bonus during ICO sales stages;as Airdrop tokens; and,as Bounty tokens will be transferred within 30 days after the last day of the ICO.

Token Sale: 429 Million TXO tokens are available for purchase starting on 21-May-2018 and ending on 31-Oct-2018. Sales will be terminated if alltokens are sold before the end date.

Unsold TXO will be transferred to the Future Token Reserve

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