A vast majority of products consumed today are derivatives from energy. From industries to similar businesses, electricity features in their operations.
As it stands today, the world had seen the best of technology. The century had witnessed influx of technological milestones such as internet and the blockchain. The latter is the wiz kid of the moment; drawing attention unto itself because of its impressive features.
Hence, the application of electricity cannot be underestimated. Africa for instance is literally backward when it comes to energy provision. The continent so far cannot measure up standards because of this downside. That is why it banks on products from the "outside world". Beatrix is here to make Africa as developed as other continents. Hitting the core spot of energy provision, the platform is set to make electricity supply seamless.
Energy Sapped from Happiness
The project itself is solving one of Africa's problems. However, its goal to lighten up the region and its people was because of its background. Its name which is a combination of Dutch and Latin deductions implies a girl that brings happiness. Africa is poised to derive quality power supply from the platform.
First, Beatrix is fostering peer energy. With backing from the blockchain and support from the smart contracts, end-users can share energy among themselves on the ecosystem.
Green and Renewable Energy
Recently, there have been improvements in energy renewal. The problem with the system is high costs. Beatrix solves this by bringing innovative ideas that will feature in low-cost and green energy. In the future, residents of the region will have clean and cheaper electricity.
Decentralized Power Supply
I'm sure you haven't been able to share electricity with your neighbor. Apart from connecting your apartments to same power source, energy transfer is not possible. The major downside is solved by this project.
Beatrix is distributing electricity in its ecosystem and empowers users to do same. The blockchain remains the major avenue to achieve this. Since available energy towers cannot meet target, the platform is working in unison with a EPC company to attain even set-up of energy towers in pre-selected locations.
Typical with traditional electricity distribution, Beatrix developed a decentralized platform. DETD will function as smart contract sigh delegation of distributing and collating electricity payments on the platform.
Uniting Telecoms and Energy
Telecommunication companies are part of the reasons why electricity supply is urgently needed. They are reputed to consume 40% of available energy. At the moment, over 70% of African population has a Mobil device. A close look shows that users spend large sums for communication such as chatting and calls.
To this end, the project is literally killing birds with a shot. There will be uniformity in telecommunication and electricity. Through its RIXPowerMeter (RPM), you can obtain energy credits. These credits are on prepaid basis and are purchased using the RIX token.
On purchase, the metering system notifies you when your credit is almost finished. Available credits can be used for communication and energy consumption. From economist point of view, Beatrix is confirming with the laws of supply.
Token Sales Information
Ticker: RIX
Platform: Ethereum
Token Standard: ERC20
Type: Utility Token
Total Supply: 25 billion
Exchange Rate: 1 RIX= $0.05
Accepted: ETH, EUR, BTC, USD
TEAM
Conclusion
Beatrix has many upsides but the highlighted are few out of many. The magnanimous gesture of providing electricity even to rural areas is worth commending. Priding itself as the first blockchain platform towards this scope, Beatrix has through its project, opened the pathway for sustainable energy in Africa.
Learn More:-
Website: http://www.Betarixico.com
Whitepaper: https://www.beatrix.social/#whitepaper
Twitter: https://twitter.com/BeatrixICO
Facebook: https://www.facebook.com/beatrixico
Learn more in the Telegram group and interact with the Team: https://t.me/joinchat/GgJ1ahJVDFpoVOYLVnszCQ
Writer: Collinberg
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780