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BittWatt [BWT]

Welcome my friends to a new interesting ICO today and let’s see their great idea:

Energy for the 21st century

The Bittwatt ecosystem is basically a matchmaking platform which associates makers, energy providers and keen shoppers (and additionally prosumers) keeping in mind the end goal to execute energy in a structured path. It is an adaptable framework that makes the best of every single accessible asset and can address client issues significantly more productively.

The project vision, mission and path:

The project vision is a universe of shrewd customers in an economical energy framework with negligible expenses for all gatherings.

The project mission is to be the principal universal platform to incorporate and encourage collaboration between all market administrators for the advantage of the purchaser.

The project objective is:

  • making a blockchain empowered energy exchanging market that is basic, straightforward and conveys more an incentive to every one of its clients.
  • growing all around (London, Bucharest and Singapore being as of now being worked on).

The BittWatt Platform:

The group is building a savvy, adaptable framework that benefits as much as possible from all energy sources and empowers them to surpass the clients needs in an adjusted and monetarily proficient environment that learns and advances. For this reason, the group have begun building up another commercial center for power adjusting and exchanging – which is blockchain empowered – that boosts makers and opens up rivalry on a level play area.

The stage will be available to everybody in the business – paying little mind to estimate – running new advancements close by industry standard applications. This market structure is intended to enable clients (makers, providers or dealers) in applying adjusting forms, and requires little mediation from Bittwatt as a System Operator.

How it functions:

Makers, providers, lattice administrators and purchasers must enroll on the stage in light of KYC criteria. The match amongst offers and demands is to be met through shrewd contracts that work based on exclusively characterized rules (e.g. particulars according to amount, sort, cost, etc). The stream of power is then consequently coded into the blockchain and calculations coordinate purchasers and merchants, progressively, in view of their foreordained arrangement of inclinations. At last, keen contracts execute when power is conveyed, accordingly setting off the installment from purchaser to merchant.

The stage, in this way adjusting the energy provided and that conveyed, charges merchants who conveyed pretty much energy than indicated in their calendars. Such deviations are resolved from keen meter readings from shoppers and makers.

To guarantee generation matches request consistently and impeccably, the Bittwatt stage will:

  • Enable the sharing of ongoing utilization information through the blockchain (making a shrewd request reaction program)
  • Make utilization of an exceptionally solid framework that will have the capacity to coordinate request with supply in realtime, in light of the criteria set by each gathering;
  • Integrate hold age limits – as Bittwatt can approach control plants to increment or abatement their yield for restricted timeframes through the adjusting component arrangement of offers and offers.
  • Integrate a keen request reaction programs that purchaser can participate in by offering their unused power on top value periods to diminish weight on the matrix (which) really decides high costs.

The project benefits:

  • Cost diminishment in correlation with other energy exchange frameworks;
  • Transaction speed increses;
  • Scalability (the venture gives the likelihood of development to an extensive number of members/clients/exchanges);
  • Disintermediation (influencing business to display conceivable that don’t require middle of the road parties)

Products & Services:

  1. Electricity billing / payments / forecast
  2. E-Mobility & Energy Roaming
  3. Arbitrage Energy / Exchange
  4. Peer-to-peer Settlements

The Project Roadmap:

2017

  • The idea
  • Business plan preparation

2018

  • Presale & Crowdsale
  • Listing on exchanges
  • BittWatt mobile app for smart consumers
  • BittWatt platform for smart operators

2019

  • BittWatt marketplace (B2C & B2B)
  • BitWatt international integration
  • Roaming & Crossborder
  • Exchange fiat & cryptocurrenty

2022

  • Final integration of the platform

The Project Team:

BittWatt has been designed and created by a highly experienced team of 17 member of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.

  • Christian Hagmann – General manager & Co-founder
  • Daniela Cristina Stoicescu – CEO & Co–founder
  • plus BittWatt team & advisers

Finance:

  • Token: BittWatt
  • Abbreviation: BWT
  • Platform: Ethereum
  • Accepting: ETH, BTC, COSS
  • Total Supply: 400m BWT
  • 1 BWT= 0.12$ ( average market price for 1 kWh)

More info:

Tokens Sale availability:

  • Start date: 1.Apr .2018
  • End date: 14.May .2018

 

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Project verified by Bountyhive.io – A Fully Featured Bounty Platform For ICOs

About the author (alexicotrick on bountyhive)

My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.

Your donations to www.icotrick.com project are highly appreciated. MEW address: 0x70912D44a60D099ECac3Ea568aEeB1dDCa2BA3A5

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