Welcome to CryptoNewsICO,
on this occasion I will discuss Bitlumens Project. Why am I writing about the Bitlumens
Project?
Because I am sure you
will need this project in your life very much, this project is very useful for
us all around the world.
Yes please, you guys on
the Bitlumens project.
Preamble
Bitlumens mission is to
provide options to rural communities to displace kerosene, wood or
plastic-dependent households and give immediate access to cleaner, safer, and
affordable energy in Latin America.
Bitlumens brings
electricity from renewable sources using Internet of Things (IoT) and the
Blockchain to women in rural villages in Latin America. Thanks to solar energy
and our technology, people can use electricity, charge their electrical
appliances and even water their crops! Women lease our hardware and pay in
installments denominated in BLS tokens. This allows them to build a credit
score leading to financial inclusion and poverty alleviation. In addition,
family members can buy tokens to send a remittance which could cover the
expenses for the machine, meaning water and electricity bills can be covered.
We also quantify carbon mitigation and particulate matter reduction in each
household to allow women to become carbon credit issuers at a later stage.
The current milestones of
Bitlumens are:
1. The deployment of 100
off grid solar devices by the end of May 2018.
2. The addition of the
software to run the hardware using tokens by the end of May.
3. The deployment of IoT
to track carbon and black carbon mitigation.
4. After June we will be
adding solar pumps into our hardware ecosystem.
Displacing
kerosene and biomass
Combining clean tech,
fintech, the blockchain and cloud computing, Bitlumens offers a software as a
service (SaaS) where women living in rural villages and in need of power can
get access to Sun Home Systems (SHS).
In many developing
countries kerosene (paran) is widely used as fuel for light and cooking. The
use of kerosene as lighting fuel is an important source of black carbon (BC)
and carbon dioxide. Especially in rural areas where most families use dim
kerosene lamps to light their homes at night. The combustion originated from
burning fuel indoors pollutes the air with harmful particles, which can
irritate the eyes and lungs, and can also cause accidents. According to
different studies 3.5 million premature deaths occur each year are linked to
smoky indoor environments. Off grid energy services supplied from renewable
sources can not only displace kerosene usage with ecient Light Emitting Diodes
(LEDs), but also reduce the dangerous side effects produced by combustion.
Other sources of fuel are pine kindling, used in Latin America as a source of
light. Like kerosene, pine kindling often causes health issues, such as
long-term neurological and kidney damage.
Kerosene and biomass
powered wick lamps are far less ecient than solar powered LED lanterns. As
stated by kerosene is a dangerous and inecient fuel used in wick lamps which
provides less useful light compared to solar lanterns. Kerosene wick lamps
provide 1 to 6 lumens per square meter. LED has higher eciency - measured in
lumens per watts- quality and quantity of lighting when compared to kerosene
lamps. The use of LED lanterns entails reductions on greenhouse emissions and
operating costs. A kerosene lamp producing 37 lumens during a period of four
hours per day will consume about three liters of kerosene per month at an
average cost of USD 0.35 per liter in India.
Most off-grid customers
live in rural areas and on less than $2 a day. Therefore, energy accounts for a
significant amount of their spending. However, distributed energy companies
(DESCO) are bringing new forms of financing to the homes of people living in
rural areas.
By generating renewable
power from the sun, DESCO aim at offering reliable energy services and reducing
greenhouse gas emissions in a cost competitive manner. Some of these companies
use “pay as you go systems” to provide access to credit for people who do not
have access to cash. This solution is a leasing, providing the choice to own
the technology once all installments had been paid. Bitlumens provides a
solution to support villagers gaining access to IDs, micro-credits, electricity
by using solar panels and the blockchain. Combining clean tech, fintech, the
blockchain and cloud computing, Bitlumens offers a software as a service (SaaS)
where women living in rural villages and in need of power can get access to Sun
Home Systems (SHS). The latter are user-friendly, eco-friendly, and smart
internet of things (IoT) devices that bring power to the unbanked in places
without power grid. In short, our platform gives options to rural communities
to displace kerosene, wood or plastic-dependent households and give immediate
access to cleaner, safer, and affordable energy in Latin America.
Initial
Markets
We focus on the
intersection of high cell phone availability, low rate of electrification, high
number of adults unbanked, countries with inflation rates below 10% and high
adoption rate of kerosene or other inefficient fuels used for electricity.
The
Solar System
Ideally, our Solar Kit
will initially use a 15/20/50W solar panel and 3000 mAh, Lithium
Ferro-Phosphate (LFP) Battery. We will sell 3 systems coming with different
appliances, i.e. two USB charging ports; integrated dimmable LED lights; LED
Backlit LCD TV; Radio and TV.
The battery should last
for 5 years and the system has a 2 years warranty minimum.
The system must provide
to the final user: available credit, battery availability, electricity
consumed, lighting duration, daily cost and energy output. The data will be
sent to the network on a daily basis between 7-10pm.
The solar kit is
connected to a smart meter and to the user’s cell phone. We use programmable
logic controllers (PLC) that allow the current to be measured. There are
several circuits which can be used to determine the voltage and current
generation/consumption. Each sensor must be connected to a analog-to-digital
converter (ADC) in the Controller Hardware. We’ll need at least one circuit at
the Solar Panel input and another at the battery output. With these values it
calculates the power produced and consumed. The smart meter works LPWAN
solutions for IoT, which can work for several kilometers distance. Sensors will
provide the data in the form of text messages, such as, available credit,
battery availability, electricity consumed, lighting duration, daily cost and
energy output.
Information
ICO
Token BLS
PreICO Price 1 BLS = 0.0007 ETH
Price 1 BLS = 0.001 ETH
Accepting ETH
Soft cap 1000000
Hard cap 25 000 000 USD
Whitelist/KYC KYC
Restricted areas USA,only accredited investors.
Okay now we are at the
end of the article, my suggestion please you visit the official website,
whitepaper, and their official media below to get more information. Thank you
for visiting my website, see you later.
Twitter: https://twitter.com/bitlumens
Youtube: https://www.youtube.com/channel/UCVMECEULMuewydplMUP2KBQ
LinkedIn: https://www.linkedin.com/company/13638283/
Telegram: https: / /t.me/Bitlumens
Website: https://www.bitlumens.com
Youtube: https://www.youtube.com/channel/UCVMECEULMuewydplMUP2KBQ
LinkedIn: https://www.linkedin.com/company/13638283/
Telegram: https: / /t.me/Bitlumens
Website: https://www.bitlumens.com
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