Bitlumens Review

Introduction

Bitlumens electrify rural areas, help bring down CO2 emissions, foster gender equality and promote financial inclusion through its platform.

billion women remain locked out of the financial system, not least due to the lack of proper identification documents. Identity does not have to remain a barrier for financial inclusion and economic empowerment. In addition, according to the World Energy Outlook, 1.2 billion people don’t have access to electricity while 2.7 billion don’t have access to clean cooking. Only a small portion of rural inhabitants have access to electrification [see Table 1]. Most of them depend on ineŠcient and hazardous fuels, such as biomass, kerosene, plastic, battery torches and candles. Fuels and its combustion process contribute to the release of greenhouse gases into the atmosphere. Among those fuels, kerosene is a source of CO2 and black carbon. Black carbon or soot, a particulate matter (PM) resides only a few days or weeks until a natural phenomenon called coagulation happens, where cloud droplets and aerosol particles attract each other. This phenomenon helps to clean the atmosphere by flushing out aerosol particles. Hence, replacing all kerosene lamps worldwide with solar lights could serve as short-term action to reduce global warming. A single kerosene lamp emits over 100 kg of CO2 per year when used four hours a day.

Globally, burning kerosene for lighting generated 240 million tons of CO2 equivalent a year, around 0.5% of global emissions. In fact, just kerosene lamps replaced in Africa and Asia with solar panels saved 1.4 million tons of CO2 equivalent in 2014 alone. Moreover, on a general basis burning 20 kg wood during one day emits about 200 grams of PM2.5, this equals smoking 10,000 cigarettes.

The energy sector in Latin America and many other developing regions present major challenges to meet energy requirements. In fact, some of these countries rely on fossil fuels to meet energy demand. Price volatility, fossil fuel shortages, governmental regulations on fossil fuel prices, geopolitical settings, power outages and climate change mitigation are major key variables that need to be considered to address energy security. However, the Latin America presents a vast amount of non-conventional-renewable-energy sources such as wind and solar which can be exploited to address power reliability and energy security.

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

Bounty Available

Platform Ethereum

Accepting ETH

Soft cap 1000000

Hard cap 25 000 000 USD

Country Switzerland

Whitelist/KYC KYC

Restricted areas USA,only accredited investors.

TEAM

Okay, you can visit their WEBSITE and WHITEPAPER to get more information. And for those of you who have Social Media, you can visit their social media on FACEBOOK and TWITTER. And for those of you who want to ask something about this Project, you can join their TELEGRAM Group and can also post your questions on their ANN THREAD, Thank you.

Others :

Ann Thread : https://bitcointalk.org/index.php?topic=3163931.0

Github : https://github.com/Bitlumens/

Twitter: https://twitter.com/bitlumens