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Robotina- A Blockchain-based Revolution to Modernize Energy Management

NewsBTC
NewsBTC
Last Updated: March 15, 2018 10:30 am
3 mins read
robotina, energy management

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Created by industry experts and meticulously reviewed
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Robotina, an innovation and control technology company, established since 1990, with a working product “HEMS” (Home Energy Management System), is well-recognized for its utilization of modern technologies to change the way we interact with technology. Robotina already enjoys long-term partnerships with a number of industry giants including Panasonic and Hitachi and has more than 1 million connected points to its IoT platform. Robotina has recently announced its blockchain -based platform, for which the pre-ICO started on February 21, 2018. The platform through its crowdsale campaign is looking at raising USD28.5 million in an effort to expand the utilization of the platform and bring sustainable solutions for increasing electrical energy prices, electrical consumption and electrical grid stability.

The Background

With global energy consumption rates growing at an exponential rate and a range of renewable energy sources playing their role, energy management is the challenge to systematize. There is a need for changing the way we interact with power grids and the way providers interact with the consumers. The key issue is to reduce the gap between energy providers and consumers effectively, by creating a collaborative effort for streamlined and efficient energy delivery and consumption.

How Robotina Addresses This Challenge?

Having years of experience in this sector, Robotina has been addressing the problem with tested solutions, latest technology and a unique three-pronged approach to make an immense effect in this field.

The Three-Technology Blend

Robotina’s unique system blends the best elements of three technologies including Internet of Things (IoT), Artificial Intelligence (AI) and blockchain technology for modernizing not only energy consumption processes but also letting consumers decrease their costs while increasing safety.

How Does it work?

Robotina has its own in-house R&D Team. It is an EU company with over 50 experts focused on innovation in automation and control technology.

The first step in the process at consumer level involves Robotina’s proprietary energy based IoT device. After receiving Robotina’s unique Energy Management System (EMS) device, consumers can start reducing their consumption by monitoring and optimizing their entire usage cycles. The EMS device collects data that is then used to benefit the user by optimizing consumption patterns through their unique AI implementations. Additionally, users earn the platform’s native token through group energy purchases and data sales, which they can then use for additional services provided by Robotina.

Robotina’s business model includes the entire vertical, from energy suppliers to grid operators. GOFLEX community and NEDO Slovenia are comprehensive showcases of this scope of cooperation.

Devid Palcic, the CEO of Robotina says:

“After implementing 1000+ successful projects in Germany, Austria, Slovenia, Switzerland, South Africa and elsewhere, it was time to upgrade our game and give our clients a better, even safer decentralized solution. This development is completely in line with our vision to become the leading provider of smart connected solutions, components and platforms which will contribute to a new model of connected society. We are looking forward to bringing the measurable benefits our ICO investors will be seeing”

About Robotina Tokens (ROX)

The Robotina Tokens (ROX) fuel the platform and run all the utility offered by the ecosystem. Token holders can verify their status on the platform, take part in group energy buying, get discounts on services provided, and use the Robotina App Store.

The 70% of all Robotina Tokens are being offered in the crowdsale, ensuring democratic distribution of tokens and growing number of participants.

How Robotina Competes in the Market?

Robotina’s key competitors are Power Ledger and WePower, operating in the blockchain-based energy space. What differentiates Robotina from its competitors is its utilization of a broad range of technologies and current practices that can potentially make it the topmost player.

Unlike blockchain-based solutions offered by Power Ledger and WePower, Robotina raises the mark by using both AI services and IoT devices to optimize energy consumption levels and check performance. It has a patented technology, a working product and an already-established business record. Besides software development and financing, Robotina specializes in automation that aims to ease the process for the consumers.

Though WePower, Power Ledger and Robotina are all operating in similar marketplace, Robotina enjoys an edge due to offering both software and hardware services, energy crowdfunding, community-based data exchange and fault detection.

About the ICO

Robotina Pre-sale ICO is going-on, offering Robotina Tokens (ROX) with 10% bonus. The average ROX price will be set at $0.05. Presale hard cap is $15.5 M. Though Robotina platform enables payment with several other other tokens, coins or fiat currencies, but only ROX transactions are eligible for special discounts.

To know more about the platform and participate in its on-going pre-sale ICO, please visit https://www.robotinaico.com/

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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