Are you passionate about environmental protection, human rights, the Blockchain and cryptocurrencies? If you do, and let me say we have a lot in common, then do some research on this super interesting project called Bitlumens. Before getting into details and start talking about complicated technical stuff, here’s a very simple description. Many people are living in poor conditions; they don’t have access to electricity and totally rely on finite, polluting resources, such as kerosene lamps, wood, and generally scrap material they have access to, for their daily needs like cooking, heating and so on.
We live in the civilised world and perhaps cannot even imagine what those people have to endeavour every day but try this: live one single day without electricity! You won’t be able to do 90% of the stuff you normally do. Now imagine thousands of people living in similar conditions. They don’t have an option: they need to rely on the resources they have to survive. Burning wood, plastic and other material (like fossil fuels) produces huge quantities of CO2, which are released into the air. They can also permeate the soil and water and pollute them too. We can see how this poses a threat both to the health of those people, to the planet and, hence, indirectly to all of us.
Luckily there’s a solution to this: the Blockchain. Bitlumens aims at bringing ‘off-grid electricity from renewable sources to women in rural villages in Latin America, leveraging on Internet of Things (IoT) and the Blockchain’. Basically, they want to provide clean energy alternatives to those people living in remote villages of South America and give them a chance to live a better life. It seems a very bold mission, and the question is how can they do it?
Bitlumens’ Solar Home System (SHS) will be leased to villagers, allowing them to collect solar energy, store it in batteries and then use it for everyday necessities. The Solar System will work with BLS tokens, the native tokens of the platform, based on the ECR-20 Ethereum blockchain. The tokens can be purchased from a local agent in Fiat currency and then used to pay for the leasing of the solar system, as a store of value (because they will also be traded on exchanges) and can form the basis of a credit score too.
The positive consequences of adopting this system are various:
Villagers can access to electricity even if they’re unbanked and are cut out of the traditional on-grid system.
They can get access to clean energy, which reduces the risks of pollution-related diseases and generally improves their quality of life.
Women are chosen to be the guardians of the Solar Home Systems, which can reduce gender gap and empower them in rural societies where man are the dominant figures.
it creates new job opportunities because agents are selected among the members of the rural community.
it helps to protect the environment, reducing pollution and helps to respect some of the goals set out in the UN sustainable development goals of 2020.
The roadmap looks promising, they have already an ongoing pilot project in Guatemala where they plan to deliver 100 solar panels within the first quarter of 2018. BLS tokens can be purchased during the Pre-sale, May 29th — June 18th, and the ICO, June 19th — July 16th. There is so much more to this project which needs to be analysed, and the best way to do it is by reading their very well written Whitepaper and their website: https://bitlumens.com/. If you want to be part of the community feel free to join their telegram group: https://t.me/BitlumensNews.
Disclaimer: this article does not constitute an invitation to purchase or sell securities in any jurisdiction or a solicitation or investment advice in Bitlumens, BLS tokens or any other cryptocurrency, and is published for information purposes only. The reader undertakes to carry out appropriate research and in any case to consult a professional before taking any decision regarding Bitlumens.
