Cryptocurrency

BitLumens 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: • The deployment of 100 off grid solar devices by the end of May 2018. • The addition of the software to run the hardware using tokens by...