Electricity is the world’s most important source of energy. Unfortunately, the increasing consumption of and demand for electricity caused by global population growth could seriously endanger our quality of life in the near future.

The price of electrical energy has never been higher. When too many users overload the network, that causes uncontrolled peaks and grid instability. As a result, power companies need to increase their production (as well as their prices). That affects not only consumers, but also the environment. The development and adoption of new technologies — even eco-friendly products like electric vehicles — can make this problem even greater.

The increase in electricity consumption and price over the past 40 years.

Another key problem is the unreliability of energy sources. Solar and wind power plants produce electricity only when the weather is favorable, which often causes deficits in the network. But the opposite problem also occurs when energy production exceeds demand.

Redundant resources go to waste if they are not used, and most current technologies don’t allow for price-favorable storage of excess electricity. Luckily, Robotina’s expert team has come up with an innovative solution to reduce waste and lower the cost of electricity for consumers.

Robotina’s IoT platform combines multiple technologies — AI, Internet of Things (IoT), and blockchain — to reduce electrical energy consumption, lower costs, and optimize the functionality of the entire electricity grid.

By combining these revolutionary technologies, the platform can monitor and control electricity production, distribution, and usage in real time. Users will receive their Home Energy Management System (HEMS), which establishes two-way communication between the user’s household and the platform.

HEMS measures the energy consumption and behavior of all electrical appliances, from which it ascertains the household’s usage habits. This data is completely anonymous, but is shared with network operators and energy distributors so they can rationalize the allocation of electricity resources across the grid. These processes are fully automated and powered by blockchain technology.

This is just a small part of the whole story. Robotina is a company with a long history of success and a very ambitious goal: to become one of the leading providers of smart energy management solutions in the world. To achieve this, we’ve started an ICO crowdfunding project.

Apart from saving energy and reducing costs, users and collaborators involved with Robotina’s IoT platform will enjoy numerous other advantages. This is all fueled by ROX, a smart token built on the Ethereum blockchain standard. ROX will become the standard currency for transactions made within Robotina’s ecosystem, and those who use ROX will enjoy further discounts.

The current projection is that the platform will expand to reach a global audience by 2022. Of course, the best part is that you can contribute, no matter where you live!

Visit robotinaico.com to get your ROX and join the electric (r)evolution!