You asked we answered – FAQ’S2018-12-05T17:03:51+00:00

FAQ’s

Answers to the questions you’ve asked

COMPANY RELATED

The team members are employees of Robotina and external consultants. Team members are experts with an extensive experience of few years in their field inside this company

Our business model is based on the services provided by Robotina platform. Users will connect to the platform with HEMS which is supported and analyzed by Artificial intelligence and Cognitive operation system which is based on exchanging datas for companies and optimizing the future electricity usage for users.
Suppliers will pay for data in order to be able to optimize supply. Additionally, the platform will offer additional business opportunities: group buying, Vircommtual Power Plant and ESCO crowd founding, power sales.

More information about the business model you can find in White Paper.

  1. To enable Sharing Economy business model on Robotina IoT Platform
  2. To get P2P utility token and smart contract based Marketplace on platform
  3. To fund the expansion of existing business and penetration to B2C IoT marketplace.

IoT technology is proven to work and is low cost compared to IOTA tangle based technology which is not yet ready for enterprise solution. We use ethereum based smart contracts cause they perfectly manage the transactions and are ideal for Robotina’s IoT Platform marketplace. Combination of IoT, AI and BlockChain will enable the sharing economy concept never seen before.

IoT data transactions feed the platform with data. Business transactions feed the smart contract with subscriptions denominated by ROX. Please have a look in chapter 5 in WP for Community Economy.

We are using blockchain for business marketplace transactions not for data transactions on IoT network of connected devices. Those data transactions are part of the cloud.

Louvre Abu Dhabi, Abu Dhabi Airport, Dubai Customs, DP HQ and Imdaad HQ, several Shopping Malls in Dubai are some of the references regarding UAE. I would also like to point out we have offices in Dubai so we are heavily involved in Middle Eastern market.

We cooperate with many companies on many projects especially if synergy is possible. I would like to stress out that Telegram is not right place to discuss about business proposals you might have for us. We are here to inform about Robotina IoT Platform and to raise the awareness about its potential. Please contact Robotina about concrete business proposals. Thanks in advance.

No competition. Some people want us compare to a Restart Energy, WePower but that’s funny. They have no control over smart grid as none of them built the energy value chain (Producer, Distributor, End user) based on IoT devices. So they talk about smart grid projects which are not so smart. The IoT based smart grid will able to optimize energy value chain in real-time by real time monitoring and controlling of all connected points of chain. The field is emerging and GEOFLEX consortium where Robotina, IBM and other partners implementing the pilot projects in Cyprus, Switzerland,etc have most practical experience. The subject of ICO is new, and we are the front runners.

The team members are employees of Robotina and external consultants. Team members are experts with an extensive experience of few years in their field inside this company

Our business model is based on the services provided by Robotina platform. Users will connect to the platform with HEMS which is supported and analyzed by Artificial intelligence and Cognitive operation system which is based on exchanging datas for companies and optimizing the future electricity usage for users.
Suppliers will pay for data in order to be able to optimize supply. Additionally, the platform will offer additional business opportunities: group buying, Vircommtual Power Plant and ESCO crowd founding, power sales.

More information about the business model you can find in White Paper.

  1. To enable Sharing Economy business model on Robotina IoT Platform
  2. To get P2P utility token and smart contract based Marketplace on platform
  3. To fund the expansion of existing business and penetration to B2C IoT marketplace.

IoT technology is proven to work and is low cost compared to IOTA tangle based technology which is not yet ready for enterprise solution. We use ethereum based smart contracts cause they perfectly manage the transactions and are ideal for Robotina’s IoT Platform marketplace. Combination of IoT, AI and BlockChain will enable the sharing economy concept never seen before.

IoT data transactions feed the platform with data. Business transactions feed the smart contract with subscriptions denominated by ROX. Please have a look in chapter 5 in WP for Community Economy.

We are using blockchain for business marketplace transactions not for data transactions on IoT network of connected devices. Those data transactions are part of the cloud.

Louvre Abu Dhabi, Abu Dhabi Airport, Dubai Customs, DP HQ and Imdaad HQ, several Shopping Malls in Dubai are some of the references regarding UAE. I would also like to point out we have offices in Dubai so we are heavily involved in Middle Eastern market.

We cooperate with many companies on many projects especially if synergy is possible. I would like to stress out that Telegram is not right place to discuss about business proposals you might have for us. We are here to inform about Robotina IoT Platform and to raise the awareness about its potential. Please contact Robotina about concrete business proposals. Thanks in advance.

No competition. Some people want us compare to a Restart Energy, WePower but that’s funny. They have no control over smart grid as none of them built the energy value chain (Producer, Distributor, End user) based on IoT devices. So they talk about smart grid projects which are not so smart. The IoT based smart grid will able to optimize energy value chain in real-time by real time monitoring and controlling of all connected points of chain. The field is emerging and GEOFLEX consortium where Robotina, IBM and other partners implementing the pilot projects in Cyprus, Switzerland,etc have most practical experience. The subject of ICO is new, and we are the front runners.

ROX RELATED

It is an application specific token, a fuel built on top of the existing Ethereum blockchain, allowing us to return to the community value for their cooperation. Robotina Utility Token (ROX) is the Platform’s Utility token, which will be used in all transactions within the platform. Users can pay for the products and services on the platform also with other tokens, coins or fiat money, but will only receive a special discount when paying with ROX.

ROX is providing a effective mechanism to speed up the collaboration of community on energy effective programs, and directly benefit to individuals and communities. ROX will help to deploy the smart devices “things” across entire energy grid to more strategically target social spending.

Yes, ROX is about green energy.

By owning ROX you will be entitled for a discount when purchasing products and services on Robotina IoT platform.

ROX makes money through the services available on the platform and through the growth on the exchange.

In comparison to other crypto ventures ROX is a utility token becoming profitable from the beginning for users who will want to convert savings on their electricity bill with buying services and products on main site with it.

With purchasing ROX you do not become a company shareholder.

In comparison to other crypto ventures ROX is a utility token becoming profitable from the beginning for users who will want to convert savings on their electricity bill with buying services and products on main site with it.

It is an application specific token, a fuel built on top of the existing Ethereum blockchain, allowing us to return to the community value for their cooperation. Robotina Utility Token (ROX) is the Platform’s Utility token, which will be used in all transactions within the platform. Users can pay for the products and services on the platform also with other tokens, coins or fiat money, but will only receive a special discount when paying with ROX.

ROX is providing a effective mechanism to speed up the collaboration of community on energy effective programs, and directly benefit to individuals and communities. ROX will help to deploy the smart devices “things” across entire energy grid to more strategically target social spending.

Yes, ROX is about green energy.

By owning ROX you will be entitled for a discount when purchasing products and services on Robotina IoT platform.

ROX makes money through the services available on the platform and through the growth on the exchange.

In comparison to other crypto ventures ROX is a utility token becoming profitable from the beginning for users who will want to convert savings on their electricity bill with buying services and products on main site with it.

With purchasing ROX you do not become a company shareholder.

In comparison to other crypto ventures ROX is a utility token becoming profitable from the beginning for users who will want to convert savings on their electricity bill with buying services and products on main site with it.

PRODUCT & TECHNOLOGY RELATED

IoT data transactions feed the platform with data. All transactions on the platform marketplace will use ROX tokens. The electronic bank transfers in fiat currencies and other cryptocurrencies will also be accepted, with which the ROX tokens will be bought on external cryptocurrency exchanges.
At the beginning of platform’s implementation the following sectors will be supported on a marketplace:

  • Hardware and software e-store: IoT things will be available for purchase
  • Native (embedded) benefits: Services offered by the platform, including internal trade and external data sales
  • Cooperative: Users and members will propose and join initiatives
  • Business: Businesses will be able to offer smart services based on smart contracts
  • Social: Initiatives to improve the community and the world

The Robotina platform’s marketplace will comprise of all sorts of connections imaginable segmented into end-user verticals: business to business (B2B), business to consumer (B2C), consumer to business (C2B) and consumer to consumer (C2C). Such a flexible marketplace will generate extraordinary opportunities for organizations, individuals, communities and other entities to gain huge value from networked connections and connected things through services, data, processes, things and people. The platform will leverage the cognitive AI algorithms to enhance current and develop new profitable businesses.

Artificial Intelligence driven services will generate value for community customers by reducing their energy costs, generating revenues and providing them with tools for greater control over their energy use. Robotina’s predictive analytics and machine learning will provide data and diagnostic insights for robust and efficient facility energy management.

HEMS connects to the platform via internet through LAN or WiFi. It is connected all the time and if connection gets lost, HEMS stores the data and sends is to the platform when connection is restored so no information is ever lost.

Blockchain technology is absolutely necessary to create and manage the community which will be global and will form sub-communities which may be geography-driven (Europe, a city, a street) or interest-driven (power selling, community purchase etc.). It will enable the creation of a transparent, secure and distributed storage of information about transactions.

We do understand the concerns, which have been raised. They are valid and would be critical, if our products were integrated on the grid side.

But this is not the case. Our HEMS (Home Energy Management System) in case of households/homes, or BEMS (Building Energy Management System) in case of buildings, is connected AFTER the ELECTRICAL METER and it is only subject to normal in-house (not on-grid) regulations, meaning CE marking for EU and UL for the USA. We are subject to same regulations as smart homes or built-in home appliances.

In EU and partially in USA, electricity supply and grids are decentralized and everybody compliant has the by-the-law right to participate in the electrical energy business. Similar as the separation of roads and the traffic on the roads.

We have realized 1000+ successful projects in Germany, Austria, Switzerland, Slovenia, South Africa etc., so I can guarantee you there is no problem as far as your dilemma is concerned.

Our business models could of course include full vertical, meaning that energy suppliers and grid operators were included. This is what we are demonstrating in the GOFLEX (see http://www.goflex-community.eu/) and NEDO Slovenia (see https://www.eles.si/en/nedo-project) projects. Our platform is unique because it provides REAL, MEASURABLE BENEFITS even without the full vertical cooperation and it can easily integrate vertically.

Home – GOFLEX

The Horizon 2020 project GOFLEX enables the cost-effective use of energy flexibility in distribution grids for regional energy market actors.

We have successfully implemented our projects in 25 countries and have more than 1 million connected points worldwide today. We have installed it in SPEYER, Germany, NEDO SMART GRID PROJECT, ENERGIE GRAZ so the HEMS client base is expanding.

HEMS G1 (Generation One) is already on the market and installed in 1000+ households and second generation, what this ICO is all about, is coming very soon.

So right now, we are collecting orders for HEMS G2 which will be available at least in Q4.

The HW part will be ready sooner, so the first 2000 backers will receive HEMS. SW part will be then automatically updated as new release will be available.

HEMS G1 was sold out.

HEMS comes with the installation guide so you can install it yourself but there will also be trained partners, selected third party installers and system integrators, to execute the installation for you at extra cost.

HEMS doesn’t replace fuses. Fuses are part of existing electrical installation.

Based on market growth estimation for IoT – 20 plus billion connected devices by 2020/2022. Combines with hems/bems market estimation (70 + by 2024 by GWR, ), other dat says 70 by 2021 -m&m. CAGR>18% So, it is reasonable to take very small part of it. Market will permit more, but we also have to organize manufacturing scale up, distribution, train installers, scale up the servers,… which will be a limiting factor. So we will have to limit ourselves to maintain quality of service.

IoT data transactions feed the platform with data. All transactions on the platform marketplace will use ROX tokens. The electronic bank transfers in fiat currencies and other cryptocurrencies will also be accepted, with which the ROX tokens will be bought on external cryptocurrency exchanges.
At the beginning of platform’s implementation the following sectors will be supported on a marketplace:

  • Hardware and software e-store: IoT things will be available for purchase
  • Native (embedded) benefits: Services offered by the platform, including internal trade and external data sales
  • Cooperative: Users and members will propose and join initiatives
  • Business: Businesses will be able to offer smart services based on smart contracts
  • Social: Initiatives to improve the community and the world

The Robotina platform’s marketplace will comprise of all sorts of connections imaginable segmented into end-user verticals: business to business (B2B), business to consumer (B2C), consumer to business (C2B) and consumer to consumer (C2C). Such a flexible marketplace will generate extraordinary opportunities for organizations, individuals, communities and other entities to gain huge value from networked connections and connected things through services, data, processes, things and people. The platform will leverage the cognitive AI algorithms to enhance current and develop new profitable businesses.

Artificial Intelligence driven services will generate value for community customers by reducing their energy costs, generating revenues and providing them with tools for greater control over their energy use. Robotina’s predictive analytics and machine learning will provide data and diagnostic insights for robust and efficient facility energy management.

HEMS connects to the platform via internet through LAN or WiFi. It is connected all the time and if connection gets lost, HEMS stores the data and sends is to the platform when connection is restored so no information is ever lost.

Blockchain technology is absolutely necessary to create and manage the community which will be global and will form sub-communities which may be geography-driven (Europe, a city, a street) or interest-driven (power selling, community purchase etc.). It will enable the creation of a transparent, secure and distributed storage of information about transactions.

We do understand the concerns, which have been raised. They are valid and would be critical, if our products were integrated on the grid side.

But this is not the case. Our HEMS (Home Energy Management System) in case of households/homes, or BEMS (Building Energy Management System) in case of buildings, is connected AFTER the ELECTRICAL METER and it is only subject to normal in-house (not on-grid) regulations, meaning CE marking for EU and UL for the USA. We are subject to same regulations as smart homes or built-in home appliances.

In EU and partially in USA, electricity supply and grids are decentralized and everybody compliant has the by-the-law right to participate in the electrical energy business. Similar as the separation of roads and the traffic on the roads.

We have realized 1000+ successful projects in Germany, Austria, Switzerland, Slovenia, South Africa etc., so I can guarantee you there is no problem as far as your dilemma is concerned.

Our business models could of course include full vertical, meaning that energy suppliers and grid operators were included. This is what we are demonstrating in the GOFLEX (see http://www.goflex-community.eu/) and NEDO Slovenia (see https://www.eles.si/en/nedo-project) projects. Our platform is unique because it provides REAL, MEASURABLE BENEFITS even without the full vertical cooperation and it can easily integrate vertically.

Home – GOFLEX

The Horizon 2020 project GOFLEX enables the cost-effective use of energy flexibility in distribution grids for regional energy market actors.

We have successfully implemented our projects in 25 countries and have more than 1 million connected points worldwide today. We have installed it in SPEYER, Germany, NEDO SMART GRID PROJECT, ENERGIE GRAZ so the HEMS client base is expanding.

HEMS G1 (Generation One) is already on the market and installed in 1000+ households and second generation, what this ICO is all about, is coming very soon.

So right now, we are collecting orders for HEMS G2 which will be available at least in Q4.

The HW part will be ready sooner, so the first 2000 backers will receive HEMS. SW part will be then automatically updated as new release will be available.

HEMS G1 was sold out.

HEMS comes with the installation guide so you can install it yourself but there will also be trained partners, selected third party installers and system integrators, to execute the installation for you at extra cost.

HEMS doesn’t replace fuses. Fuses are part of existing electrical installation.

Based on market growth estimation for IoT – 20 plus billion connected devices by 2020/2022. Combines with hems/bems market estimation (70 + by 2024 by GWR, ), other dat says 70 by 2021 -m&m. CAGR>18% So, it is reasonable to take very small part of it. Market will permit more, but we also have to organize manufacturing scale up, distribution, train installers, scale up the servers,… which will be a limiting factor. So we will have to limit ourselves to maintain quality of service.