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High Five Innovation Labs is working in the energy sector, HFIL has developed an Internet of Things (IoT) based cost-effective, accurate and efficient solution to convert each electricity meter to a pre-paid smart meter. With the help of this technology, users will be able to check their real-time consumption on an LCD panel of the pre-paid meter or in the mobile application. Thus, allowing consumers to manage their electricity usage more efficiently, and remotely identifying power thefts.
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