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EnerSettle Smart Contract Infrastructure for ISO/IPP Settlement

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V3Wind
V3Wind

E2E Smart Contract Infrastructure "SCI" for IPPs and ISOs for fast , automated ISO verification and settlement of IPP invoice remittances for power production to the public grid

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Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Copyright Robert Reive 2018 All Rights Reserved. EnerSettle EnerSettle E2E IPP to ISO Energy Hybrid DLT Settlement Smart Contract Infrastructure SCI Open Source POC Proposal for V3Winds IOTA, EOS Grant Applications
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Glossary IPP- Independent Power Producer selling power to the ISO ISO - Independent Service Operator for the Public Power Grid PPA - Power Purchase Agreement between ISO and IPP Remittance- Payment for Power made by ISO to IPP Settlement- Both ISO/IPP mutually agreed /transaction Power Output- The raw power output record of the generator IOTA- A DAG DLT Open Source Foundation EOS- A Blockchain DLT Vendor ERC20- Smart Contract Protocol by Ethereum, used by EOS MAMs- IOTAs Masked Authenticated Message CanBus/TCP - a real-time capable layer 5 protocol using TCP TCP- Transmission Control Layer 4 Protocol of the Internet Token- An alternate cryptocurrency using the ERC20 V3Watts- V3 Wind's Securitized ERC20 Token for investors SC -Smart Contract cryptographically secure business logic 2 SCI- Smart Contract Infrastructure for Secure E2E Settlement Smart Contract - settlement logic using ERC20 protocol Qubic- IOTAs smart contract core logic Consensus- 3rd party verified transaction validation DLT- Distributed Ledger Technology Immutable - state of a one write, never changed recording of data Hybrid DLT - 2 dissimilar DLTs with mutually agreed/verified data DPoS - Distributed Proof of Stake DLT Consensus PoW- Proof of Work Consensus DAG- Directed Acyclic Graph parallel branch ledger TPS- Transactions per Second speed of writing data of fixed size Tangle- IOTAs DAG based DLT design for superfast TPS Blockchain- sequential block DLT method used by EOS & others Trustless Transaction- No middleman auto- verification E2E- End to End , start to finish transaction steps SWFT- V3Winds hi capacity factor Smart Wind Farm Tower Backoffice- Financial accounting ledger system used by IPPs STO- Securitized Token Offer Wallet- The crypto-currency wallet of the investor API- Application Programmer Interface
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Addressable Market & Target Audience Top 3 Market Segments Power Generation & Storage Warehouse Automation Manufacturing Top Seven Audiences Investor CEO CFO CTO COO Site/Plant Engineering/Operations Manager Regulators- ISO, Government, Tax Authorities 3
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle The Problem we are solving No Middleman Automated , Fast and 85% Lower Cost E2E IPP Power Output Verification and Settlement by ISO of Power Generation & Remittance Invoices EnerSettle is implemented as End to End settlement process Smart Contract Infrastructure SCI with automatically ISO verified public DLT power output coupled with IPP private DLT SC Smart Contract managed and public DLT data triggered, variable frequency payment of securitized annuities in the form of cyptocraphically secure tokens to investor cryptographically secure wallets who are registered with and, have invested in an IPP Securitized Project Specific Token Offer. 4
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle The Solution: EnerSettle_ISO2IPP A Hybrid DLT Smart Contract Pair for ISO Verification & Settlement of IPP Power Production : Primary Use Case Description EnerSettle_ISO2IPP is a Pair of Integrated Smart Contracts hosted on a public IOTA DLT and private EOS DLT which exchange private DLT messaging , public key distribution a mutually record verified ISO & IPP actions to : 1- Write Power Generation System Canbus/TCP Power output records immutable to the public IOTA DLT Tangle 2- IPP Qubic SC sends public key access over TCP to the ISO for review and for other public regulatory use allowed by the IPP 3- IPP Qubic SC record ISO verification and Settlement of IPP power generation output to IOTAs Tangle 4- Via ERC20 DLT EOS SC automatically read from IOTAs Tangle the ISO verification & trigger IPP EOS SC generated remittance Invoices either written to the ISO designated DLT orby sending public key access to private IPP EOS DLT. 5- ISO remittances are then EOS SC received by the IPP via the ERC20 DLT protocol or via direct manual ISO to EOS SC UI interaction over a secure TCP connection. 6- On receipt of ISO Remittance EOC SC batch execute IPP EOS SC calculation of investor payouts records paid direct to the investor designated wallet over the investor designated DLT, recorded to the IPP private EOS DLT and the investor designated DLT 5
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle_ISO2IPP Value Proposition: Reduces IPP/ISO Settlement Time & Cost by 80% Other IPP Specific Benefits: Enables Fungible and Tradeable Revenue Streams per Project per Project Token Series Offering Easier Liquid Access to Greater Global Investment pool for Energy Generation Projects (and other project types) Investor and regulatory transparency with Guaranteed Annuity payouts per life of project/ token series Profit Center per Project Financial Firewalling Greater Competitive Agility with customizable Project Centered Annuities 6
Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Copyright Robert Reive 2018 All Rights Reserved. EnerSettle EnerSettle private/Public DLT SCADA Integration: Tokenized Power Generation for the Masses BackOffice ERC20 or POA20 Private to Public Blockchain Token Annuity Distribution BackOffice ERC20 or POA20 Based Private Blockchain Side Chain read from Gensite Hosted Public IOTA Tangle BackOffice ERC20 or POA20 Based Private Blockchain Side Chain GL integration to 3rd party Token Investor Management Framework SCADA API/Gateway Per Gensite of time/day Stamped Power Output Summary Write to Public IOTA Tangle, integrates existing SCADA Platforms- ie RapidSCADA and other popular SCADA platforms, your choice Gensite (ie V3Wind.com SFWT) Hosts Dual Supernode hosting of IOTA Tangle via dual PLC Host infrastructure Gensite power output data is easily accessed by Energy Regulator via Backoffice granted public key to IOTA
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle Open Source Token Overview The EnerSettle_ISO2IPP POC proposes to create the following Open source Generic Securitized Token Solution where the first Operational IPP SC is implemented in the Java version of the IOTA DAG Tangle Public Distributed Ledger using fast PoW Consensus verification, using the new Qubic SC logic, which is then hybrid integrated into the second 2nd IPP Backoffice SC implemented in C++ on the EOS Blockchain DLT using DPoS Consensus verification. EnerSettle enables an IPP to create a Token Annuity Payout BackOffice System for the Power Generation Sector utilizing a Hybrid private/public ledger design. EnerSettles SCADA Gateway API enables any popular SCADA system utilizing Canbus/TCP protocol to, via the EnerSettle_ISO2IPP Qubic SC logic, customize the way power output is written to IOTA public DLT called the Tangle. EnerSettle_ISO2IPPQubic SC, in combination with the EnerSettle_ISO2IPPEOS SC makes it easy for any IPP to create an IPP branded ERC20 compliant Securitized Token to support IPP annuity payouts to crypto investors of specific power generation projects, based on ISO verified IPP power output for a specific project. The licensing of the generic EnerSettle SC logic for both IOTA and EOS SCs will be hosted on Github and licensed under GPLV3 8
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Understanding the inter-related IPP SCADA, Revenue Collection and Investor Payout problems in the Power Generation Sector 02 Amet, consectetur adipiscing elit. Curabitur eleifend a diam quis suscipit. Class aptent taciti sociosqu ad litora torquent per conubia nostra. 03 Consectetur adipiscing elit. Curabitur eleifend lorem a diam quis suscipit. Class aptent taciti sociosqu ad litora torquent ipsum per conubia nostra. 9 IPP vs ISO Power Output/Revenue Payout Reconciliation to facilitate Trusted ISO payout to IPP quickly- today this is slow for IPPs and difference disputes are people governed, often causing dividend delay payout to investors in the project Why? Because SCADA information manually managed by people and can be altered IPP Internal power to dividend calculation/conversion as well as payout to investors is slow and not transparent, and by necessity managed manually & privately, also a slow and error prone process. Project Dividends today are paid out as an annuity or as non-voting preferred share dividends and not easily traded in the public financial markets, and certainly not as crypto tokens- partly contributing to the shrinkage of addressable investor market for power generation projects vs. other investment vehicles & financial instruments
Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Proposed Project Parties, Customer Needs Mr. Reive is the inventor of the EnerSettle Generic Open Source Token and currently is the contracted CTO of V3wind.com and it partly responsible for sourcing Securitized Token capability described as the aforementioned solution. V3Wind.com is technically able to release a non-subsidized Wind power generation technology into the energy market which achieves price parity with thermal power generation V3Wind seeks to acquire the discussed solution capabilities as an Enterprise cloud service which can be customized to their internal and investor needs with service & support, and with full regulatory compliance with several different ISOs and govts. Mr. Reive is the creator of Solution & Software Architecture of the EnerSettle_ISO2IPP solution proposed as a PoC to the IOTA Ecosystem Fund . Mr. Reive intends to outsource and project manage the Open Source development, simulation and testing of the EnerSettle_ISO2IPP PoC to third parties capable of developing in Java (IOTA) and C++(EOS) where use cases and test plan will be managed online with all test plans and result results available to interested parties free of charge. 10
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle Goals- Initial Work with IOTA Ecosystem Foundation to, Define, Agree, Finance a V3Wind centric 1st phase plan to develop, simulate and test the EnerSettle_ISO2IPP logic on Github as Open Source using SWFT power output as a baseline licensed under GPLV3 to : Tokenized Power Generation for the Masses Create an Open Source Software Architecture Solution for Securitized Tokenization of Power Generation called EnerSettle in Github for Qubic in Java & ERC20 in EOS C++ Mr. Reive Intros and Details EnerSettle Architecture on Medium as Inventor Mr. Reive Enlists Best of Breed Talent as contractors to Staff EnerSettle, test of 1st V3Wind baseline project, regardless of current work status and location under Project Advisory from IOTA Ecosystem Foundation V3Wind becomes first IOTA referenceable Customer of EnerSettle Qubic SC Launch a V3Watts Token based on EnerSettle_ISO2IP Qubic SC and EOS ERC20 SC is demonstrated on the IOTA and EOS Test Networks as validation 11
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle Technical Overview Architecture Key Points SCADA Gateway to Public IOTA DLT Direct Transparency- Gateway API to your own SCADA Ie - RapidSCADA Gateway API Write to IOTA Tangle Public DLT Transparency- Power Output IOTA Tangle to Regulators via Dapp support of different ISOs Private Auditable DLT- Token Creation ERC20/POA20 Capable, 1st in C++ EOS DLT private Private 2 Public Tradable Token Transparency ERC20/POA20 Capable EOS DLT private to public EOS 12 ImplementationKeyPointsin V3Watts form: Pre-ICO is open to all, same terms Project with 1st Customer Runs parallel First Popular 3rd party Gensite 3rd party SCADA APIs released to support project ICO is public, 1 Trillion minted, 800M sold Java, C++ and Rust Implementations P2P DEX Support via PRE-ICO (IDEX et al) only ICO adds select centralized exchanges 35/25/15 discounts in PRE-ICO over Foundation pays Dividends to Token holders based on Open Source Supported Licenses Pre-ICO is 200M Tokens @ 1 cent US Funds used for 1st project, ICO launch ICO Sales 600M tokens @ 5 cents US Foundation retains 10% of Tokens to pay for future development via grants, projects Public DLT Transparency
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle V3Wind( using EnerSettle SCI) Token Allotment L1 Billion (1,000,000,000) with access to all: ERC20 Alt token on ETH Pre-ICO Price= via DEXs P2P buy only, ICO Price = 5 Cents DEX & CEX Max. single transaction purchase- 1,000,000 tokens @.05 = US $ 50,000 (ICO only) Max. single transaction purchase- 100,000 tokens @.05 = US $ 5,000 (ICO only, before discount..) Min. single transaction purchase- 2,000 tokens @.05 = US $100.00 9Both Sales) Foundation Reserve to support Core Development Team (5% Cap Payout - 75% Locked for 4 Years) and Dev Project Grant Awards (5% assign by ScadaToken Forum vote) 10% ICO Sale Hard Cap US $30,000,000 600M tokens @ 5cents 60% Post ICO Reward pool for User/follower Contributions, Developer Bonus pool 10% Pre-ICO Soft Cap $2M US Goal Funding for: 1st Project Dev/Test+ Open SCADA Gateway APIs to IOTA Tangle, Gensite, Backoffice Devs ICO Campaign 20% 13
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle SCADAToken LaunchPrototype Pre-ICO SaleAug 2018 Share 1st IPPProject Start Aug2018 RefineIPP Project Completion April 2019 Get feedback ICO October 2018 01 3Q18 02 3Q18 03 04 2Q19 14
Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Introducing: EnerSettle SCI Tokenized Power Generation for the Masses IPPs Independent Power Providers and Utilities can implement their own multiple EnerSettle_ISO2IPP SC Pairs as autonomous SCI to support unique Project Token Gensite Instances to quickly securely write their power generation project power output automatically to the IOTA Public Distributed Ledger Tangle so as to get paid faster by the ISO and meet regulatory reporting requirements at low cost. Power Generation Sites host at least two of their own EnerSettle Qubic SCs hosted and optimized with Project Site hosted IOTA Tangle SuperNodes, which can operate adjacent to other Control processes which write Power Generation platform SCADA power output information tailored by SCADAToken rule sets controlled by the IPP. EnerSettle_ISO2IPP EOS SC Backoffice instances easily, securely and transparently read from the IOTA SuperNodes via EnerSettle public key granted access to the IPPs power output information stored in the hosted IOTA Tangle instances, and then the Backoffice instances auto-audit all related internal ledger transactions and tokenize the IPPs after costs net revenue generated from each of their projects on the Backoffice private DLT instances as well as the annuities paid to project EnerSettle holders of record for each project token series, via the public DLT API, easily making those EnerSettle white label project tokens tradeable on any crypto exchange supporting the Ethereum ERC20 protocol. BACKOFFICE Private Project EOS SCs & DLT 15 Project GENSITEs Qubic SC Instances IOTA public DLT Your SCADA DEXs & CEXs Investors Wallets Project Token & 3rd party ICO APIs
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Proposed EnerSettle PoC timeline JAN FEB MAR APR MAY JUN 16 Doc Complete V3Wind EnerSettle Testing Begins 1st Tower Activated Code Complete Paper on Medium Project Start Coding Start Software Architecture Robert reive IOTA EcoSystem funding Press Release Github Project Launch, GPLV3 Coding Start Power_Sim SCADA_Gtwy Qubic_SC EOS_SC Investor_Rldx Inv_Wllt_Demo Test Networks Coding Complete Press Release Simulated, Debugged Tested Youtube Intro Youtube Demo Github Doc Medium Update Press Release Demo Annuity Payout DEX/CEX APIs Private DLT End/Activate Site (1st Tower) May 24th 2018 June 15th, 2018 July 2nd, 2018 Sept 21st, 2018 Oct 5th 2018 Mar 21st, 2019 Target Bug Bounty Zone w/ V3Watts issue
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Thank you! 17
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Popular SCADA Systems targeted for Support Open Source RapidSCADA Modbus SZARP SharpSCADA 18 Vendor Specific Canbus/TCP Enabled Controllers Siemens Rockwell/AB Schneider Omron
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle IOTA SuperNode Integrations- Gensite Module UBuntu 16.10+ Windows Server VM (Digital Ocean) Docker RaspberryPi Intel/AMD 386 LPWAN Tech (Match+) 19
Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Other Considerations Smart Contracts via IOTA + Qubic WIP tbd given June 3rd 2018 Release Date EOS Fund Considerations tbd 20

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EnerSettle Smart Contract Infrastructure for ISO/IPP Settlement

  • 1. Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Copyright Robert Reive 2018 All Rights Reserved. EnerSettle EnerSettle E2E IPP to ISO Energy Hybrid DLT Settlement Smart Contract Infrastructure SCI Open Source POC Proposal for V3Winds IOTA, EOS Grant Applications
  • 2. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Glossary IPP- Independent Power Producer selling power to the ISO ISO - Independent Service Operator for the Public Power Grid PPA - Power Purchase Agreement between ISO and IPP Remittance- Payment for Power made by ISO to IPP Settlement- Both ISO/IPP mutually agreed /transaction Power Output- The raw power output record of the generator IOTA- A DAG DLT Open Source Foundation EOS- A Blockchain DLT Vendor ERC20- Smart Contract Protocol by Ethereum, used by EOS MAMs- IOTAs Masked Authenticated Message CanBus/TCP - a real-time capable layer 5 protocol using TCP TCP- Transmission Control Layer 4 Protocol of the Internet Token- An alternate cryptocurrency using the ERC20 V3Watts- V3 Wind's Securitized ERC20 Token for investors SC -Smart Contract cryptographically secure business logic 2 SCI- Smart Contract Infrastructure for Secure E2E Settlement Smart Contract - settlement logic using ERC20 protocol Qubic- IOTAs smart contract core logic Consensus- 3rd party verified transaction validation DLT- Distributed Ledger Technology Immutable - state of a one write, never changed recording of data Hybrid DLT - 2 dissimilar DLTs with mutually agreed/verified data DPoS - Distributed Proof of Stake DLT Consensus PoW- Proof of Work Consensus DAG- Directed Acyclic Graph parallel branch ledger TPS- Transactions per Second speed of writing data of fixed size Tangle- IOTAs DAG based DLT design for superfast TPS Blockchain- sequential block DLT method used by EOS & others Trustless Transaction- No middleman auto- verification E2E- End to End , start to finish transaction steps SWFT- V3Winds hi capacity factor Smart Wind Farm Tower Backoffice- Financial accounting ledger system used by IPPs STO- Securitized Token Offer Wallet- The crypto-currency wallet of the investor API- Application Programmer Interface
  • 3. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Addressable Market & Target Audience Top 3 Market Segments Power Generation & Storage Warehouse Automation Manufacturing Top Seven Audiences Investor CEO CFO CTO COO Site/Plant Engineering/Operations Manager Regulators- ISO, Government, Tax Authorities 3
  • 4. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle The Problem we are solving No Middleman Automated , Fast and 85% Lower Cost E2E IPP Power Output Verification and Settlement by ISO of Power Generation & Remittance Invoices EnerSettle is implemented as End to End settlement process Smart Contract Infrastructure SCI with automatically ISO verified public DLT power output coupled with IPP private DLT SC Smart Contract managed and public DLT data triggered, variable frequency payment of securitized annuities in the form of cyptocraphically secure tokens to investor cryptographically secure wallets who are registered with and, have invested in an IPP Securitized Project Specific Token Offer. 4
  • 5. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle The Solution: EnerSettle_ISO2IPP A Hybrid DLT Smart Contract Pair for ISO Verification & Settlement of IPP Power Production : Primary Use Case Description EnerSettle_ISO2IPP is a Pair of Integrated Smart Contracts hosted on a public IOTA DLT and private EOS DLT which exchange private DLT messaging , public key distribution a mutually record verified ISO & IPP actions to : 1- Write Power Generation System Canbus/TCP Power output records immutable to the public IOTA DLT Tangle 2- IPP Qubic SC sends public key access over TCP to the ISO for review and for other public regulatory use allowed by the IPP 3- IPP Qubic SC record ISO verification and Settlement of IPP power generation output to IOTAs Tangle 4- Via ERC20 DLT EOS SC automatically read from IOTAs Tangle the ISO verification & trigger IPP EOS SC generated remittance Invoices either written to the ISO designated DLT orby sending public key access to private IPP EOS DLT. 5- ISO remittances are then EOS SC received by the IPP via the ERC20 DLT protocol or via direct manual ISO to EOS SC UI interaction over a secure TCP connection. 6- On receipt of ISO Remittance EOC SC batch execute IPP EOS SC calculation of investor payouts records paid direct to the investor designated wallet over the investor designated DLT, recorded to the IPP private EOS DLT and the investor designated DLT 5
  • 6. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle_ISO2IPP Value Proposition: Reduces IPP/ISO Settlement Time & Cost by 80% Other IPP Specific Benefits: Enables Fungible and Tradeable Revenue Streams per Project per Project Token Series Offering Easier Liquid Access to Greater Global Investment pool for Energy Generation Projects (and other project types) Investor and regulatory transparency with Guaranteed Annuity payouts per life of project/ token series Profit Center per Project Financial Firewalling Greater Competitive Agility with customizable Project Centered Annuities 6
  • 7. Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Copyright Robert Reive 2018 All Rights Reserved. EnerSettle EnerSettle private/Public DLT SCADA Integration: Tokenized Power Generation for the Masses BackOffice ERC20 or POA20 Private to Public Blockchain Token Annuity Distribution BackOffice ERC20 or POA20 Based Private Blockchain Side Chain read from Gensite Hosted Public IOTA Tangle BackOffice ERC20 or POA20 Based Private Blockchain Side Chain GL integration to 3rd party Token Investor Management Framework SCADA API/Gateway Per Gensite of time/day Stamped Power Output Summary Write to Public IOTA Tangle, integrates existing SCADA Platforms- ie RapidSCADA and other popular SCADA platforms, your choice Gensite (ie V3Wind.com SFWT) Hosts Dual Supernode hosting of IOTA Tangle via dual PLC Host infrastructure Gensite power output data is easily accessed by Energy Regulator via Backoffice granted public key to IOTA
  • 8. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle Open Source Token Overview The EnerSettle_ISO2IPP POC proposes to create the following Open source Generic Securitized Token Solution where the first Operational IPP SC is implemented in the Java version of the IOTA DAG Tangle Public Distributed Ledger using fast PoW Consensus verification, using the new Qubic SC logic, which is then hybrid integrated into the second 2nd IPP Backoffice SC implemented in C++ on the EOS Blockchain DLT using DPoS Consensus verification. EnerSettle enables an IPP to create a Token Annuity Payout BackOffice System for the Power Generation Sector utilizing a Hybrid private/public ledger design. EnerSettles SCADA Gateway API enables any popular SCADA system utilizing Canbus/TCP protocol to, via the EnerSettle_ISO2IPP Qubic SC logic, customize the way power output is written to IOTA public DLT called the Tangle. EnerSettle_ISO2IPPQubic SC, in combination with the EnerSettle_ISO2IPPEOS SC makes it easy for any IPP to create an IPP branded ERC20 compliant Securitized Token to support IPP annuity payouts to crypto investors of specific power generation projects, based on ISO verified IPP power output for a specific project. The licensing of the generic EnerSettle SC logic for both IOTA and EOS SCs will be hosted on Github and licensed under GPLV3 8
  • 9. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Understanding the inter-related IPP SCADA, Revenue Collection and Investor Payout problems in the Power Generation Sector 02 Amet, consectetur adipiscing elit. Curabitur eleifend a diam quis suscipit. Class aptent taciti sociosqu ad litora torquent per conubia nostra. 03 Consectetur adipiscing elit. Curabitur eleifend lorem a diam quis suscipit. Class aptent taciti sociosqu ad litora torquent ipsum per conubia nostra. 9 IPP vs ISO Power Output/Revenue Payout Reconciliation to facilitate Trusted ISO payout to IPP quickly- today this is slow for IPPs and difference disputes are people governed, often causing dividend delay payout to investors in the project Why? Because SCADA information manually managed by people and can be altered IPP Internal power to dividend calculation/conversion as well as payout to investors is slow and not transparent, and by necessity managed manually & privately, also a slow and error prone process. Project Dividends today are paid out as an annuity or as non-voting preferred share dividends and not easily traded in the public financial markets, and certainly not as crypto tokens- partly contributing to the shrinkage of addressable investor market for power generation projects vs. other investment vehicles & financial instruments
  • 10. Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Proposed Project Parties, Customer Needs Mr. Reive is the inventor of the EnerSettle Generic Open Source Token and currently is the contracted CTO of V3wind.com and it partly responsible for sourcing Securitized Token capability described as the aforementioned solution. V3Wind.com is technically able to release a non-subsidized Wind power generation technology into the energy market which achieves price parity with thermal power generation V3Wind seeks to acquire the discussed solution capabilities as an Enterprise cloud service which can be customized to their internal and investor needs with service & support, and with full regulatory compliance with several different ISOs and govts. Mr. Reive is the creator of Solution & Software Architecture of the EnerSettle_ISO2IPP solution proposed as a PoC to the IOTA Ecosystem Fund . Mr. Reive intends to outsource and project manage the Open Source development, simulation and testing of the EnerSettle_ISO2IPP PoC to third parties capable of developing in Java (IOTA) and C++(EOS) where use cases and test plan will be managed online with all test plans and result results available to interested parties free of charge. 10
  • 11. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle Goals- Initial Work with IOTA Ecosystem Foundation to, Define, Agree, Finance a V3Wind centric 1st phase plan to develop, simulate and test the EnerSettle_ISO2IPP logic on Github as Open Source using SWFT power output as a baseline licensed under GPLV3 to : Tokenized Power Generation for the Masses Create an Open Source Software Architecture Solution for Securitized Tokenization of Power Generation called EnerSettle in Github for Qubic in Java & ERC20 in EOS C++ Mr. Reive Intros and Details EnerSettle Architecture on Medium as Inventor Mr. Reive Enlists Best of Breed Talent as contractors to Staff EnerSettle, test of 1st V3Wind baseline project, regardless of current work status and location under Project Advisory from IOTA Ecosystem Foundation V3Wind becomes first IOTA referenceable Customer of EnerSettle Qubic SC Launch a V3Watts Token based on EnerSettle_ISO2IP Qubic SC and EOS ERC20 SC is demonstrated on the IOTA and EOS Test Networks as validation 11
  • 12. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle EnerSettle Technical Overview Architecture Key Points SCADA Gateway to Public IOTA DLT Direct Transparency- Gateway API to your own SCADA Ie - RapidSCADA Gateway API Write to IOTA Tangle Public DLT Transparency- Power Output IOTA Tangle to Regulators via Dapp support of different ISOs Private Auditable DLT- Token Creation ERC20/POA20 Capable, 1st in C++ EOS DLT private Private 2 Public Tradable Token Transparency ERC20/POA20 Capable EOS DLT private to public EOS 12 ImplementationKeyPointsin V3Watts form: Pre-ICO is open to all, same terms Project with 1st Customer Runs parallel First Popular 3rd party Gensite 3rd party SCADA APIs released to support project ICO is public, 1 Trillion minted, 800M sold Java, C++ and Rust Implementations P2P DEX Support via PRE-ICO (IDEX et al) only ICO adds select centralized exchanges 35/25/15 discounts in PRE-ICO over Foundation pays Dividends to Token holders based on Open Source Supported Licenses Pre-ICO is 200M Tokens @ 1 cent US Funds used for 1st project, ICO launch ICO Sales 600M tokens @ 5 cents US Foundation retains 10% of Tokens to pay for future development via grants, projects Public DLT Transparency
  • 13. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle V3Wind( using EnerSettle SCI) Token Allotment L1 Billion (1,000,000,000) with access to all: ERC20 Alt token on ETH Pre-ICO Price= via DEXs P2P buy only, ICO Price = 5 Cents DEX & CEX Max. single transaction purchase- 1,000,000 tokens @.05 = US $ 50,000 (ICO only) Max. single transaction purchase- 100,000 tokens @.05 = US $ 5,000 (ICO only, before discount..) Min. single transaction purchase- 2,000 tokens @.05 = US $100.00 9Both Sales) Foundation Reserve to support Core Development Team (5% Cap Payout - 75% Locked for 4 Years) and Dev Project Grant Awards (5% assign by ScadaToken Forum vote) 10% ICO Sale Hard Cap US $30,000,000 600M tokens @ 5cents 60% Post ICO Reward pool for User/follower Contributions, Developer Bonus pool 10% Pre-ICO Soft Cap $2M US Goal Funding for: 1st Project Dev/Test+ Open SCADA Gateway APIs to IOTA Tangle, Gensite, Backoffice Devs ICO Campaign 20% 13
  • 14. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle SCADAToken LaunchPrototype Pre-ICO SaleAug 2018 Share 1st IPPProject Start Aug2018 RefineIPP Project Completion April 2019 Get feedback ICO October 2018 01 3Q18 02 3Q18 03 04 2Q19 14
  • 15. Copyright Robert Reive 2018 All Rights Reserved. EnerSettle Introducing: EnerSettle SCI Tokenized Power Generation for the Masses IPPs Independent Power Providers and Utilities can implement their own multiple EnerSettle_ISO2IPP SC Pairs as autonomous SCI to support unique Project Token Gensite Instances to quickly securely write their power generation project power output automatically to the IOTA Public Distributed Ledger Tangle so as to get paid faster by the ISO and meet regulatory reporting requirements at low cost. Power Generation Sites host at least two of their own EnerSettle Qubic SCs hosted and optimized with Project Site hosted IOTA Tangle SuperNodes, which can operate adjacent to other Control processes which write Power Generation platform SCADA power output information tailored by SCADAToken rule sets controlled by the IPP. EnerSettle_ISO2IPP EOS SC Backoffice instances easily, securely and transparently read from the IOTA SuperNodes via EnerSettle public key granted access to the IPPs power output information stored in the hosted IOTA Tangle instances, and then the Backoffice instances auto-audit all related internal ledger transactions and tokenize the IPPs after costs net revenue generated from each of their projects on the Backoffice private DLT instances as well as the annuities paid to project EnerSettle holders of record for each project token series, via the public DLT API, easily making those EnerSettle white label project tokens tradeable on any crypto exchange supporting the Ethereum ERC20 protocol. BACKOFFICE Private Project EOS SCs & DLT 15 Project GENSITEs Qubic SC Instances IOTA public DLT Your SCADA DEXs & CEXs Investors Wallets Project Token & 3rd party ICO APIs
  • 16. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Proposed EnerSettle PoC timeline JAN FEB MAR APR MAY JUN 16 Doc Complete V3Wind EnerSettle Testing Begins 1st Tower Activated Code Complete Paper on Medium Project Start Coding Start Software Architecture Robert reive IOTA EcoSystem funding Press Release Github Project Launch, GPLV3 Coding Start Power_Sim SCADA_Gtwy Qubic_SC EOS_SC Investor_Rldx Inv_Wllt_Demo Test Networks Coding Complete Press Release Simulated, Debugged Tested Youtube Intro Youtube Demo Github Doc Medium Update Press Release Demo Annuity Payout DEX/CEX APIs Private DLT End/Activate Site (1st Tower) May 24th 2018 June 15th, 2018 July 2nd, 2018 Sept 21st, 2018 Oct 5th 2018 Mar 21st, 2019 Target Bug Bounty Zone w/ V3Watts issue
  • 17. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Thank you! 17
  • 18. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Popular SCADA Systems targeted for Support Open Source RapidSCADA Modbus SZARP SharpSCADA 18 Vendor Specific Canbus/TCP Enabled Controllers Siemens Rockwell/AB Schneider Omron
  • 19. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle IOTA SuperNode Integrations- Gensite Module UBuntu 16.10+ Windows Server VM (Digital Ocean) Docker RaspberryPi Intel/AMD 386 LPWAN Tech (Match+) 19
  • 20. Copyright Robert Reive 2018 All Rights Reserved. EnerSettleEnerSettle Other Considerations Smart Contracts via IOTA + Qubic WIP tbd given June 3rd 2018 Release Date EOS Fund Considerations tbd 20