WindStream Technologies Inc. (fka WSTI)

[MoneymanT]

Hello everyone I just seen this Block chain Impact PPA's project news with Dan Bates

How a Clean Energy Entrepreneur is Betting on Blockchain Dan Bates strives to provide energy to the powerless 1.2 billion people on earth as quickly as possible.

That's what CEO Dan Bates says he is pursuing with his company Impact PPA. I recently spoke with Bates about his mission to transform the entire global energy finance industry.

Can you elaborate on how non-governmental organizations and government agencies are impeding energy innovation?

Bates: NGOs and government agencies are mandated to follow certain guidelines, and unfortunately these guidelines create an often slow and inefficient process when it comes to funding new energy projects. From start to finish, it is not uncommon for NGO's or government agencies to take years to fund and complete an energy project. With ImpactPPA's project finance and energy management platform we are trying to cut that implementation time from years down to months and in some cases even weeks.

How did you come to the conclusion that it is important for ImpactPPA to use blockchain technology?

First, it offers access to capital through the crowd using the tokenization of Renewable Energy. Now, for the first time, a crowd of like-minded individuals can be connected with projects that are in need of capital and have a clear path to social good and revenue recognition. With the funds raised from the crowd we will be able to self finance all of our energy projects and bypass legacy financing. This solution creates a much faster and efficient deployment of energy to folks who, at present, do not have any power.

We also use the blockchain to manage our data and payment collection. The end users, or energy consumers, will pay for energy using our GEN credits on their mobile phones. In order for the end user to have access to energy they will need to interact with our smart meter that is connected to the blockchain. Smart meters will be located on the home or business and the end user will select the amount of power that they want (on their phone) and submit the appropriate number of GEN credits to the smart meter. This transaction is then mined and verified on the blockchain; when all of these steps are complete they receive energy and we receive payment.

Is ImpactPPA already working on installing finished projects?

Yes! We currently have working projects in Haiti, Jamaica, and India. But these are just the beginning; we have 183 MW around under contract in our pipeline that are shovel ready and waiting to be deployed.

https://www.inc.com/darren-heitner/how-a-clean-energy-entrepreneur-is-betting-on-blockchain.html