EnerSettle Smart Contract Infrastructure for ISO/IPP Settlement

Copyright Robert Reive 2018 All Rights Reserved.
EnerSettle
EnerSettle
“EnerSettle’
E2E IPP to ISO Energy Hybrid DLT Settlement
Smart Contract Infrastructure “SCI” Open Source POC Proposal
for
V3Wind’s IOTA, EOS Grant Applications

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- IOTA’s “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- IOTA’s 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- IOTA’s 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- V3Wind’s 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

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

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

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 IOTA’s Tangle
4- Via ERC20 DLT EOS SC automatically read from IOTA’s 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

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

EnerSettle
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

“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.
● EnerSettle’s 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

Understanding the inter-related IPP SCADA, Revenue Collection and
Investor Payout problems in the Power Generation Sector
02
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● 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

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

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

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

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

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

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 IPP’s “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

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

Thank you!
17

Popular SCADA Systems targeted for Support
Open Source
● RapidSCADA
● Modbus
● SZARP
● SharpSCADA
18
Vendor Specific Canbus/TCP Enabled Controllers
● Siemens
● Rockwell/AB
● Schneider
● Omron

IOTA SuperNode Integrations- Gensite Module
● UBuntu 16.10+
● Windows Server
● VM (Digital Ocean)
● Docker
RaspberryPi
Intel/AMD 386
LPWAN Tech (Match+)
19

Other Considerations
● Smart Contracts via IOTA + Qubic WIP tbd given June 3rd 2018 Release Date
● EOS Fund Considerations tbd
20

EnerSettle Smart Contract Infrastructure for ISO/IPP Settlement

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