On of the major problems plaguing the globe in general is the search for a clean renewable and constant energy supply. This is because that despite all the electrical grid infrastructures like power stations being constructed all the time in developing countries, over a billion people in the world still remain in darkness. The research for alternative sources of energy like solar, fossil fuel and other options have been in going and most of them have been a success but the impediment comes from the fact that as they are now in demand, their raw materials have become more costly to purchase, hence costing a whole lot of money to construct and even more to provide for other people. It is quite unfortunate that even in countries with apparent power stations, production of electricity remains a big issue due to the centralized method of Powe grid system. Electric power is hoarded from a central main station and then distributed over long distances and in such a manner that along the way so many power grids are used to accelerate the process. Unfortunately for the power generation in general, Flux leakage has led to several amount of energy being loss through that method of power distribution. This is predominant in countries like America while in developing countries like Nigeria is having issues of inefficient distribution sub-stations that literally do not work. In fact, in Sub Sahara Africa, hundreds of millions do not have access to electricity due to inadequate central power stations and an even more rotten sub stations like transformers. If you then factor in the fact that other climatic conditions like rain, wind, animals and even humans can lead to the disruption of these power lines.
The Power Purchase Agreements in most third world countries are usually done by the National Electricity Power Authority in wascg country and then made to pass through several protocols like government policy, estate development and other organisations before proper distributions can be undertaken in such a manner that before the main power project is exexuted, several citizens must have lived in darkness for years. The flaws in a Centralized system of power distribution needed to be reviewed and rectified and possibly should be made to take the communicarion industry model where communication lines have been discarded and replaced by electronic waves that can travel through distances, eliminating the central system for a more distributed model. The question now is, what if the electricity distribution can be decentralized and distributed accordingly accross all regions of a country? This was what birthed the ImpactPPA project. Let us now take a look at the ImpactPPA model and what it entails for the power industry.
ImpactPPA is a decentralized platform that leverages the power of the blockchain to reinvent the way electricity is being distributed by eliminating the central figure and introducing a transparent system where everybody can get clean renewable energy. The main aim of ImpactPPA is to remove the complicated structure of third parties like governments and corporate licenses in the PPA structure. The ImpactPPA model will not be managed by any central body but by the users themselves who will set precedents as to how they want their power to be distributed. The ImpactPPA team is looking at partnering with power companies that can align with their vision and look into means of alternative solutions to the defeciencies of a centralized power distributions system.
The ImpactPPA platform will be built in the Ethereum blockchain and will deal on smart contracts and makes use of the MPQ token for access to its platform by users.
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As I mentioned before the ImpactPPA platform is executing its decentralized energy proposition through its Ethereum based smart contract and is powered by the SmartPPA protocol. This SmartPPA acts as the brain of its entire operation giving users the ability to decide the model for their energy agreements. The terms and conditions of the proposed project including the minimum requirements it must satisfy are a indicated by the SmartPPA depending on the size of the energy model of the project, which can either be for an individual or for companies with contract to provide energy for local communities. Upon meeting the requirements for getting a funding, the user is then awarded with the funding for the proposed energy project. Investors supplement the funding through their purchase of MPQ tokens that immediately goes into the ImpactPPA funding purse. The MPQ token community holds the privilege of making the final decisions on the particular prohect to be chosen. The proper technological additions for the chosen project is assigned to the individual and the equipments for energy generations are installed accordingly.
This is the digital currency used by consumers of the platforms to buy energy options that have been designed through the SmartPPA. The Gen Credits is some sort of fiat option for subscribing consumers of the project. The payment or purchase model of the Gen Credits is on a Pay as You Go means and can be operated using a mobile phone or any other smart devices. It also facilitates user connection to a smart meter that the user can use to determine his energy expenditure model and can suspend or continue payments at his discretion.
The acquisition of the MPQ tokens allows participation on the ImpactPPA platform. The MPQ token purchasers influence the decision making of the energy project selection from the SmartPPA from all over the world. The Presales of the MPQ token will see 300 million MPQ tokens available for sale at a discount price.
In order to run an efficient and resource driven venture, the ImpactPPA platform makes use of Truztar, a venture building decentralized platform that takes care of organizational structures of a company or corporation. The Truztar model is based on the use of Artificial Intelligence technology to advance the portfolios of the companies involved. The AI technology is armed with machine language learning ability that can catch up with tweaks on modern technology and ways of running a successful enterprise. The Truztar platform are responsible for the creation of the Tangerines which is a decentralized storage for digital assets in a secure and encrypted manner but with an added incentive of insuring the digital portfolios.
Like I mentioned above the Tangerines is a digital storage for fiat value options for ImpactPPA Gen credit owners. It can also be used as storage for other cryptocurrencies. The Tangerines have an advantage of the following over other digital storage wallets :
The Tangerines card offers insurance to its digital users up to the tune of $1million. This is a feature that was added bearing in mind the security threats faced by digital currency owners from hackers and scam artists. The introduction of an insurance option is an added incentive for users if the Tangerines.
Users of the Tangerines wallet are issued with a prepaid Mastercard with an auto conversion ability that can allow you to use anywhere and anytime in normal trading fiat currencies like dollars and pound sterling. The Mastercard can actually be used at Automated Teller Machines for the withdrawal of fiat currency of any type.
The Users of the Tangerines have an added, unique value of being able to earn with the company. As we all know, cryptocurrency appreciated with time and can escalate at any point on a trading day. The Tangerine wallet allows its users to share in the profit that the company gets from trading with the cryptocurrency in their possession and individual wallet owners are credited with their profits every month.
The Tangerines is a very secure and profit driven platform for crypto owners who wants a secure storage with their profit interest at heart. The ImpactPPA guarantees that its users gets the full access benefit of the users of their tangerine storage wallet.
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The failures of the centralized electricity generation companies worldwide have set back the expected development in developing countries. It's is alarming that at this stage, electricity generation is based on one big central source that can fail at any point in time plunging regions in complete darkness. The ImpactPPA platform is a unique opportunity for power investors to disintegrate into separate models of administration, where power generation options will be distributed and available to everyone in an efficient, scalable and renewable energy at little costs to consumers. The citizens of the developing regions of sub Sahara Africa will benefit more from the ImpactPPA model where power grids are no longer over populated and being depended on for daily power generation.
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