There are lots of news, publications and campaigns rapidly going on over the internet about many start of companies. You have nothing to panic about when you hear f ICOs and blockchain. This is a revolution long overdue for every sector to migrate to decentralized system of business operations. It is not always about cryptocurrencies but the great potential in the blockchain technology which many upcoming startups and captains of industries are looking forward to integrate in their business operations and services. Today’s article is about a new ICO startup called WPP Green Energy that is set to disrupt the energy sector with their green energy proposition on a blockchain. They have outlined an engaging vision and feasible roadmap to help actualize this goal.
Current Energy Challenges in the Energy Sector
The energy sector is a very big and massive sector which is generating billions of dollars to countries and companies. One of the major challenges faced is pollution caused by these methods of energy generation. Since the demand for energy is on the high side many countries are focusing on expansion of their power plants and other energy generation platforms. Most countries depend on coal, natural gas, nuclear, crude, and hydro to generate their electricity for the country. These sources of energy generation is associated with one form of pollution or the other. The coal for instance is coal associated with excessive heat and carbon dioxide which has been identified as one of the major contributor to global warming and ozone layer depletion. These carbon dioxide combine with ozone in the atmosphere to chlorofluorocarbons which depletes the ozone layer responsible for reflecting away dangerous radiation and heat from reaching the earth. The consequence is excessive heat and radiation getting to the earth which is catastrophic if not checkmated. The UN council and every member country signed a green revolution agreement in Geneva to cut down of pollution generated by every country to help preserve the earth.
The existing companies in the energy sector are not fully optimized in their operations as many countries energy are run by government which is centralized in nature. There is need for more privatization and call on investors to participate in the energy generation but this time green energy which is safer for our health and environment. Renewable energy sources like hydro, solar, wind are being introduced and used by some countries courtesy of green energy companies. More has to be done to create a common platform and increase counterpart funding and support in developing and advancing green energy revolution among countries and companies. This led to the birth of WPP Green Energy which is set to help the energy industry and stakeholder solving most of their challenges through collaborative effort developed on their blockchain innovation.
WPP GREEN ENERGY SOLUTION ON BLOCKCHAIN
There is no efficient and sustainable way that can fully initiate and maximize the energy industry than the blockchain technology. WPP Green Energy solution is one built on a blockchain to ensure transparency, security and optimization of operations by stakeholders. The blockchain ecosystem is deigned to cover six identified key aspects of the energy sector and blockchain innovation which includes renewable energy infrastructures and digital marketplace, renewable energy physical goods marketplace, renewable energy cryptocurrency exchange, Green energy mobile applications and reward systems, Collaborative system and Crowd funding. Let’s take a brief at each of these key elements
Renewable energy infrastructures and digital marketplace: The WPP green energy blockchain platform will allow registration and participation of the public including government agencies, CEOs of energy companies, energy consumers, and energy innovators on the platform. They will be required to sign up and create account via the mobile application and participate based on their input and services in the ecosystem. There will be upload different energy installations information and services on the blockchain. The cost of its service to consumers. It is a global energy supply data and availability from energy producers. Consumers can pay for the service using WPP token which can be bought on the mobile application or any cryptocurrency exchange market. Green energy companies put up their services and transactions are carried out between energy supplier and consumers of a transparent smart contract.
Renewable energy physical goods marketplace: Another aspect is the sale of green energy products and services to participants. Green energy producing companies into solar, wind, etc. can put up their products for sale on the WPP blockchain platform and energy consumers who are interested can order for their products which is done through the smart contract. Marketers and wholesalers of energy products can do business with these big companies. Other green energy companies in other line of energy generation can do business with each other on the blockchain. This will save time and resources that would have been wasted in scouting and drafting out contract agreement.
Renewable energy cryptocurrency exchange: This platform is focus on building a blockchain cryptocurrency exchange system for exchange of other cryptocurrencies into WPP tokens. The target is to make WPP token a standard of exchange in global green energy through its adoption by key players in green energy on their blockchain ecosystem. It will serve as reward points curbing carbon emissions in the energy industry.
Green energy mobile applications and reward systems: Like every other blockchain platform WPP Green Energy will have a mobile application for the frontend where users can join in the community. The backend is manned by the blockchain and allows for encryption of data and smooth peer to peer communication among users. The mobile application will have provision for users to deposit tokens to their wallet which they can use to transact on the blockchain. There is a reward commission for every transaction on the blockchain to encourage energy consumers and producers on green energy.
Collaborative system: The platform is designed to allow collaboration amongst all users. Energy producers can share vital information and tips to consumers. The consumers on the other hand can share their experiences on the products which gives more room for improvement and better products in the ecosystem. It would be easy to identify defective products and companies whose products are performing badly on the market.
Crowd funding: the platform allows for innovators and startup to source for fund from the community to build their green energy technology and products. This is a way of encouraging and moving the world to a cleaner energy supply free of pollution.
About WPP Token and its ICO sales
The WPP token shall be the cryptocurrency to power transactions and give value for service on the platform. This is usually of every blockchain application and the choice of a unique token for the system is to ensure adoption by all key layer and consumers to make WPP token a standard in the energy industry. In order to provide a chance for investors to participate in this startup and raise fund to develop the product, WPP is minting a total of 5Billion WPP tokens with 2.5billions of this token open for sale at an ICO price of $0.20 for each token. Sales of these token have commenced since 15th July and will end on 15th September this month. This is a valuable project for all interested ICO invested and the general public unlike other ICOs that have no project and market opportunities.
To learn more about WPP Green Energy and its ICO token Sales, please visit the links below.
Website: https://wppenergy.io/
Whitepaper: https://wppenergy.io/pdf/Whitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=4449273.0
Twitter: https://twitter.com/wppenergycoin
Facebook: https://www.facebook.com/WPP-Energy-575263249486648
YouTube: https://www.youtube.com/channel/UCXWicQvqXSCfTLf8R-Tf8uw/featured?view_as=subscriber
Telegram: https://t.me/WPPEnergy
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Username: Finixfly
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