Taking Water Back to Genesis – How Smart Contracts Can Save Lives
Water is one of the essential supplies that exists in a finite measure on this planet. But while this resource’s value is unparalleled, the growing threat of its scarcity impacts countless peoples lives. According to studies by Mekonnen and Hoekstra, over four billion people in the emerging and developed world suffer from deficiency.
While climate change transforms the landscape, by 2025, two out of three people will live in water-stressed areas. Already, cities in countries like South Africa and the US are showing water-stress in their major cities. One of the key problems with water supply is the means of managing it, presenting a severe problem for high-populations.
Taking Water Supply to Genesis – Blockchain’s impact on Water
It’s safe to say that common knowledge of bitcoin doesn’t conjure up an eco-friendly system. But with organisations like Genesis Research and Technology, innovation finds a way to battle past this connotation. While alternatives do exist to counter water scarcity, like desalination, the risks and challenges remain too numerous for wider use.
Where Genesis comes into it is through its unique approach to providing clean water through Blockchain technology. It also allows for the cleaning of water used in the process of fracking, returning it to a drinkable state. It’s conducted through a process called Pulsed Dielectric Barrier Discharge in order to kill micro-organisms and bacteria.
Water treatment for the 21st century
Through Genesis’ Blockchain, the process is able to use the Ethereum-based system to assess the cleanliness of water. This method allows water treatment to be measured for effectiveness before relaying it back to the main server. The connectivity means that water volume and processing quality are able to be assessed worldwide.
For customers, it allows for a greater level of transparency in the water they buy, while maintaining an individual carbon-friendly footprint.