Although water scarcity is in our area, no Problem, there are many countries that are struggling with a lack of water management. The Blockchain is intended to help use water efficiently. Australia and the USA have already developed first concepts.
Two-thirds of the earth is covered by water, but only 1 percent of it is usable for humans. While we, in our latitude, from a bad Conscience, is the water when brushing your teeth, do not run, others have to actually fight with water scarcity, and the appropriate rationing. Approximately 4.5 billion people due to the shortage of water no access to a safe water supply – and the trend is rising. The Blockchain technology could ensure that water can be more efficiently and distribution ensures used. So you could save your important data on water quality and quantity. This information would help both industrial consumers and private households, to manage the water consumption. On the basis of current data, you could decide whether you can save the water or use. This would not only lowered costs, but also the distribution be made more efficient.
Australia is on the rise
The Australian city of Fremantle is currently planning a project in which the abilities of the Blockchain for the water and energy distribution will be tested. For this purpose, robust, low-carbon and cost-effective systems with the Blockchain technology. Similarly, a large photovoltaic plant, a charging station for electric vehicles, as well as water purification systems and recording with the Blockchain technology. This scope of the project suggests it already: Here is already being developed with a view to future Smart Cities.
Also Melbourne want to optimize the water trade by using the Blockchain technology. This has been done, the city with the Start-up Civic Ledger. In the framework of the collaboration, they have completed a feasibility study for a blockchain-based application. This is intended to increase the transparency and efficiency of the water market trade in Australia.
Clean water in the United States
The Drilling water used to be stored, primarily underground in barrels, making it impossible to use it otherwise. Now the US-based company Genesis Research Technology Group has developed a System that can clean the water chemical free. This process has proved in the last three years as very successful. In order to check the water quality, tamper-proof and evaluate the company uses the Ethereum block Chain. It is a collaboration with MVP Asia Pacific Inc. . Its CEO, Darren McVean said:
“The Blockchain represents an amazing potential for the environmental and land rehabilitation sectors. In the past, governments and community groups had no access to Land, water and air quality records. Only a few have confidence in the reports and this has stifled investment in environmentally friendly technologies in the Bud. We believe that we can achieve through the integration of the Blockchain technology, in the well-proven water treatment process of Genesis RTG in a large scale, enormous environmental benefits and the Blockchain-industry.“
The Blockchain can of course conjure up no water, where there is none. You can support the people, but, apparently, to distribute the available water efficiently and to document their quality.