4NEW — Two birds in one stone?
I live in Sri Lanka, a tropical island near India. Those who has visited or heard about Sri Lanka might be imagining a tropical island with beautiful beaches covered by hot blazing sun, and amazing green covered hills in the middle of the county. But there is something than this meeting the eye hidden in plain sight. Colombo, economical capital city of Sri Lanka, is extremely populated and the waste generated from Colombo only is 3400 tons/day and about 86 percent of waste is dumped in the open with only about 6 percent of this made into compost and about 4 percent of it recycled.
Recently we faced a disaster of Meethotamulla where the Colombo’s biggest garbage dump land slides causing 26 human lives and making thousands of people homeless.
So it is so clear that we needs a solid waste management sooner than later and what if I say there is already a solution for this?
4NEW — The world’s first eco-friendly, tangible Waste to Energy blockchain solution
OK, Tell me about 4NEW
4NEW is the first ones in the world to convert the waste generated from households and then convert it into energy which is then sold to the national grid with help of blockchain technology. Yes that is 2 birds from 1 stone. The entire tangible supply chain from waste collection to energy distribution is integrated on to the blockchain network.
But how are they going to integrate blockchain to waste management?
The 4NEW decentralized, distributed ledger is where all actors in the industry will be able to trade for waste and energy transactions, using the 4NEW Coins as the currency. The 4NEW coins are utility tokens with smart contract capabilities built in. The coins are smart contracts which establish a binding relationship between transacting parties and provide a value for each transaction. The ledger provides an immutable and auditable journal of all transactions related to purchase and sale of energy and waste. With all parties to each transaction being able to see the same ledger entry, costs of reconciliation and potential issue of disputes and revenue leakage are controlled to a very large extent. This will standardize two industries that are yearning for technological innovation. This will also enable 4NEW Coin to become the global currency between peers and consumers for all energy and waste services.
OK, you are getting too technical now. Do they already have a working solution?
In the Q1 of 2018 they are going to complete purchase of three 4NEW plant sites with planning permissions & regulatory licences in places already identified:
- Sheffield, UK — 30 acres
- Hertfordshire, UK — 10 acres
- Newcastle, UK — 5 acres
Also they will initiate development of blockchain platform and initiate 4NEW Smart Meter approval process with the UK SMETS 2 protocol. That is a lot of progress for a 1 quarter and that means business!
Also by the end of 2018, all plants will be operational.
Can I buy 4NEW coins now and why should I buy them instead of buying some Bitcoins?
Yes of cource. Head onto https://www.4new.co.uk/ and buy some today. It is currently at the price of 170 FRNC per 1 ETH. FRNC is the token name (ticker) for 4NEW coins.
Also FRNC token will hit on multiple exchanges from February 2018 and initial price will be nearly doubled the ICO price. Also 4NEW promises to solve 2 of the most major problems in the world right now. That will bring lot of investors to this and token price will moon from the start.
If you need to more information take a look at below places
Official website — https://www.4new.co.uk/
Whitepaper — https://www.4new.co.uk/assets/4new_whitepaper-218d3bb2cc33bb678880adbed8a6158e68f67383f44854d291b65a879420dde9.pdf
Lightpaper — https://www.4new.co.uk/assets/4new_lightpaper-ee8408e3239a0eab688e35ce6097e84ca47a9b4376210714535da2e08b32859d.pdf
Bitcointalk ANN thread — https://bitcointalk.org/index.php?topic=2516739.new#new
