Blockchain’s WaterChain Is Thirsty For Success In Industrial Treatment
WaterChain is developing a blockchain solution for cleaning up the water industry. The company is working on an initial coin offering (ICO) that will allow investors to stake tokens and facilitate the funding of water recycling projects.
The water industry is extremely old-school when it comes to treatment facilities. An estimated 80% of the world’s sewage isn’t treated, and combined with a breakdown in utility infrastructure, growing populations, and industry demands, it’s forced treatment solutions to be implemented on-site.
Unfortunatley, most industries don’t want to do that. They want to pay a metered rate and outsource treatment to service companies, many of them lacking the capital and/or systems to do an adequate job. WaterChain aims to solve both problems.
The company is now in a pre-ICO seed funding round for its concept of modular water treatment and recycling solutions.
