Hello! This iso will make our world more ecologically!
The World’s First Concrete Waste-to-Energy Blockchain
4NEW — The community in recent years has seen an increase in the disposal of waste from home. Of course, it’s because they use goods or equipment that generate a lot of waste.
Along with this, humans also use a lot of energy that comes from the earth, like minyal and others. Especially to provide the electricity needs every day they use for the home, office, workplace and others. All sorts of this bad thing will certainly continue if not the people who care.
In general, there are two problems that are already serious today, namely the problem of the amount of waste and the problem of energy shortage on earth. And from this problem, 4NEW is trying to help save waste and increase energy supplies.
Integrating waste treatment facilities to generate favorable electric power.
- 4NEW Solution
4NEW is the world's first eco-friendly, tangible, blockchain ecosystem powered by waste to energy power plants. The concept is quite simple, the process of refining waste product into water and organic materials createsenergy and that is then leveraged to either be sold to the national grid or applied to operate mining processes at an onsitemining farm.
The cost to produce the energy is met through the revenue generated from the waste collection services and sale of byproducts facilitating a sustainable operation at breakeven or a marginal profit. Therefore, the energy produced is unencumbered and freely available for utilization or sale to the national grid. Historically, the price of 1 kilowatt has been very stable for the past fifty years at approximately $0.15 globally, inflation adjusted. This trend is expected to continue for the foreseeable future in lieu of technological innovations. However, the wild card that not many have truly evaluated is the exponential acceptance of the blockchain worldwide leading to a massive spike in energy consumption by cryptocurrency mining that could drive the price of 4NEW has the unique opportunity to apply this finite lifetime supply of energy to its coin, namely, KWATT. The 4NEW coin symbol is KWATT. Each KWATT Coin embodies within it, 1 kilowatt of electricity for a year
- In short, what will 4NEW do
The waste and energy industries are still operating on archaic and antiquated payment systems. Most transactions are still settled with cash payments in an extremely fragmented market that is dominated by small businesses. The industries are yearning for a more efficient system to be in place. 4NEW will develop a blockchain network that will facilitate payment systems within the two industries by integrating all financial transactions to be incurred with the 4NEW Coin. This will enable standardization of the industries at large and rapid consumer adoption given the need to have waste collected, energy provided and savings earned by the end consumers. This will also facilitate efficiency and convenience as consumers will be able to make timed payments with their 4NEW Coins.
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.
4NEW Limited- Waste to Energy operating company.
4NEW Smart Meter Limited- Smart Meter leasing and operating company.
4NEW Assets Limited - Real estate asset holding company inclusive of property, plant and equipment.
To find more about the four step model of the platform, access the platform’s website on https://4new.co.uk/.
The token used in the platform to transact, makes payments and regulate usage of electricity by households, industries and private users, is the 4NEW coins. Each 4NEW plant has a minimum annual capacity of approximately 40,000 tonnes per year of waste processing.
Each ton generates roughly $110.00 in coin utilization for waste collection services. Additionally, processing 40,000 tonnes of waste per year would convert to approximately 104,000 MW/Yr of energy that can be sold for approximately $0.13 per KW in coin utilization. Both waste and energy require roughly $13,500,000.00 in coin utilization per annum per plant. To meet up corporate objectives of the platform, ICO is out for offer to allow participants take active part in the inherent benefit of the platform.
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