Introduction
In today's digital era, we lack nothing. We have everything we need and can get everything we want. Technology has made us evolve and our life is getting revolutionized ever since. We grow as the technology grows and technology grows as we grow. Urbanization has lead to a lot of changes in people's life. They come from villages to the cities in search of jobs and then settles here. During the childhood times, going to grandparent's home during the vacation was like a ritual for all of the cousins. We used to go to the villages and the fresh air, open fields, big farms, and ponds are the best memories that we cherish yet and will always do. But one thing that was not very fascinating was the frequent power-cuts. Energy shortfall and waste management were a huge problem there. Actually, not only there, these problems exist in most of the parts of the world. A lot of waste is thrown each year, and the waste output is still elevating every year. Fossil fuels are slowly getting exhausted and a day will come when we will be left with nothing for our future generations that what will they rely on for energy development?? Crypto mining is a process that consumes a lot of energy, that is increasing exponentially every year. Which is again a very big problem to sustainable development and saving the resources.
To solve all these problems, the 4New platform has been established. The project aims at solving two major issues that are, waste management and energy shortfall. The platform is built on blockchain technology and is powered by smart contracts. This blockchain based ecosystem produces energy from waste by setting up power plants. The platform collects and processes the waste turning it into energy that is freely available to meet the voracious consumption by people or other consumers. The platform is first ever developed an innovative decentralized platform that is also eco-friendly and tangible. The electricity produced by the platform is constant and scalable. the platform will provide a peer to peer transaction where the energy produced can be directly consumed by the those in need without any intermediaries. Tokenizing of electricity is done by using a kwatt token. The transactions are easy, fast and secure. The platform helps in making the electricity accessible and affordable to everyone. The kwatt token is used to apply our electricity to the crypto mining processes. The token can be used to purchase the electricity and pay for the bills. Kwatt can be later used for the global transactions in healthcare and money transfer services.
Conclusion
A platform like 4New was very much needed because of the growing electricity consumption. 4New is an autonomous, tangible, open, scalable and transparent platform that converts the waste to energy by power plants. the platform is developed by a team of blockchain developers and advisors. The platform is a single solution for two big problems of waste management and energy shortfall. Not only this, it saves the planet and promotes the sustainable development. In my opinion, such a platform is really an amazing platform, because of its exorbitantly good features and goals, we can imagine a good future for our future generations. The platform helps the nature to heal and the waste management techniques aim at returning the beauty of our planet back to it. Such projects should be promoted in the market. We know that there are numerous rules and regulations of government that aims at saving the nature but they are of no use until and unless we decide to save our nature from our own hands. And obviously, a wise man once said that 'one man is enough to make a difference and this platform can really lead to huge revolutions.
Website - https://4new.io/
Whitepaper - https://4new.io/wp-content/uploads/2018/05/4New_WhitePaper_English.pdf
ANN - https://bitcointalk.org/index.php?topic=2324618.0
Telegram - https://t.me/FRNCoin
Author - ICOmantra
Btalkprofile - https://bitcointalk.org/index.php?action=profile;u=2152283
A Blockchain technology based platform for converting waste to renewable energy? Electricity is a major problem in my country, so this platform can convert waste into energy and distribute it to consumers without Intermediaries? I doubt if it's working already in my country. But thanks for sharing.
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