Blockchain for Water Security and Distributing Water More Efficiently

The world’s demand for water has grown by around 1% per year. By 2030, we may fall 40% short of the amount of freshwater needed to support the global economy as pollution and climate change affect the global water cycle.

For 1.9 billion people, water scarcity is already a reality – this number is expected to rise to 3 billion by 2050. Microplastic fibers were found in 83% of tap water samples around the world and more than 90% of bottled water analyzed.

Blockchain can be used to tackle water supply and distributing water in affected areas more efficiently.

  1. Water Supply

• Water monitoring and management
• Micropayments for water meter donations

2.  Drought planning

• Precipitation intensity monitoring and forecasting
• Automated crop insurance for drought periods

3. Adequate Solution

• Asset-backed token system for clean, accessible drinking water
• Hyperlocal water data for monitoring water quality
• Efficient water treatment systems

4. Water efficiency

• Blockchain-enabled peer-to-peer trading of excess water resources
• Cryptocurrency enabled smart meters

5. Catchment control

• Decentralized, catchment-based approach to improving water quality
• Water quality control in catchment areas

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