There’s recently been a few various energy projects entering the cryptocurrency market. 4NEW project is one of the best cryptocurrency project that will convert waste into energy. 4NEW is the world’s first ecofriendly and sustainable waste to energy blockchain solution.The main target of the project is to convert the waste generated by households on a daily basis into energy.
They are planning to produce energy by refining waste products into into water and organic material.Then this converted energy is then sold to the national grid or back to the same household from where it was initially generated.
Then the end product of the converted waste is processed in the 4NEW plant , which will help to rotate turbines to generate electricity. In this way, the waste gets converted as soon as it is received and ensures zero to landfill. Then, the electricity generated is then sold to either the end customer or the national grid.
4NEW plants are situated close to urban areas, which have high carbon footprint. Also, urban areas are the places which has higher proportion of the total waste contribution. Hence this 4NEW project helps to save ecosystem while generating electricity. The team behind the project hope to revolutionize the waste, energy and cryptocurrency sectors simultaneously.
4NEW coin :
4NEW coin function as the “ Coin as a Service” to industry peers, consumers and early adopters. 4NEW coin is a platform which facilitate the transactional exchange between Business to Business( B2B), Business to Consumer(B2C) and Consumer to Consumer(C2C) which is related to waste and energy markets.
4NEW supply chain :
Initially, waste is collected either from households or waste aggregators. It is then incinerated at the 4NEW plant, creating steam that turns the turbines to generate electricity. 4NEW supply chain is a zero to landfill process. They do not deliver any waste to landfills.
Cost of 4NEW for consumers :
4NEW plants are located in urban areas, hence transportation and delivery costs associated with moving waste in plants are minimized. Due to the most of waste and garbage are collected in urban areas, that waste can be transport easily to the 4NEW plant stations.
Environmental impacts of the 4NEW supply chain :
- The water discharge that has to be treated is minimum.
- The treated water is reused in the plant to cool down the gases generated from incineration process
- Water that vaporizes into air is usually as clean as drinking water.
Therefore above features emphasizes that 4NEW project is so ecofriendly into the environment.
How 4NEW contributes to the sustainability of environment?
The major problems of the world includes general waste management. Due to the urbanization and industrial revolution , growing population and the problem of limited resources, manufacturing of goods have noticed a high. This has lead to the disposal of these products into landfills.
However, with the growing population also came a growing demand for land. As a result, setting up landfills for all our waste became not a viable solution. Earth will not have a sufficient resources, infrastructure or solutions available to solve the burdens of this increasing problem. With the 4NEW project, much needed solution can be implemented.
Conclusion
4NEW is the world’s first ecofriendly blockchain ecosystem powered by waste to energy power plants. 4NEW’s ecosystem will provide a blockchain platform that will enable decentralized , peer to peer transactions whereby production of energy can directly meet the consumption of energy globally. Hence 4NEW is a sustainable project that convert waste into energy in cryptocurrency market.
Some of the links you might need :
Official web page : https://4new.co.uk/
White paper : https://4new.co.uk/4new_whitepaper.pdf
Light paper : https://4new.co.uk/4new_lightpaper.pdf
Twitter : https://twitter.com/4newcoin
Facebook : https://fb.me/4newcoin
Telegram : https://t.me/joinchat/EgIZbBDLYGHlhtbSS58i-Q
Official blog : https://medium.com/@4newcoin
Author’s details:
Bountyhive username: Channa
Bountyhive referral link: bountyhive.io/r/Channa