The Whole Earth Foundation is a non-profit company that developed, delivers, and runs the CIDP, which uses blockchain technology, under the mission of "We Democratize Infrastructure Management." It offers cheap rewards for people who provide knowledge about the infrastructure that leads to the national interest and who works to facilitate a highly competitive and cheap forum for the monitoring and upkeep of infrastructure. The Organization's central environmental database based on blockchain technology provides comprehensive environmental and infrastructure records worldwide. Over time, this database is expanded and extended by knowledge informants in the environment.
Whole Earth Foundation & Democratize Infrastructure Management
Democratize Infrastructure Management plays a significant role in the idea of the entire framework to understand the objectives and strategy of the Whole Earth Foundation. Democratizing involves using inclusive decision-making methods for organizations. The Whole Earth Foundation uses the Whole Earth Access (WEA) to interconnect the general public (or suppliers of knowledge) with infrastructure services by offering access to records providing comprehensive information regarding the infrastructure. Therefore, they build a communications and coordination ecosystem worldwide.
The initiative of the Whole Earth Foundation
The initiative of the Whole Earth Foundation was designed to fill the void between people and companies in infrastructure. It integrates infrastructure in the daily life of the person. It belongs to the people who work there. The public entities should not even be managed centrally by public bodies. The goal is to overcome the distance between people and businesses and the local authority that maintains infrastructure, gather information relating to infrastructure management in general, create a blockchain, and implement cryptocurrency as a community welfare incentive. The foundation claims that it can only be necessary for them to maintain their facilities alone when contact between the providers of infrastructure and the public improves and that people enjoy substantial benefits for long-term social benefit.
Problems of Current Infrastructure Management
The creators of the Whole Earth Foundation discovered a widespread problem of aging infrastructure during a more comprehensive review of traditional infrastructure management worldwide. Sadly, the infrastructure vendors have not always repaired and renovated the buildings they operate well. However, most people do not fully understand that fact or the realities, in the form of a rise in different bills, that will bear the brunt of these costs. This challenge is not limited to a single country; most nations have much older infrastructure maintenance schemes. In most nations around the world, there are similar problems.
Two primary features relevant to public facilities would be evident after further consideration of this issue.
1. Unbalanced accessibility for service suppliers and residents to details. Often, suppliers of infrastructure services are managed by or closely governed by public authorities, which mostly overlook the ability to spend capital to integrate more profitable and productive regulatory frameworks.
2. The failure of the entities to contest the condition. The general populace who are recipients of these programs do not have the resources and have minimal opportunity to urge service providers or to engage in efforts to assist their operations more efficiently, to be aware of the state of the facilities.
If left unaddressed, these issues will lead to significant community damage and a significant loss of critical services.
The Approach of Whole Earth Foundation
● At the center of the foundation, the ecological archive includes comprehensive knowledge about the climate and facilities. With time, this archive is growing and expanding by the environment respondents (mainly by general citizens). Via blockchain technology, participants will use a digital currency called the whole earth coin to capture and supply data (WEC).
● The value of won WEC tokens varies according to the form and consistency of the data provided with each data point contributed. Participants may, for example, identify or make images to depict the infrastructure circumstances such as Manholes, Roads, Bridges, Electric Polls & Water Pipe Leaks, etc.
● Both files are physically identifiable by their GPS location and associated at the time with other parameters. Thus, the cornerstone captures critical infrastructural complex patterns and status that evolved and effectively captured our infrastructure's realistic circumstances.
● A membership fee is payable to future partners who would like to work on Planning to utilize or use the central database to maintain partnerships with the foundation. The fund would then buy WECs to pay for the construction costs of the plant. If the project evolves, the foundation expects to build joint ventures and innovative ways to use the WEC token inside the community. One utility is to coordinate the use of WEC tokens for products and services with industry partners.
The Whole Earth Foundation will create a new environmental information system worldwide, beginning with the effective gathering of necessary information globally. This effort would lead to developing a healthy environment, wealth management, and digitalization advancement in the sector. A large portion of the community tokens is essential. In return for your work and contributions to the development of the central environmental database, these tokens will be allocated to you in the ecosystem.
For more update please visite us;
Website: https://wholeearthfoundation.org
Whitepaper: https://wholeearthfoundation.org/whitepaper.html
Medium: https://medium.com/wholeearthfoundation
Telegram: https://t.me/WholeEarthFoundation
Twitter account: https://twitter.com/WholeEarthFdn
Reddit: https://www.reddit.com/r/WholeEarthFoundation
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