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Now, a block chain solution for India's water woes

ANI  |  New Delhi [India] 

For a long time, we have been hearing that there is a need to conserve water, but how many of us do really care to act on it. Only a handful presumably! Factually, only 0.014 percent of earth's is available for its 6.8 billion people.

Recently, a developed city like was in the news faced with scarcity and the threat of running out of drinking and there is a likelihood of eleven other developed cities of the world reaching that same condition.

A recent UNESCO report has highlighted how too is staring at a deepening water crisis and few steps being taken to ameliorate this bleak situation. Can we afford a water-related crisis? Certainly not!

Subharansh Rai, of Aquaoin INC, which says it is committed to providing clean reusable water without the use of chemicals, said that there are a group of entrepreneurs in who have come up with a block-chain based technology "Water2All"(W2A) that can recycle waste water and make it safe for human consumption. that can go a long way in making use of every drop of water efficiently.

Rai said, "W2A will aim to develop to produce hassle-free potable water with the help of state-of-the-art machines that will be reliable, non-polluting, efficient and cost-effective."

Aquaoin has announced plans to come out with an Initial Coin Offering (ICO) that it says will generate the required funding for creating these ready-to-use machines.

Rai predicts that in India, "functional water is expected to grow and more companies will enter this space" because of five key factors: (1) Growing population (2) Rapid urbanization (3) Growth in tourism (4) Growing awareness about the need for safe drinking water and (5) resources.

As per one report, 80 percent of the bottled water is unsafe. Three out ten units manufacturing bottled mineral water were found to be delivering contaminated to the market. This was revealed by the in March this year while replying to a question in parliament.

Globally, 90 percent of bottled water is said to be contaminated at some level or the other. A survey by Orb Media discovered that widespread contamination is caused by plastic debris.

Now, there is an increasing acceptance that may have the potential to produce drinkable water from waste water.

Aquaoin has the required and machine to produce drinking water as per (WHO) standards and its self-contained, independent and automatic.

Rai said that its endeavour is to work under the government's "Make in India" flagship programme and make this unique technology available at all levels, including state, city, zone, home and individual.

Based on W2A parameters, the Aquaoin "smart" machine is expected to efficiently extract and supply fresh water from waste water.

According to Rai, marketing of these machines will commence by the middle of next year after receipt of all government clearances. Supplies of these machines are expected to commence between September and December 2019.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, May 13 2018. 16:10 IST