Genesis Research & Technology Group, a leader in chemical-free clean water, will start pre-registration on the 28th of December, 2017, for its WaterToken ICO. This news follows negotiations with government officials in Sudan, India, Johannesburg and the U.S.
Ron Price, CEO of Genesis Research & Technology Group, said: “With so much pressure to clean water in so many different parts of the world, our focus has always been on the water rather than the ICO.”
WaterToken is set at $0.25 per coin and will be discounted at the start. Unlike other tokens, these will be paid in perpetuity and the token holder will reap the profits annually.
CAO of Genesis Research & Technology Group, Michael Lagow stated: “The excitement of the system and its complete cleaning of all variances of water is amazing and coupled with the fact that it is a green IoT (Internet of Things) system makes this a worldwide game changer.”
The portable and scalable systems can clean up to 20,000 barrels of water an hour; which is important for the ecosystem in the oil and gas industry. The patented Genesis System cleans toxic fracking water which is contaminated with oil and other particles and then can be reused in the fracking process or safely put back into the earth.
Darren McVean, CEO of MVP Asia Pacific, LLC, commented: “We believe the blockchain solves the serious issues around trust and verification of environmental impact monitoring. With the introduction of blockchain and smart sensor devices, ultimately environmental regulation will require real-time monitoring of equipment sensors to ensure instant access to accurate environmental statistics.”
The Genesis process relies on three licensed purification methods: ozone (O3) generation, coagulation, and ultrafiltration. Using these technologies, Genesis can offer the following services:
•Frack and produced water recycling for reuse
•Drinking water sterilization and treatment
•Wastewater treatment and recycling
•Meat and product sterilization for the food industry
•Industrial, petrochemical and refinery wastewater recycling