the new hottest project in 2017 is 4new project and raise 24M$ in 1week
What is 4NEW?
The world’s first eco-friendly, tangible, Waste to Energy
blockchain solution.
What does that mean?
That means we are the first one’s to convert the waste
generated from households on a day to day basis and then
convert it into energy which is then sold to the national grid,
aggregators or back to the household form where the waste
initially generated from. While the technology to convert
waste into energy has been around and proven to be quite
effective in most countries, nevertheless, nobody on the
planet has integrated the entire tangible supply chain from
waste collection to energy distribution integrated on to the
blockchain network.
What sector does 4NEW operate in?
4NEW operates in the Utilities sector given the services.
Describe the 4NEW Coin?
4NEW Coin functions as a “Coin as a Service” to industry
peers, consumers and early adopters. Decentralized, open
source blockchain integrated platform facilitating
transactional exchange between Business to Business (B2B),
Business to Consumer (B2C) and Consumer to Consumer
(C2C) related to waste and energy markets.
Describe the 4NEW supply chain?
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. We do not delivery any waste to
landfills as all waste is simultaneously processed as it is
received.
Electricity Electricity is then sold back to the end customer or the
national grid.
Overview
How will the 4NEW model streamline costs to consumers?
Given the localized 4NEW plant setup in close proximity to
urban centers, transportation and delivery costs associated
with moving the waste to distant landfill sites are entirely
removed. Additionally, the carbon footprint of transportation
and delivery of waste is also minimized. Furthermore, costs
associated with maintenance and treatment of a landfill site
to remain compliant with environmental guidelines are
nonexistent as nonexistent as there is no landfill within our business model.
How will 4NEW generate 15 to 20% savings to
consumers?
The reduction in costs from the localized treatment facility
strategy and zero to landfill approach allows us to charge our
customers at a discounted price for our goods and services.
These discounts will facilitate widespread adoption.
Is there any environmental impact of the 4NEW supply
chain?
Typically, there is minimal water discharge that has to be
treated. The treated water is reused in the plant to cool down
the gases generated from the incineration process. Any
water that vaporizes into the air is usually as clean as drinking
water. Therefore, the impact to environment is minimal.
How does the blockchain apply to the supply chain of
4NEW?
The waste and energy industries are extremely fragmented
and tend to be laggards when it comes to adopting new
technology. In addition to this, the profit margin spreads are
extremely thin. Industry peers also suffer from immense cash
dependency as their primary source of receivables. Inefficient
and unreliable revenue cycle management leads to turbulent
cash flow which can further cause employee turnover and
lack of p lack of productivity.
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