Launch Date of Nov. 8, 2017 at 6 p.m. PST Spills Onto the Blockchain
DALLAS, November 6, 2017 (Newswire.com) - The much-anticipated WaterToken launch is firmly set for Nov. 8 at 6 p.m. PST. The hype surrounding one of the largest ICOs in blockchain history has already had over 72,000 downloads of the whitepaper due to the tremendous dividend return; and, second largest bounty ever offered in blockchain history. WaterToken, which is the token of Genesis Research and Technology Group, is based solely on a patented, proven and tested system which removes all contaminants from water for reuse. The oil and gas industry uses up to 10 barrels of water to produce one barrel of oil; and that toxic frack water is then dumped into disposal wells and pumped back into the Earth. The Genesis System revolutionizes how water is cleaned and takes toxic water at a rate of up to 20,000 barrels per hour and cleans it, so it can be reused.
“People ask for green technology, but few companies can deliver from A to Z. The Genesis System associated with the WaterToken ICO gives us the ability to mass produce tens of thousands of systems that are solar-powered and that can clean toxic water for reuse all over the world,” says Ron Price, CEO of Genesis Research and Technology Group. The reason for WaterToken to debut on the blockchain is very simple, people need verifiable results that the water being reused is safe for the environment. The IoT (Internet of Things) system not only analyzes the contaminants from before cleaning; but, most importantly sends the undeniable results to the blockchain of the effects of the Genesis System once the water is cleaned.
Darren McVean, CEO of MVP Asia Pacific, LLC states, “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.” Genesis Research and Technology Group senior executives approached MVP and Universal Media Group 18 months ago because Genesis was exploring a new technology partner with experience in IoT (Internet of Things) smart devices. MVP and Genesis made the commitment to explore the storing of valuable environmental records to the blockchain. MVP was able to develop the IoT and blockchain platform for Genesis along with access to MVP’s massive electrical engineering team that worked closely with the technology department to test and simulate the water readings from the Genesis system.
In 2008, roughly 25 billion barrels of polluted water were produced in the United States alone. This year, it is estimated that the number of barrels of produced water will number in the 31 billion barrels. In response to this immense threat to the environment, Genesis Research and Technology Group has developed sole-sourced, green, state-of-the-art Industrial Water Treatment Technologies that treat produced and frack water and return it to a reusable state.
The Genesis process relies on three licensed purification methods: ozone (O3) generation, coagulation, and ultrafiltration. Using these cutting-edge 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
The water, in the past, used to produce the chemical fluids required for the fracking process either came from nearby groundwater and surface water or brought in by the truckloads from other freshwater sources. “Genesis has developed a game-changing technology that eliminates the use of chemicals and restores the water to a natural state without transportation,” states Billy Hood, VP of Marketing for Genesis Research and Technology Group. Considering that fracking-produced water accounts for roughly 98 percent of all waste products generated by the petroleum industry and 40 billion per annum to dispose of fracking polluted water, the Genesis System is a win-win.
About Genesis Research and Technology Group: Genesis Research and Technology Group is a U.S.-based company that has developed a patented, state-of-the-art technology that provides clean reusable water for the world’s population. The Company exploits its CHEMICAL-FREE technology as its efforts are being recognized by several leading government agencies developing and implementing Green technologies to protect and preserve our Earth’s resources.
Genesis Research and Technology Group provides custom-built state-of-the-art water treatment technologies for all types of water. Years of research and development go into perfecting this technology that allows Genesis to offer its clients a sole source, reusable water filtering and cleansing technology that is totally chemical-free.
For more information: watertoken.io/genesis.
Source: Genesis Research & Technology Group