What’s This WaterChain?
From: Riggs Eckelberry
Los Angeles, February 5, 2018
Did you catch our announcement last Friday?
Yes, after months of planning, it’s official: we are building something called WaterChain™.
I first discussed WaterChain in last week’s TV interview.
OK… wait. What is this WaterChain?
It’s a way to use cryptocurrency to speed up water industry transactions.
OK, great, but… wait. What is cryptocurrency?
Let’s back up a little bit. Most people I’ve spoken to do not know what this is all about.
Why is the world so excited about Bitcoin, and cryptocurrency?
No one has bothered to explain the most important thing about it! I mean, what’s wrong with using good old “MONEY” to do business?
Well, there’s a very simple reason: this money is smart.
Look at a dollar bill. How smart is it? Not smart.
A dollar bill is like a car sitting in your garage. It doesn’t know what to do next. You have to direct it yourself.
But this “cryptocurrency” is like a self-driving car. You can program it to do a whole series of smart things, again and again.
And people are inventing “coins” for every industry. There are over 1,500 of these today, automating everything from bank payments to online marketing.
Why the water industry needs a coin of its own.
A major water scarcity is about to hit the world:
- By 2030, there will be 40% more demand for water than supply.
- Half of the people in the world will be living in water-stressed areas. (source)
2030… That’s just 13 years away!
As a result, the water industry will add up to more than a trillion dollar market by 2020 (PDF Report).
This is a complex market. It will have all kinds of challenges in ramping up to the 13-year challenge.
This is where a “smart coin” comes in.
Imagine a device on a water line.
It senses that water has been cleaned to a specific standard.
That device can then trigger preprogrammed payments, anywhere in the world, on the spot.
Using our specialized crypto-coin, it can accomplish in an instant what normally takes weeks to do, with far greater reliability and confidence than normal money-based transactions.
That’s just one example of what a “water coin” could do.
This week, our team is in London, working up the blueprint with The Coin Lab.
We’ll be adding rapidly to the current website, www.waterchain.io. Be sure to sign up on the site for updates!
Are you in the water industry?
We want to work with you!
Persons from the water industry interested in making WaterChain a reality should fill out the form at www.waterchain.io.
You can also simply Reply to this email! If you’re in the water industry, you’re a VIP to WaterChain.
Well, there you have it. We are very excited about this new program.
The rest of the company
I’m working personally on this WaterChain, while the rest of the company stays on the job. So… no distractions for the regular team.
Expect more reporting on our Texas subsidiary, our efforts to acquire more companies, and our technology activities throughout the world.
We’re firing on all cylinders!
Have a great week.
President & CEO
OriginClear, Inc. (OCLN)
Important Note: It is still very early in this project, so there is no assurance this effort will succeed, or that we will successfully fund, and eventually develop, a cryptocurrency offering.
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.