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Riggs Eckelberry, founder and CEO of water technology company OriginClear, knows that America’s water infrastructure is broken. The 150,000 plus water systems of the nation are waiting to be fixed and the people who need those services the most are left to pick up the pieces themselves. Riggs believes that OriginClear’s outsourced water programs could be the answer they are looking for.
by Tyler Gallagher
In this interview series called “5 Things You Need To Understand In Order To Successfully Invest In Cryptocurrency” we are talking to leaders in the cryptocurrency industry, as well as successful investors, who share insights from their experience about how to successfully invest in Cryptocurrency.
"For thirty years, innovators have dreamed of a “financial Internet”. But efforts to create virtual currencies uniformly failed. The problem was simple: how do you make sure an electronic bit of information is really, really unique? This is called the “double-spending” problem.
Riggs Eckelberry is leveraging his experience as a tech entrepreneur to help solve the world’s water problem. Mr. Eckelberry is the chairman and CEO of OriginClear, a company democratizing water investment by connecting investors to water projects through a two-level cryptocurrency system consisting of consensus and dividend-paying tokens.
"With the current malaise in the markets, many skeptics think this is the end for the cryptocurrency space. While cryptocurrencies have faced similar downturns in the past, the attention hasn’t been this much. We reached out to a round-table of experts who gave us their views on what’s actually happening. Here is what they had to say:"
"No this is not the end – in fact digital currency allows companies like ours to transition our industry in way that is much easier to solve because of the benefits of the technology of NFTs and Digital currency.
Riggs was once a happy tech executive. In 2005, he helped take a security software company public as its president. Then, he pitched a fund and─long story short─Riggs ended up as CEO of a small public company working to disrupt industrial water, a huge, but slow-moving trillion-dollar global market. Riggs is uniquely qualified to disrupt this industry, having learned management in the nonprofit space, captained oceangoing ships, and achieved several tech exits during the dot-com boom.
"The trend of increasing chemicals in the groundwater means there could eventually be a problem," said Dan Early of OriginClear, a Clearwater company that creates water treatment equipment.
Conceptually it makes a lot of sense to farmers and oil producers alike: Use the latest filtration technology to turn one of Kern's most troublesome waste streams — oilfield produced water — into a safe irrigation source.
There’s nothing better than a rearview mirror, but since you can’t drive backwards, you’re going to have to develop the ability to evaluate in real time. It means being willing to make mistakes — FAST.
