Between October of 2018 and July of 2024 CEO OriginClear gave a weekly briefing to shareholders and other followers on company activities and progress. Videos or transcripts of their audio are available here.
You can watch the new monthly
Legends Of Water broadcast here:
What’s This WaterChain?
Good morning!
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.
At the recent North American Bitcoin Conference in Miami, explaining WaterChain™ for a forthcoming video.
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.
What’s next?
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.
Your CEO,
Riggs
Riggs Eckelberry
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.
