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.
THE PROBLEM
The Earth Day, first celebrated in 1970, revolutionized our thinking about the environment. It is deemed to be the birth of the modern environmental movement. Currently, 193 countries are coordinated on the Earth Day Network working collaboratively to build awareness of the various environmental issues that impact us as a civilization. Two of the most important issues, at the top of their list since inception, has remained the global waste surplus and the global energy shortfall.
THE SOLUTION
“There is no energy crisis, only a crisis of ignorance.” R. Buckminster Fuller.
MANAGEMENT DISCUSSION & ANALYSIS
4NEW Limited is the world’s first blockchain integrated Waste to Energy public utility treatment plant. 4NEW will revolutionize Waste and Energy industries by offering services as a wholesaler within the Utilities sector that is fully integrated onto an open source, decentralized public exchange enabling consumers and industry peers alike to trade their 4NEW Coins towards payments within the 4NEW ecosystem
Our product is grounded in necessities, solving two social problems, waste surplus and energy shortfall. Our blockchain platform will be built on top of the underlying treatment infrastructure covering the entire supply chain from collection of waste to generation of electricity to sale of energy units to the national grid or between consumers and industry peers. Given the utilitarian nature of our services, it is our belief that 4NEW will successfully integrate the blockchain network within the real world applications of waste to energy conversion with widespread acceptance.
Moreover, 4NEW will be able to support the energy consumption costs of its own decentralized open source platform enabling 4NEW to operate at significantly reduced cost compared to the other blockchain networks.
It is our opinion, that the 4NEW Coin will evolve to become the standard currency amongst the cryptocurrencies. Its like having our very own battery pack built into our blockchain integrated network.
MISSION
Our mission is to provide a complete blockchain integrated, scalable, localized solution for Waste to Energy conversion with real time feedback for our consumers. By integrating the complete supply chain of Waste to Energy onto the blockchain network we create economies of scale and transparency that is passed along to the end consumer thereby generating savings and confidence while holding ourselves accountable.
THE 4NEW BLOCKCHAIN INTEGRATION
Waste management and energy industries both tend to be laggards in terms of adapting to new technology. The waste and energy industries are extremely fragmented. Most operators comprise of mid-market facilities and tend to be specialists in locales they operate in. These operators represent approximately 50% of the waste collected and treated in the UK alone.
In addition to very thin profit margins, they also suffer from immense cash dependency as their primary source of receivables. Consequently, revenue and cash management cycle is often an integral part within a company’s revenue cycle management.
Inefficient and unreliable revenue cycle management leads to turbulent cash flow which can further cause employee turnover and lack of productivity.
The 4NEW decentralized, distributed ledger is where all actors in the industry will be able to trade for waste and energy transactions, using the 4NEW Coins as the currency. The 4NEW coins are utility tokens with smart contract capabilities built in. The coins are smart contracts which establish a binding relationship between transacting parties and provide a value for each transaction.
Details of Token Sales
ICO Begins: October 17th, 2017
ICO Expires: December 15th, 2017
Name: 4new
Symbol: FRN
Token Price: 1 FRN = 0.005882 ETH
Total Suplay: 300,000,000 FRN
More Info :
Website : https://4new.co.ukWhitepaper : https://4new.co.uk/4new_whitepaper.pdf
Lightpaper : https://4new.co.uk/4new_lightpaper.pdf
Facebook : https://www.facebook.com/4newcoin
Twitter : https://twitter.com/4newcoin
Telegram : https://t.me/joinchat/EgIZbBDLYGHlhtbSS58i-Q
Author : mriansa
https://bitcointalk.org/index.php?action=profile;u=886049
