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H20 Water Securities Launches World’s First Crypto Water Token and Raises $150 Million

Jimmy Khan

Jul 06, 2022 14:41

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Through its recently launched H20 Securities subsidiary, South African-based Exchange Trust Settlement Services' system—which effectively provides the first crypto water token in the world—was built.


The H20N coin is precisely a component of the H20 Water Network, a worldwide endeavor that integrates technology and financing for the construction and management of water plants.

Water Network 20

The main objective of the H20 Water Network is to employ blockchain technology to modernize the funding, deployment, and management of water plants.


Notably, H20N is not focused on the technical, engineering, or construction components of such projects, even though it serves as a vehicle for raising money for the funding of international water projects.


In addition to paying for engineering services, maintenance, water treatment, insurance, surveying, data management, equipment and material deliveries, H20N is used to settle invoices between network members, including water plant operators and their customers.


Overall, compared to more conventional procedures, this kind of financing shortens the time it takes water providers to supply to new customers.


The goal is to worldwide connect more people to drinking water more quickly and affordably in light of water shortage. Because of this, the project uses the H20N token to reward users of the H20 Water Network, providing them with incentives to participate.

Worldwide Water Infrastructure

Two billion people, or 30 percent of the world's population, already live in water-scarce circumstances, and by 2030, it's anticipated that this percentage will reach 50 percent.


Many people lack access to enough water to meet their daily requirements, but the bigger, more systemic problem is a lack of finance for water infrastructure. The Organisation for Economic Co-operation and Development estimates that by the year 2030, the financing deficit for water infrastructure might be more than $18 trillion worldwide (OECD).


Herein lies the role of H20N. The token seeks to enhance the amount of water that is available to the world's population by accelerating investment in water infrastructure to satisfy demand. It also opens up new methods for producing water.


With more than 70% of efforts going toward sub-five million litres per day, the imitation eventually aims to attain water plant capacity ranges of less than 100 million litres per day (MLD). The original project financing expenditures are then covered by the sale of the water.