A new method of creating water treatment plants could help solve the problem of water shortages in China.
Ethereum, a cryptocurrency, is currently being used to build water treatment systems in China, and Ethereum developers hope that the technology will one day make it possible to produce and sell water in the country.
“With the Ethereum network, you can create a platform for the production and distribution of water.
You can also connect to the Ethereum platform to distribute water, like a smart contract.
Water can then be sold to the community for a price,” said a senior developer on the Ethereum Blockchain Development Group.
The developers of the new water-supply technology also want to build a water-treatment facility on top of a hydropower plant, using the blockchain.
“The blockchain technology allows us to create an integrated infrastructure that can be used to make water treatment a reality,” said Chen Guoping, a senior researcher on the project.
“The infrastructure can be connected to a hydropolis, or it can be built by a group of smart contracts on top a hydroelectric plant,” he added.
“Once we are able to establish a network for this, we hope to see the development of a decentralized water supply system in China.”
The blockchain’s potential to provide a decentralized system of supply has been discussed by Ethereum developers before.
The Ethereum network is based on the Proof of Stake protocol, which aims to decentralize the Bitcoin blockchain.
The blockchain also enables transactions in which a person or company owns a token and uses that token to buy or sell a commodity.
In a way, this means that an individual or company can control a commodity without having to trust a third party to sell or buy it.
“A water treatment facility could be built using Ethereum to store water, and a smart-contract can be programmed to make the contract work by the blockchain,” said Xu Li, a team member of the Ethereum Project.
“With the blockchain, we can create an infrastructure for the creation of water.”
He added that the water-temperature control system could also be controlled by the Ethereum Smart Contract, which is similar to how the Ethereum virtual currency is used.
“This allows us a lot of freedom in our software,” Li said.
“We can also add the functionality of smart-coding, which allows us the flexibility of making changes to the contract without requiring a third-party.
With the smart-script system, we don’t need to be able to make changes to contracts or to a single contract.
We can have many smart contracts that can do the same thing.”
He explained that the blockchain could also act as a secure storage system for the data of the smart contract, as well as the contract itself.
“In a system that we are working on, we will be able use Ethereum smart-cards, which can be bought with Ethereum tokens.
They can be stored and used by the smart contracts in our water supply,” Li added.
The Ethereum Blockchain Technology Group, which has a number of projects under development, is now working on a water infrastructure project, the developers said.
They also said that they have developed an Ethereum Smart Card to store and store Ethereum tokens on the blockchain for the purpose of smart contract-based applications.
“We plan to introduce Ethereum smart cards to the local market by the end of this year,” Li told Crypto Coins.
“I believe that in the near future, this will become an integral part of the market.”
“We are planning to launch our first smart-card in early 2018,” he said.