4NEW, THE ICO FOR SOLVING THE WASTE TO ENERGY PROBLEM

4NEW, THE ICO FOR SOLVING THE WASTE TO ENERGY PROBLEM

Conversion of waste to energy and wealth has emerged as one of the greatest challenges facing state and local government environmental protection agencies across the globe. The volume of  wastes been generated continues to increase at  a  faster  rate than the activities  of  the various agencies concerned with waste managements to  improve on  the  financial  and technical resources  needed  to parallel  this  growth. The problems of surplus wastes  is  characterized  by  inefficient  collection  methods, insufficient coverage of the  collection system  and  improper disposal of  wastes. The quantity of waste generated in urban areas in industrialized countries is higher than in developing countries; still municipal solid waste management remains inadequate in the latter. Waste in developing countries differs from developed countries in that most  developing  countries have waste  management problems different  from those found in industrialized countries in areas of composition, density, political and economic framework, waste amount,  access  to  waste  for  collection,  awareness  and  attitude.

 The  concept  of  Waste-to-Energy-and-Wealth  literally  means  moving  waste  from  a  platform  of  exhausted  utility  to valuable and desirable level. Its transformation:  in engineering, requires some form of energy, and in economics requires factor of production.  The  latent  issue  here  is  that  “waste”  in  itself  can  never  be  wealth  otherwise generator  will  never  discard  it.  Likewise,  wealth  is  created  and  the process  of  creating  wealth  has  some  cost implications  that  the  market forces  construe  as  the  price. This means that not all wastes are potentially of secondary benefit. In all, the slogan “waste-to-Energy-and-wealth connotes that waste management operations must transcend delivery of service to provision of goods or value like energy. The aim of this article is to elaborate on how 4NEW is the ICO for solving the waste to energy problem globally. My wish to live in a world that provides hope for the teeming population and creates a good avenue to tackle the increasing environmental and energy concerns prompted me to discover a 21st century wonder at https://4new.co.uk/, a decentralized waste-to-energy platform.

4NEW Limited was created to address the challenge of incessant waste management in a bid to convert it to usable energy for human consumption. 4NEW Limited is the world’s first block chain integrated Waste to Energy public utility treatment plant. 4NEW will modernize 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. The platform is solving two major problem of waste management and energy supply through a decentralized ecosystem built on the trust and shoulders of the general public that the project is pointing to. The platform is a give-back-to the society concept which seeks to explore opportunities inherent in waste market for environmental and economic benefits.

HOW 4NEW INTENDS TO SOLVE THE WASTE TO ENERGY PROBLEM

The mission of 4NEW LIMITED is to provide a complete block chain 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 block chain 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.

4NEW LIMITED has a very unique model that it seeks to rely on to solving the waste to energy problem. That same model will be relied upon in converting surplus waste to energy which I think will go a long way to help save the world from all forms of hazard that neglected surplus waste can expose the world to. The model of 4NEW LIMITED can be seen in the diagram below.

The activities which will take place under each step beginning from the waste collection step of the model above is described precisely as follows;

COLLECTION OF WASTE

Routine and regular pick up of waste produced by individuals and commercial projects. Trucks will deliver these wastes from households and other inappropriate waste delivery sites to the 4NEW sites. The 4NEW sites are located in close proximity to urban centers within the communities they serve. This proximity is to allow for increased collections of waste disposals.

WASTE MANAGEMENT

The waste collected are then transferred into the 4NEW treatment plants which will start the conversion process, which is converting all the wastes to steams which in turn propels turbines to generate electricity.

ELECTRICITY PRODUCTION

The energy generated is now in the form of usable electricity readily available for human consumption.

ENERGY DISTRIBUTION

4NEW Limited will be selling energy to the end household consumers and the national grid. Given the captive consumer base, 4NEW will be positioned for rapid expansion in various cities by addressing two social issues with a very localized and scalable business model. This cyclical nature of the business plan will also enable us to sell the energy back at deeply discounted prices to the early adopters of our product thus leading to a rapid increase in market share.

The platform is built on the Block chain technology with a view to reorganize the waste and energy industry for the benefits of both participants of the block chain, ecosystem and non-members to give everyone and anyone a sense of humanity. To get comprehensive details on the model adopted by the 4NEW Limited to solve outlined challenges, download ‘White Paper’ at

https://4new.co.uk/4new_whitepaper.pdf. The 4NEW solution will help bridge that gap for the block chain network by setting up future plant sites in close proximity to urban centers where these data servers may be situated, thereby alleviating the burdens on the respective national electric grid.

Waste  creation  is  part  of  human  endeavor  but  the  disposal  will  be  neglected  until  Government  creates incentives, preferably market – based incentives that will encourage both people and enterprises to dispose their waste in an appropriate way. This  is  paramount because the implication of proper waste  disposal  has led to a huge  expenditure  on  public  health,  reduction  in  productivity of  the  populace  and reduction  of  life expectancy. Today,  when  waste  management  service  is  delivered  and  cost  paid  for  by  the  generator (providing employment), it means waste has provided wealth too and can be construed as waste-to-wealth. With this extension, effective waste management has become not only service but an instrument for fighting poverty.

4NEW LIMITED will not only conceive waste management as a service but a war against poverty and poor living environment for actualization of oneself. 

Official website;  https://4new.co.uk/
4new whitepaper; https://4new.co.uk/4new_whitepaper.pdf
4new lightpaper; https://4new.co.uk/4new_lightpaper.pdf