Powering a blockchain system often relies purely on technology and traditional energy, but 4New is hoping to make an eco-friendly blockchain ecosystem powered by human waste. Essentially, 4New hopes to convert the waste humans produce into energy and then use that energy to power cryptocurrency mining. To accomplish this, 4New designed a process that leverages anaerobic digestion technology to convert human waste into electricity.
This eco-friendly blockchain ecosystem will be used by 4New to mine cryptocurrencies such as Ethereum, Bitcoin, Bitcoin Cash, Litecoin and many more. This makes 4New's venture even more unique as it will not function as an energy exchange platform and instead will make 4New an energy producer. 4New currently has energy and waste conversion plants in Middlesbrough and Hartlepool in the U.K.
Waste-Powered Blockchain Ecosystems
4New is Set to Launch an Eco-Friendly Blockchain Ecosystem
Trend Themes
1. Eco-friendly Blockchain - Leveraging anaerobic digestion technology, an eco-friendly blockchain ecosystem powered by human waste creates disruptive innovation opportunities in sustainable energy and cryptocurrency mining.
2. Energy Conversion - Converting waste into electricity for cryptocurrency mining presents disruptive innovation opportunities in waste management and renewable energy industries.
3. Decentralized Energy Production - By transforming waste into energy, a decentralized energy production model emerges, offering disruptive innovation opportunities in the energy sector and blockchain industry.
Industry Implications
1. Sustainable Energy - The eco-friendly blockchain ecosystem powered by waste-to-energy offers disruptive innovation opportunities in sustainable energy generation and utilization.
2. Cryptocurrency - Utilizing waste-powered energy for cryptocurrency mining creates disruptive innovation opportunities in the cryptocurrency industry and renewable energy sector.
3. Waste Management - Adopting waste conversion for electricity production in 4New's ecosystem creates disruptive innovation opportunities in waste management and resource utilization.