Market statusUnder development
Status Ethereum
Action (Smart Contract)?No
ApplicationWith the aim of reducing the surplus of waste as well as generating environmental-friendly electricity, 4NEW is a British company that will own and operate self-sustaining Waste to Energy treatment plants. Their 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 in the United Kingdom.
Attributes (token)KWATT Coins. Each KWATT Coin represents a certain capacity in hashing (mining power) or a fraction of the total mining capacity of the network. 1 KWATT = 2.00 USD
Date/TimelineFounded in 2017.
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