There are many environmental problems that have threatened human existence, including global warming, ozone layer destruction, acid rain, freshwater resource crisis, energy shortage, sharp decline in forest resources, land desertification, accelerated species extinction, and toxic chemical pollution and many other aspects. After people realize the seriousness of this problem, people are beginning to take various measures to improve the situation. Therefore, the theme of “environmental protection” has become a topic that people are more concerned about in the 21st century. However, what does blockchain have to do with environmental protection? With the rapid development of blockchain technology, blockchain technology has spread to various fields in our daily life, including what we call today environmental protection. Today I introduced two blockchain technologies related to “environmental protection”, zrcoin and Condensate. See how they are joining the ranks of environmental protection.
1. Zrcoin
ZrCoin is the first blockchain product to combine cutting-edge financial and industrial technologies. Zirconium dioxide (ZrO2) is a refractory material that has a high demand in many different industries, including ceramic production. Its attractiveness comes from its unusual physicochemical properties: it is very stable at high temperatures and pressures. At present, the vast majority of ZrO2 is extracted from the earth, the cost is high, and it will cause environmental pollution.
Based on this, ZrCoin's project team (consisting of international scientists) spent many years and invested more than US$1 million to develop technologies for recovering ZrO2 from waste (synthetic ZrO2’ technology is the core technology of the ZrCoin project). The process is to extract useful zirconium from waste. Compared to using the new ZrO2, this green technology has many advantages:
(1) Compared to mining zirconium from the earth, the process is more environmentally friendly
(2) Significantly lower costs
(3) Synthetic ZrO2 has higher quality and service life
In addition, like MCAP (macp)and Unify (unify coin), Zrcoin is a blockchain crowdfunding project that raises funds for the construction of factories through crowdfunding to realize the production of large-scale environmentally friendly synthetic zirconium materials. Zrcoin already has interested buyers through its network of contacts within the industry.
To raise funds for plant construction, Zrcoin plans to create an innovative financial tool: the first commodity-backed blockchain option, which will sell ZrCoins (zrc), and each token represents an option for 1 kilogram of synthetic ZrO2. So the question is, is Zrcoin worth buying? What is its investment value? I personally think that Zrcoin is more suitable for conservative investors, because the price of ZrO2 is calculated in US dollars, and is relatively stable, so zr coin will not have the huge volatility common in the cryptocurrency industry – which makes it an attractive safe-haven assets. Moreover, investors can obtain their investment funds at any time after the ICO crowdfunding is over.
2.Condensate
The second piece of environmental-related blockchain I want to introduce is Condensate. What is condensate? Condensate is a truly blockchain facility with environmental awareness, and it can inspire environmental supervisors and informants around the world. Using a unique Internet of Things approach, condensate creates a rain meter that tracks important water metrics to ensure environmental friendliness and compliance. Rain is distributed anonymously and securely through the condensate network and is able to send encrypted messages.
As for it's investment value, Condensate’s price to USD reached the highest at 0.168057 USD on Aug 25, 2017. But after that, the price fluctuated relatively up and down in a large range. I do not recommend investing it’s token rain coin now as the price fluctuations are still relatively large.