DALLAS, Dec. 23, 2017 /PRNewswire/ -- Genesis Research & Technology Group, the leader in chemical-free clean water, will start pre-registration on Dec. 28, 2017, for the highly publicized ICO WaterToken. The response to this ICO has yielded over 100,000 downloads of the whitepaper and media requests worldwide. Genesis Research & Technology Group is launching after negotiations with government officials in Sudan, India, Johannesburg, and the U.S. were complete. Ron Price, CEO of Genesis Research & Technology Group says, "With so much pressure to clean water in so many different parts of the world, our focus has always been on the water rather than the ICO."
WaterToken is set at $0.25 per coin and will be discounted at the start. Unlike other tokens, these will be paid in perpetuity and the token holder will reap the profits year after year. Michael Lagow, CAO of Genesis Research & Technology Group states, "The excitement of the system and its complete cleaning of all variances of water is amazing and coupled with the fact that it is a green IoT (Internet of Things) system makes this a worldwide game changer." The productivity of the portable and scalable systems can clean up to 20,000 barrels of water an hour; which is pivotal for the ecosystem in the oil and gas industry. The patented Genesis System cleans toxic fracking water which is contaminated with oil and other particles and then can be reused in the fracking process or safely put back into the earth.
Darren McVean, CEO of MVP Asia Pacific, LLC states, "We believe the blockchain solves the serious issues around trust and verification of environmental impact monitoring. With the introduction of blockchain and smart sensor devices, ultimately environmental regulation will require real-time monitoring of equipment sensors to ensure instant access to accurate environmental statistics." Genesis Research and Technology Group senior executives approached MVP and Universal Media Group 18 months ago because Genesis was exploring a new technology partner with experience in IoT (Internet of Things) smart devices. MVP and Genesis made the commitment to explore the storing of valuable environmental records to the blockchain. MVP was able to develop the IoT and blockchain platform for Genesis along with access to MVP's massive electrical engineering team that worked closely with the technology department to test and simulate the water readings from the Genesis System.
In 2008, roughly 25 billion barrels of polluted water was produced in the United States alone. This year (2017), it is estimated that the number of barrels of produced water will number in the 31 billion. In response to this immense threat to the environment, Genesis Research and Technology Group has developed sole-sourced, green, state-of-the-art Industrial Water Treatment Technologies that treat produced and frack water and return it to a reusable state.
The Genesis process relies on three licensed purification methods: ozone (O3) generation, coagulation, and ultrafiltration. Using these cutting-edge technologies, Genesis can offer the following services:
- Frack and produced water recycling for reuse
- Drinking water sterilization and treatment
- Wastewater treatment and recycling
- Meat and product sterilization for the food industry
- Industrial, petrochemical and refinery wastewater recycling
About Genesis Research and Technology Group: Genesis Research and Technology Group is a U.S.-based company that has developed a patented, state-of-the-art technology that provides clean reusable water for the world's population. The Company exploits its CHEMICAL-FREE technology as its efforts are being recognized by several leading government agencies developing and implementing Green technologies to protect and preserve our Earth's resources.
Genesis Research and Technology Group provides custom-built state-of-the-art water treatment technologies for all types of water. Years of research and development go into perfecting this technology that allows Genesis to offer its clients a sole source, reusable water filtering and cleansing technology that is totally chemical-free.
For more information: watertoken.io
SOURCE Genesis Research & Technology Group