DALLAS, Oct. 16, 2017 /PRNewswire/ -- The much-
publicized WaterToken.io is scheduled for a firm release date of
Oct. 25, 2017, and will operate under
a network of devices that will clean water with a revolutionary
chemical-free technology. The IoT (Internet of Things) devices will
work in conjunction with the Genesis Research & Technology
Group System which is scalable and portable. The Water Token merges
clean water technology with the cryptocurrency and blockchain
models. Darren McVean, CEO of MVP
Asia Pacific states, "MVP has developed the IoT and blockchain
platform for Genesis Research & Technology Group with an
in-house electrical team that has worked closely with the Genesis
RT&G technology department to test and simulate the extensive
water readings from the Genesis System." The WaterToken.io
represents the process that relies on three patented, licensed
purification methods: ultrafiltration, coagulation, and ozone (O3)
generation.
Texas A&M University has also
tested the water samples so that a third-party could conclusively
back up the IoT for Genesis Research & Technology Group. As it
pertains to the oil and gas industry, raw frac flowback water was
injected into the Genesis System with amazing results. Total
petroleum hydrocarbons were reduced by 99 percent, while metals,
aluminum, antimony, arsenic, and selenium were reduced below
detection limits. "The fact that water can be cleaned chemical-free
and reused over and over is a breakthrough in the oil and gas
market," says Jeff Soward, Chief Technology Officer of Genesis
Research & Technology Group. Mr. Soward goes on to
say, "To produce one barrel of oil can take up to ten barrels of
water; which under the antiquated system used industry-wide, that
toxic water is trucked and dumped into a disposal site. The Genesis
System cleans the water on the actual drilling location and with
green chemical-free technology the water is reused over and over
again at one-tenth of the cost. This is a game-changer."
The Genesis Water Token solves the serious issue of trust and
verification of environmental monitoring with the use of the
blockchain. Furthermore, Genesis Research & Technology Group
will store the records of the system to the blockchain so that
frack water results are identified in various parts of the world.
The WaterToken.io white paper gives a roadmap as to the system and
how it plans to use the cryptocurrency in expansion throughout the
world. "Genesis Research & Technology Group has produced a
scalable system that will work in conjunction with a scalable,
secure IoT solution that is a win for the blockchain," says Michael
Lagow CAO of Genesis Research & Technology Group.
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
Media Contact:
Patricia Almand
Phone: 855-8100UMG
Email: patricia@umgad.com
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SOURCE Genesis Research & Technology Group