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South Africa’s H2O Water Securities Gets $150M Funding

Published 05-07-2022, 09:13 pm
Updated 05-07-2022, 09:15 pm
© Reuters.  South Africa’s H2O Water Securities Gets $150M Funding
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  • H2O Water Securities focuses on water problems. 
  • Established H2O Water Network and H20N token.
  • GEM Digital invests $150 million for the platform.

Cryptocurrency is indeed playing a major role in the current world. Though crypto has entered into all possible dimensions and sectors available, this is the first time, it enters into the possibility and need of conserving, saving and preserving water. 

The South African based Trust Settlement Services Exchange, basically a gold sourcing, funding, lending and financing firm, comes up with the H2O Securities. This particular attribute will be a crypto platform operating upon an individualistic network, by the name of H2O Water Network. Moreover, this platform will also hail a native token for the platform, the H2ON. 

The H2O Securities

The H2O Securities is a dedicated attribute of the Trust Settlement Services Exchange, solely focusing on the perseverance of water along with funding and managing water plants and their operations all with the help of the blockchain technology. 

The blockchain system of the H2O Securities is the H2O Network upon which the H2ON native token revolves around.  All sorts of operations, financing, funding, and much more related with water plants will be done in a modernized effective way through blockchain technology via the H2O Network. 

In spite of all this, the H2O Network will be dealing with payment of bills, services all related to water plant management. The direct participants will indeed be the operators of the water plant and the consumer customers too. 

In addition, the H2O Securities will enable faster, cheaper and easier means to establish proper water connectivity to all parts of the world to a larger extent. 

Accordingly, the GEM Digital, a digital marketing firm established in the Bahamas, has already initiated the thrust for the new project by funding them with $150 million. 

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