H2O Chain (Table E3)

Inspiration

Water is the most fundamental element in the functioning of life. Still, we see millions of people not getting access to clean drinking water. They have to walk miles just to get a bottle of water. In the city of Johannesburg, the water became so scarce that they have to deploy the army to distribute it. Coming from third world countries, we have experienced these issues first hand and it's time we do something about!

We are simplifying the complex water industry through blockchain making it easy for investors, water service providers and water users to come together and build water treatment plants. No person has to go through so much just to get a bottle of water anymore!

What it does

H2O Chain uses blockchain to raise money for water treatment projects. The water industry is complex and lacks trust and transparency among investors, buyers and project owners. H20 Chain makes it easy for investors, buyers and project owners to collaborate and keep a trail of each transaction through blockchain making everybody in the process happy.

The three things our platform allows to do -

Making it easier for water treatment projects to raise money by leveraging ICO
Streamlining the process of water treatment and trading and making it transparent
Solving the problem of bringing water to the people that need it the most

How we built it

We built it using Cosmos sdk. It helps us break an asset into tokens. The inherent capabilities of blockchain help us bring trust, transparency, and security.

Challenges we ran into

Ideation was difficult initially as we thought we are constrained with technology stack but as we explored the Cosmos platform we got sure that it can satisfy our needs. Understanding the Cosmos sdk was a challenge. But mentors helped us get past it.

Accomplishments that we're proud of

Building the solution with an uncharted tech stack seems like an achievement!

What we learned

The capabilities of multiple platforms are humongous. Learning from and talking to fellow developers taught us many things about blockchain and its varied use-cases.