CLEARWATER, FL -- OriginClear Inc. (OTC Pink: OCLN), The Water Company for the New Economy™, announces today that it recently filed “System And Method For Water Treatment Incentive”, a patent application for using blockchain technology and non-fungible tokens (NFT) to simplify the distribution of payments on outsourced water treatment and purification services billed on a pay-per-gallon basis ahead of inflation.
“We have learned that paying numerous parties in service-based water treatment is a cumbersome process that creates mislaid emails and human error,” said Riggs Eckelberry, OriginClear CEO. “We believe the use of blockchain technology and NFT can eliminate these problems and help enable an outsourced water treatment marketplace.”
The Company has begun the development process of using such blockchain technology and NFT, while also exploring other ways to resolve payment issues.
“Water is a risk that we expect smart managers will outsource, especially with worsening inflation,” said Riggs Eckelberry, OriginClear CEO. “Outsourcing through what we call Water on Demand™ could mean that these companies do not have to worry about the problem, either financing it or managing it.”
SOURCE: OriginClear
