How Web3 is Revolutionizing Water Access in Rural India

The Crypto Council for Innovation has highlighted the positive impact of web3 in rural India through a case study that demonstrated improved water access. Decentralized solutions, like those implemented by Atlantis DAO, are transforming water availability and creating economic opportunities in drought-prone regions. Over 80% of participants reported better access to clean water, and new jobs were created within the community, enhancing cooperation and ownership.

Web3 Solutions Transform Water Access in Rural India

The Crypto Council for Innovation showcased on Wednesday the tangible benefits of web3 through a case study in rural India, where water availability has dramatically decreased. According to the Council:

In rural India, where water availability has decreased by 75%, decentralized solutions are rewriting the narrative.

India’s population has surged by about a billion over the past six decades. At the same time, water availability has plummeted by 75%, the Council explained. This shortage is especially severe in rural and drought-prone regions, impacting daily life and educational opportunities. The scarcity has led to a 20% rise in school dropout rates, as children are forced to prioritize water collection over education. Additionally, nearly 50% of women frequently collect unsafe water.

In response, Atlantis DAO has launched initiatives to enhance water accessibility and create economic opportunities. The Council stated:

By leveraging a peer-to-peer water network, Atlantis DAO improved access to clean water, efficiency of water collection, and new sources of income.

During an 11-month project, significant progress was made: over 80% of the 4,000 participants reported better access to clean water; approximately 450 new jobs were generated within the network; and nearly all participants experienced improved community cooperation.

Decentralization was crucial for radically rethinking resource coordination, making water access more efficient and affordable, while also creating flexible earning opportunities, the Council stressed, adding:

Source:- Bitcoin.comNews

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More like this

Web3 Toolkit

MetaMask unveils new toolkit to streamline Web3, user onboarding

Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement. Consensys unveiled...
Web3 Fund

Morgan Creek Digital to Raise up to $500M for...

The new fund will target early stage opportunities in AI, blockchain technology, chips and data. Morgan Creek...
Web3 Sue

Domain name registrar sues web3 metaverse company over its...

These two companies are fighting over the earth. The Website, Inc., which operates an ICANN-accredited domain name registrar...