Rob Hygate - Smart affordable water for everyone, everywhere
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Blockchain Innovation Conference 2019 - #BIC19
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Rob Hygate - Smart affordable water for everyone, everywhere
- 1. Smart affordable water for everyone, everywhere
- 2. Smart affordable water for everyone, everywhere
Editor's Notes
- Intro eWater - British technology company addressing the need for transparent revenue collection for O&M.
- Intro eWater - An award winning company, Work with NGO’s Aid agencies and private organisations. Private companies are the way to go, Impact investment, not Charity.
- Story of problems in africa. Kerrlien 9 years lying dead with simple repair.
- Talk the problem - 40% of water points in Africa are dysfunctional. Issue is operations and maintainance. The above must be funded through water payments.
- Let me explain the whole process of water system management in developing countries. I will use Gambia as an example. Old: wells, handpumps, distance, dirty, unhealthy.
- Let me explain the whole process of water system management in developing countries. I will use Gambia as an example. Old: wells, handpumps, distance, dirty, unhealthy.
- New model: bore hole, solar powered pump, tank, distributed pipe network to within 100m of each house, tap. People collect between 10-20l water a day person. This water is pumped from the 2nd aquifer filtered naturally through 2 miles of sand. And this is used for drinking, cooking and sometimes for bathing. Health Education shows the benifits of drinking, cooking and bathing with clean water.
- Water costs 1p for 20 litres. Which accounts for 3-5 euros per year. You have to believe me that women in Africa will pay this money to ensure the health of their family. This cost should be enough to fund running the water system. People want to pay for water, but like us, only want to pay if it is reliable and convient otherwise they will unwillingly collect water from a dirty well.
- But there is an operational trap: Poor service delivery = no volume = low revenue. Poor renenue safeguards = money collected is stolen or spent on inefficient financial models (eg local cash collection, paid into local bank, transfered to other banks for o+m.
- 3 primary money issues to resolve Local operations is not cost-effective. No fund of money for maintenance. Money collection and management is hugely inefficient.
- 1. remove human involvement and replace with technology. This is totally against the old fashioned charity model of employing local people. But if you truly ask if local people want to walk around a village reading meters - the answer is no. If you ask someone to sit by a pump and check it switched on, the answer is no. And if you ask someone to stand by a tap and collect 1p every time somoleone fills a bucket, the answer is no. We must replace water systems operations and management with technology and allow human resource to be allocated to more profitable economic industries.
- 2. We must make the transfer of money efficient by being able to collect 100% of the water revenue and disperse it at minimal cost to operations and maintenance operators.
- So This is how we implement these solutions: We have created a cost effective water dispenser that replaces the brass tap and by using NFC as a local prepiad card payment system, along with IOT to transfer the payments in realtime to the cloud, we can transfer these digital payments directly to the service providers via our own digital contract payment distribution system.
- This is great, and we have 5 years of operations working, collecting money and funding the o+m. But the great thing about our succesful operational model at scale, is we can also provide 0-5% yield on any infrastructure investment. ( 0% is the charity model, where the yield is reinvested)
- But we are now looking to solve the next problem: we have to solve the infrastructure funding issues to scale our solution to solve the global SDG6. We have just secured £20m through our partners to fund water infrastructure in the gambia. We can fund more as our partners are willing to gaurentee any interest repayments.
- However we need to secure these investments by tokenising the infrastructure investments and fund the whole supply chain through transfer of tokens. Describe the circular economy of project management, and suppliers for infrastructure investment. We are at an exciting time. We need to find a partner that will guide us through the technology platform, the tokenomics, the legals and the marketing work required to ensure secure and efficient payments are made.
- I am passionate about how the private sector must get involved in funding water infrastructure. We have the technology to secure operations, maintenance and loan repayments. We believe that blockchain is the right technology to support this. We are seeking funding partners to develop the platform and the token, and of course we are always seeking infrastructure investments to not only provide an ROI, but to improve the lives of millions of people, lifting them out of poverty.