OriginClear expects that $H2O Coin could enhance ease of use, billing and customer benefits, and be an important benefit to investors, partners and end-users.
United States, May 28, 2021 /AlexaBlockchain/ – OriginClear Inc., a ‘FinTech for Clean Water’, has filed a trademark application for the mark $H2O.
OriginClear Inc.
OriginClear is a provider of water treatment solutions and aggregators of water treatment companies.
$H2O Coin
OriginClear expects that $H2O Coin could enhance ease of use, billing and customer benefits, and be an important benefit to investors, partners and end-users.
Commenting on this development, OriginClear CEO Riggs Eckelberry, said:
“We’ve applied to trademark this universal symbol for water, H2O, with the customary dollar sign prefix for cryptocurrency, representing our planned blockchain system. We intend to invest in crypto development resources to enable it to streamline payments and eliminate human error. And we believe $H20 has even more potential beyond that.”
Blockchain Technology For Enhanced Operational Efficiency
As currently in development, Water On Demand, FinTech for Clean Water, does not rely on any blockchain system for its operation, and can accomplish its operational goals using ordinary financial and currency channels. However, we are researching and developing solutions along the way to further enhance ease of use, billing and customer benefits, and believe $H20 could be an important benefit to investors, partners and end-users.
Earlier this month, OriginClear announced that it had filed 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, known as Water On Demand.