4NEW Project Launches KWATT; First Ever Coin for Electricityhttps://cryptovest.com/amp/news/4new-project-launches-kwatt-first-ever-coin-for-electricity/?__twitter_impression=trueBlockchain technology has brought to life thousands of projects based on exciting ideas, but very few of them seek to address ecological problems. 4NEW is different, and has launched the first-ever coin that stands for electricity.
By the end of 2017, one Bitcoin transaction was consuming so much power that it equaled the average consumption of about 10.5 US households. By now, the figures have gone even higher - the resources required amount to the average consumption of 17.5 US households. This trend is not sustainable as it exacerbates the issue of carbon footprint.