WaterCoin is a token based water supply project that securely connects donations from sources worldwide directly with families in Narok, Kenya that need water. The project eliminates intermediaries in the charitable giving supply chain and presents an entirely new perspective on providing aid that could not only save millions of dollars but millions of lives.
To have access to the local clean water system in Narok, locals will pass through a know your customer procedure and be issued NFC smart cards. The KYC will define the identity and water allocation needs of each cardholder. The cards will secure water for individuals or families and direct the allocation of donations. Some people, heads of families, for example, may need more water redeemable donations than individuals. The cost of each contactless smart card is less than $1.