Planck E PressCenter Articles


What is a DTUcoin (DTX)?


Location: Amsterdam, Netherlands
Date published: 2017-10-12
Date modified: 2022-07-28
Reading time: 00:02:37

Author: Caspar Bensik

What is a DTUcoin (DTX)?

The problem
Humans have been using more and more natural resources such as water, oil, forest, and minerals leading to a decrease in biodiversity, the pollution of our rivers, and jeopardizing the air we breathe, among other things. So far, we have left to our governments and a legion of good Samaritans the task of resolving the environmental impacts. And the current solutions are ineffective in the face of the size of the problem that is increasing.

The reaction
But life goes on, and we need to move the economy, fuel our homes and live a good life. Each one tries to do its part, sometimes recycling, contributing with a fund for preserving endangered animals, planting trees, buying supposedly green products, etc. There are so many eco-friendly initiatives for multiple environmental problems, and at the end of the day it seems that none of them have had any effect. In this way, in addition to suffering from guilt and frustration, we can't tell whether the product we use is actually greener than the other or whether our own environmental footprint has increased or decreased. We end up entirely disinterested and with the urge to throw a tin can in the organic waste bin!

The solution
The ZerO2Nature system has uncovered a way to unify all sorts of human-made environmental impacts, having created a common measuring unit for expressing our footprint on the planet, thus reducing the problem to only one battlefront.
In our economy, everything we produce creates a human environmental impact. This impact is also known as a diseconomy. Through a model that accounts for all types of human impact, ZerO2Nature has calculated the diseconomy cost of any production process. Through its use, we can apprehend that the diseconomy of a pair of jeans is much higher than the diseconomy of a kilo of glyphosate, a pesticide essential for agriculture. And why is this discovery so fantastic? Because we have now reached a unified path, which allows us to achieve multiple results. Whenever we reduce diseconomies, we are essentially preserving forests, rivers, biodiversity, our mineral and oil reserves and improving the technology of our production processes. And we have a lot of work to do because the global GDP of the diseconomy, or (Global Environmental Impact) is over US$50 trillion a year!
Anyway, now our task has become much simpler because we have only one objective with respect to our environmental impact on the earth: to reduce the diseconomy. And the most important side-effect of this process is that every time we reduce a diseconomy, we also increase our economy, generating more wealth!
So let's get the answer to our initial question. What is a DTUcoin (DTX)? Through ZerO2Nature, people, companies, and governments can start a project to reduce diseconomies. These projects undergo a process of validation, registration, verification, and certification to ensure that the achieved diseconomy reductions are genuine. At the end of each project cycle, Diseconomy Traded Units (DTUs) are issued, in the amount compatible with their contribution. Because of the variety of project types, DTUs are classified according to projects that preserve the forest (F-DTU), water resources (H-DTU), biodiversity (B-DTU), ores (M-DTU), and oil /hydrocarbons (C-DTU). N-DTUs are generated through improvements in human production cycles. And finally, each type of DTU has a conversion factor turning it into a DTUcoin (DTX).
DTUcoin (DTX) has come to address the principal problem of human-made impact on nature. DTUcoin (DTX) is a coin like Bitcoin, but it generates wealth through a system that cleans the planet, since it is associated to projects that remove diseconomies. In addition to acting as a medium of exchange, it has a communications appeal since a business that accepts DTUcoin (DTX) is reiterating its commitment to the environment. Companies can also use DTUcoin (DTX) to compensate for the diseconomies they have not been able to reduce in their production. To put it simply, DTUcoin (DTX) is the game changer of our times!


Keywords

  • natural resources
  • environmental footprint
  • circular economy
  • global environmental impact
  • system to clean the planet

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