A few days ago, the lawmakers in Colorado filed a bill that was focused on the integration of blockchain technology in water management rights for its residents. This week, the team in charge of California water management rights started exploring the integration of blockchain technology. However, the drought that led to statewide water restrictions may make the application of blockchain technology in California water right management tricky.
California Water Management Rights And Blockchain Technology
In a film titled Water & Power: A California Heist”, the current situation in California was examined. It depicted how some corporate landowners took advantage of the system created by the state using it to gain control of water while the local homeowners suffered. Many movies by Hollywood have tried to paint pictures of how water management rights in California has led to water wars and other dirty dealings.
In California, there is an uneven distribution of water. Corporate and agricultural organizations consume more water than the hospitality and other sectors. While the common man and small business owners may benefit from a blockchain system, government and special interests may not be happy about such integration. This is because a blockchain-based system will be decentralized. So, the government and other bodies will lose their control over water and this isn’t something they are looking forward to.
The Freshwater Trust, IBM, And SweetSense
Already, a nonprofit organization in California, Freshwater Trust is working with SweetSense and IBM to work on the integration of blockchain technology in water management rights in California. They are working on a blockchain based system that integrates IoT sensors in water pumps. This may be a good idea in a state that has suffered serious water shortage since 2006. This shouldn’t be considered as a surprise, as in the 20th century, California suffered a nine and right year-long drought.
With this project, scientists will use IoT sensors and blockchain technology to track the usage of groundwater in real-time. This would be down across major rivers. This will reduce the pressures attached to purchasing table water and manage water supply.
Apart from its application in water rights management, blockchain technology can also help in the supply chain management of the water market sector. It can help in the administration because it improves trust and transparency within systems. It will be even more effective when it is combined with artificial intelligence to provide an efficient interface. An AI-blockchain, in theory, will be capable of identifying changes in weather conditions long before they happen. After identifying these issues, it suggests contingency plans, locates buyers and sellers who will deal with the water before the storm comes. The California blockchain water management system is also going to have a blockchain logistics system for tracking.
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A blockchain system will integrate trust when it is used to keep records. When amendments are made on the system, everyone would see them. They will be able to keep track of the groundwater that different entities use. If the project pilot is successful, it may be just what is needed to prevent the state-wide ecological disaster on the horizon.
Do you think a blockchain system will be efficient in California water right management? Share your thoughts in the comment section.