The WasiHub vision is to create and utilize blockchain technology to revolutionize the mineral mining industry by incorporating the IoT and DLT (Digital Ledger Technology) into the mining sector bringing optimization and transparency to miners, investors and governmental oversight. This blockchain implementation will generate the most precise recording of the entire logistical process.
Mining for minerals has been an activity since early history; in fact the first written reference to gold mining was 1900 BC. Gold, silver, diamonds, oil, rare earth metals, iron ore, copper, tin, manganese and bauxite are just a short list of minerals that are mined that have a profound effect on humanity and products needed for everyday use. These minerals are used as materials to build our homes and offices, provide us with energy for heat and air conditioning, materials to create and build automobiles and multiple utilities including our computers, cables and cellphones.
For centuries, the mining industry has had limited practical development with minimal technological advancement. The growth of geological sciences and the advent of heavy machinery in the 19th and 20th centuries have made locating and extracting minerals easier and more profitable. The mining industry, however, is still plagued by issues of yield optimization, security of yield, reporting challenges and accuracy of governmental oversight.
In order to solve the problems indicated above, WasiHub has created a solution based on specific hardware belonging to the Internet of Things (IoT).
Such a solution will also include a special software platform which is to facilitate the integration of WasiHub into a crypto economy.
Incorporating IoT and DLT will allow for improvement and optimization in the areas of:
Our hybrid solution will provide immense benefit by incorporating artificial intelligence in order to optimize each mining concession based on its individual abilities.
Our blockchain technology will give investors the opportunity to partner in all mining operations with a transparency that has never been applied to this industry to date.
WasiHub will invest in two main income streams:
Initially, we will accept investments via Ethereum, Bitcoin, BitcoinCash, Fiat (wire transfer) or Credit card. Once our coin is developed we will issue dividends on a quarterly basis via coin distribution.
Owners of WasiHub tokens will benefit from our various business activities through the distribution of a quarterly dividend.
WasiHub has committed a dividend
of 10% of net revenues among all coin holders.
WasiHub is currently developing technology that combines cameras and a broad range of sensors that will work in tandem with our proprietary algorithms to assist mining companies in order to optimize yield and workflow while providing an unprecedented level of transparency. This technology will allow for the maximization of areas including:
In order to solve the obvious problems in the logical process of mining, a special hybrid project has been created by WasiHub based on a set of specific hardware belonging to the Internet of Things (IoT). Such a solution will also include a special software platform which is to facilitate the integration of the Project into a crypto economy. Hence, two integral parts will constitute the hybrid solution:
Additionally, a special native crypto asset will be emitted by WasiHub in order to create a community of crypto investors whose participation in the Project’s activity will be arranged through a distribution of the Project’s crypto assets.
Both powerful computing and total connectivity through the internet constitutes the factors that will enable mining enterprises to redesign their workflow processes to increase their income substantially. This progressive digital improvement enabled by the Internet of Things and the precise data collected delivers another level of connectivity between the various production processes of the mining sector.
A spectrum mines along with mineral processing companies can drastically increase efficiency. An implementation of the IoT-based system specifically for mining processes will revolutionize profit margins and produce an effective documentation of all logistics.
The WasiHub project is focused on the creation of a universal hybrid “IoT + DLT” solution which can be implemented at various mining enterprises. This will allow for artificial intelligence to maximize operations on many levels including manpower, heavy machinery maintenance and most important of all, a maximization of yield.
We already have several good things happening.