Need for Transparent and Efficient Management Practices

The lack of transparency and efficiency in water management practices further complicates the global water crisis. Transparency is essential for building trust among stakeholders and ensuring equitable access to water resources.

• Corruption and Mismanagement: In many regions, water management is marred by corruption and mismanagement. Funds intended for infrastructure development and maintenance are often misappropriated, leading to inadequate service delivery.

• Equitable Access: Ensuring equitable access to water resources requires transparent allocation and distribution practices. In the absence of transparency, marginalised communities are often left without sufficient water supplies.

• Accountability: Transparent water management practices facilitate accountability among service providers, government agencies, and consumers. Accountability mechanisms are crucial for addressing grievances and improving service delivery.

The global water challenges of inadequate access to clean and safe drinking water, inefficiencies in current water management systems, and the need for transparent and efficient management practices underscore the urgency of finding innovative solutions. The BigWater Token aims to address these issues by leveraging advanced technologies to create a decentralised, smart water ecosystem that enhances accessibility, efficiency, and transparency in water management worldwide.