System and method using blockchain to incentivize water conservation

A water conservation incentivization system comprising:

• a water source;
• a water extraction system having a distribution channel supplying water from the water source to an end-use element;
• a sensing and monitory system including:
• a sensor coupled to the water extraction system distribution channel to collect water extraction data during a water extraction transaction;
• a server carrying water extraction criteria;
• and
• a reporting device wirelessly coupled, using a communication protocol, between the sensor and the server for uploading collected water extraction data of the water extraction transaction to the server;
• wherein the water extraction criteria carried by the server and the water extraction data for the water extraction transaction determine associated token allotment;
• and
• a blockchain network coupled to the server for receiving and logging the collected water extraction data of the water extraction transaction with associated tokens to a blockchain, the tokens added or subtracted as determined by the server using the water extraction criteria.