Plastic Finance - Providing ‘proof of recycling’

zlow (34)in #plastic • 3 years ago

A recycler and bottle manufacturer is using the new tracking software in the hope that it will increase recycling such as detergents, packaged drinks, snacks, etc., and create awareness among consumers and businesses. So I'm here to introduce a project called Plastic Financing. There are many good ideas presented in the project, especially the development and systems used by the Plastic Finance project.

Introduction

Every day, you probably use many products for different needs, such as detergents, bottled drinks, snacks, etc. On average, these products use plastic packaging that is cheaper and more durable. But did you know that plastic is one of the many problems we face today? Plastic is a problem because this product cannot decompose for hundreds of years, and if left unchecked, plastic will continue to accumulate, causing environmental problems.

Seeing this problem, some young people want to introduce a platform that will support plastic recycling with cryptocurrency. This is Plastic Finance, a platform specialized in plastic recycling. What Plastic Finance is doing is more about improving the performance of garbage collectors, a platform that will benefit all parties involved. And to keep the land in its best shape at the same time, Plastic Finance also maintains a tree transplant program in the region.

Recycling, reuse, prosperity

Plastic waste, if not recycled, will cause problems, especially in the area, because plastic cannot decompose naturally and will accumulate. To avoid this, the government works with organizations to support plastic recycling. But the problem is that because they don't get paid, few people voluntarily recycle plastic waste. Plastic Finance sees this as a problem that needs to be addressed immediately so that plastic waste can be recycled immediately and garbage collectors can thrive. Thus, Plastic Finance was launched as a solution that would improve the recycling system while promoting a circular economy. Plastic Finance will use cryptocurrency to improve the performance of garbage collectors and benefit all parties,

Plastic Finance aims to be a platform that will encourage people to participate in the plastic waste recycling system. Plastic Finance with DApps and DeFi will democratize the recycling system and make it more profitable by allowing everyone to participate and participate in plastic recycling.

Features of Plastic Finance

Plastic Finance is a platform that specializes in plastic recycling systems. Using a circular economy approach that benefits all parties, especially garbage collectors, Plastic Finance wants to present a platform that empowers waste communities, makes them more prosperous and ensures a higher social status in society. But it's not just recycling, Plastic Finance is also supporting tree transplant programs in the area to reduce carbon dioxide pollution. But that's not all, there are a few more Plastic Finance features:

Transparency: Plastic Finance's tokenization system makes it easier to make waste prices more transparent and accessible to everyone.

DeFi: Through various innovative DeFi features, it enables Plastic Finance to create an economic system that can empower all stakeholders involved.

Sustainability: By launching its own token, Plastic Finance can provide an investment model that allows anyone to join and invest, which will keep Plastic Finance sustainable.

IoT and Blockchain: By using IoT and Blockchain, we can minimize errors and make recycling more efficient and organized.

Profit Sharing: All transactions in the Plastic Finance ecosystem will be subject to transaction fees, later small transaction fees will be shared among token holders.

PLAS Token The PLAS

token is a native token launched by the Plastic Finance platform that will serve as a service and management token. The PLAS token is based on Binance BEP-20 with a total volume of 23.9 million PLAS. By holding the PLAS token, users will receive several benefits such as rewards, voting rights, platform payments, etc. Users can obtain PLAS tokens through a private sales program that will be run by Plastic Finance.

Plastic Finance Roadmap The Plastic Finance team started this project with idea creation, team building, token distribution, legal entity, limited liability in Indonesia, corporation in Seychelles, creating cooperatives, recruiting consultants, coding and auditing smart contracts. Then funding from early contributors continued, private sales, purchase of a 300kg / h grinding machine, all done so that the public, investors and token holders could see Plastic Finance's ideas being applied.

After the success, Plastic Finance will do pre-sales, start, go to the exchanger, fully commission and update some of the features. All this is possible if Plastic Finance gets the support of the community, investors and token holders who play a big role in the operation and development of the platform.

To conclude

Plastic is a material that is difficult to decompose, and it can take hundreds of years for plastic to decompose, so to prevent the accumulation of plastic waste, garbage collectors or other organizations are sent to recycle plastic waste. The problem, however, is that recyclers, especially garbage collectors, are not adequately rewarded for their work. And Plastic Finance is here as a platform to empower recycling communities. Plastic Finance is working to become a platform that will advance the circular economy for improved recycling systems. Using DeFi, it enables Plastic Finance to provide an ecosystem that can empower all members, especially garbage collectors, by allowing them to earn rewards commensurate with their work and enhance their status in society.

US citizens are world’s top waste producers, report shows

Two new indices that measure waste generation and recycling services of 194 countries show that U.S. citizens are world’s top waste producers while being one of the worst at recycling.
Two new indices produced by United Kingdom-based consulting firm Verisk Maplecroft that measure the waste generation and recycling tendencies of 194 countries show that the United States is the world’s top waste producer.

The report notes that 2.1 billion metric tons of municipal solid waste (MSW) are generated throughout the globe annually. Only 16 percent of this waste gets recycled.

As part of the company’s Waste Generation Index (WGI) that captures per capita rates of waste production, U.S. citizens were found to produce 1,704 pounds per person of MSW. In total, this accounts for 12 percent of global MSW production while representing only 4 percent of the world’s population.

By contrast, the WGI found that China and India combine to account for 36 percent of the world’s population, yet the population of the countries generate only 27 percent of its waste. In relation, U.S. citizens end up producing three times the waste of Chinese individuals and seven times more waste than Ethiopians, the country ranked as the “lowest risk” in the index in terms of their waste production.

The countries that are considered the highest risk after the U.S. in terms of waste produced include the Netherlands, Canada, Austria, Switzerland, Germany, France and Australia.

In the Recycling Index produced by Verisk Maplecroft, the U.S. was found to recycle 35 percent of its MSW. Germany, the most efficient recycling nation according to the index, was shown to recycle 68 percent of MSW.

According to the report, the U.S. “is the only developed nation whose waste generation outstrips its ability to recycle, underscoring a shortage of political will and investment in infrastructure.”

The consultancy concludes that the U.S., along with other nations, could be poised to introduce new legislation to combat plastic waste as the ramifications of China’s National Sword import ban continue to reverberate both domestically and abroad.

“Beyond the potential financial impacts, the reputational risks for business are high if they ignore intensifying interest in the issue from consumers and investors,” a summary of the report concludes. “Using data from our suite of waste indices, we identify the Netherlands, the U.S. and the U.K. as the most likely countries to pass new regulations on plastic materials that could hit companies in the pocket. But, France, Canada, Australia and Belgium are also flagged as jurisdictions to watch.

“It’s going to be vital for companies to get ahead of these issues. Investing in circular economy measures can not only mitigate risk but can open up new markets and improve brand reputation.”

Maybe this is all I can present to you all, for more details I put a few links at the end of the article so that you can visit them and get more accurate information so as not to get bogged down in projects that smell like scams and be careful when investing funds in ICO or investments, the source of which is not very clear.

Author

User Name : ahabite
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2620198
ETH Wallet : 0xBfd9e86cc70Fd032Da8a125c79e2982C4839e76e

#finance #esgcompliant #plasticfinance #blockhain #crypto

3 years ago in #plastic by zlow (34)

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