All about Swachhcoin: A True Utility Token

in #cryptocurrency6 years ago

It is not every day that you see a solution where a niche space meets an effective technology in a seamless manner, but when such a thing happens, you are left in awe of how it all comes together and the solutions that it could provide to its target users.

Swachhcoin is one such solution that has been created out of the need to make Earth a cleaner and better place to live, for us and for our future generations. Focused on the waste management industry, the platform integrates various solutions under one umbrella of blockchain technology to provide its users with one of the most effective value propositions that are currently available in the blockchain and cryptocurrency space.

The platform was founded by Aditya Kumar and Prashant Chaturvedi, two environmentalists from India who had a clear objective from the start: to eradicate poor waste management throughout the world and reduce the carbon footprint that is related to food, industrial, chemical and non-biodegradable waste.

Together, the co-founders made Swachhcoin to be a one-stop solution that did not only focus on waste management but also incentivized the practice for its users at its core level, thus cementing that it was not just going through an idealistic approach but by a rock-solid, real-world implementation in its mind.

Why Swachhcoin Is Worthy of Attention?

Built upon the Ethereum platform, Swachhcoin boasts of features that make it optimally equipped to battle the bottlenecks and hindrances which are faced in the current waste management processes.
For starters, the program holds a reward program for those users that want to take part in the collective effort to make Earth a greener place, where the platform provides its native Swachh tokens to individuals that follow waste management best practices, which can then be spent in various capacities.

In addition to this, Swachhcoin also employs the use of AI, Big Data, and IoT devices in order to ensure that it is working out all the kinks that users and businesses face on a day to day basis while trying to dispose of their generated waste in an eco-friendly manner. The process, which starts from a user searching for optimal locations to dispose of their waste and concludes in the successful execution of the action requires minimal human interaction, also makes sure that the procedure being implemented and steps being taken are all properly done due to the leverage of AI and Big Data.
IoT devices also play a big role in the Swachhcoin platform, where they are one of the key elements in ensuring that the management activities are being tracked properly.

The platform also employs its own mechanism to create SwBin’s, which are high-end waste collection points placed on strategic locations throughout every targeted region in order for users to have their waste disposed of through them. The SwBin’s has capabilities such as a linked user database and reward distribution integrated within them.
The platform does a stellar job of explaining the overall process to its users through the following workflow chart, which defines each step in a simple yet comprehensible manner.

Why Will Swachhcoin Make It Big Soon?

The waste management industry is a sector that almost always gets neglected by bigger industries and is only often looked upon by environmentalists who understand the dire need to revolutionize the processes pertaining to it due to their significant and alarming effects on the plate.

Since Swachhcoin lays out an effective plan of action for a complete overhaul of this system while also staying close to real-world implementations and expectations, it provides a promising platform that could translate into a primary solution for those looking for effective waste management, whether it pertains to their residential or business needs.

Swachhcoin Looks Reliable and Meets All the Checks for a Credible ICO

The biggest concern that users have with new initial coin offerings (ICOs) and token sales is the possibility of the vendor dropping everything they planned and making off with the investors’ funds into the sunset. Swachhcoin seems to be aware of these concerns, and it has done all it can to prove to its users that it remains to be a credible and reliable solution.
One of the most alarming aspects of an ICO’s are when users are promised high returns with no backing of an explanation, resulting in Ponzi schemes such as the infamous BitConnect. However, Swachhcoin does no such thing and offers rewards not in return of investment but in return for interaction with the platform, which is akin to how many businesses operate in various sectors.

Another recurrent theme with shady ICOs is their absence of “real name” team profiles. Swachhcoin, with its team, profile up to date and linked to notable members’ LinkedIn profiles complete with their experience and multiple connections, assures its users of this aspect as well, which is a sigh of relief for those who have either came close to or have been bitten by lucrative companies with fake team members. With these aspects among many others, Swachhcoin proves its mettle of being a trustworthy solution that could really do wonders for its target industry.

VISIT OUR WEBSITE: https://swachhcoin.com

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Excellent article. I learned a lot of new things. I signed up and voted. I will be glad to mutual subscription))))

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