Blockchain Startup in Plastic Waste Management

in #plastic3 years ago

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The main objective of this paper is to increase the knowledge of the Indonesian people regarding the control of plastic waste and its impact on the environment. In addition, this paper also identifies the main obstacles to the plastic recycling process in Indonesia. While there are many uses for plastic, the waste and pollution it produces can clog rivers, oceans, soils and can have a devastating impact on biodiversity. Therefore, waste management practices should be encouraged and strengthened in the community.

Directly and indirectly, plastic waste can affect living organisms throughout ecosystems, including a growing impact on marine life at macro and micro scales. Human dependence on plastic consumption is increasing every year. Plastic is a material that is light, flexible, relatively inexpensive, and durable. Plastics can be used for many purposes in everyday life, from grocery bags to 3D rocket nozzles.

The obstacle that arises is the lack of supply and demand for recycled plastic in the secondary material market. Indonesia is the second largest user of plastic products. As an example; plastic bags, plastic straws and plastic wrap. The rapid rate of plastic consumption around the world has led to the creation of an increasing amount of waste and this in turn makes it even more difficult to dispose of it. Indonesia produces around 190,000 tons of waste every day. One of the biggest challenges is the low utilization of plastic waste in Indonesia. Indonesia alone is responsible for 15% of global plastic waste in the world's waters. This issue is very important and challenging for most countries. Indonesia can play a leading role in effective plastic waste management compared to other countries. Thus, only a small part of the plastic material returns to the production process through reuse and recycling practices.

The easiest and most obvious way to eliminate plastic waste in the future is to reduce or stop buying products that use plastic altogether. It should be noted that, plastic waste management is the biggest challenge worldwide and destroys our environmental ecosystem. There are many modern technologies associated with plastic waste management systems. This technology can give us a better solution to manage plastic waste and the use of modern technology can turn plastic waste into fuel and gas. This research explores people's awareness about waste management. Therefore, with technical knowledge, this will be an effective way to solve the plastic waste problem in the future. This research can improve our understanding of plastic waste management in coastal countries such as Indonesia in the management of urban plastic waste.

Absract

Plastic Finance is a platform devoted to plastic recycling. Plastic Finance’s mission is to increase the productivity of garbage pickers by providing a platform that benefits all parties involved. Plastic Finance also supports a tree replanting effort in the region to help the environment.

OUR GOALS

We promote the circular economy by improving the plastic recycling system, empowering waste communities with the aim to elevate their standing in society, and also democratizing access to impact investing for a better world we are living in.

PLAS TOKEN SALES

We are proud to announce our private token sale, commencing right now. Investors will be selected on a merit-based approach, focusing on the strategic value they bring to Plastic Finance, and more importantly can resharpen Plastic Finance’s vision. We will benchmark investors based on; Crypto portfolio experiences, problem-solving stewardship, accesses to crypto exchangers, and platform onboarding.

MAIN OBJECTIVE OF PLAS TOKEN SALES

The main objective of our private token sale is to incorporate key stakeholders and community members of the DeFi & Circular Economy ecosystem that can help expand the Plastic Finance network in a meaningful way by forming a baseline for a healthy token economy.
Blockchain technology and stable coins play major roles in incentivizing that every household and MRF to streamline the funding of the plastic recycling industry. Using a smart contract, they can tokenize each type of plastic regrinds and pellets, creating an internal exchanger in other for people and the industry to have easy access to convert to the plastic waste. Moreover, Blockchain gives more transparency to each plastic industry supply chain. They can create a DeFi Dapps, so the waste can be collateralized as assets. Plastic waste that will be used as a benchmark for stable coins is polypropylene and High-Density.

MISSION

Plastic Finance focuses on plastic recycling by increasing the productivity of waste pickers. The value chain of waste won’t be disrupted; instead, they add value to the value chain to benefit all parties. Also, they support the tree replanting program to decarbonize CO2 pollution, further cementing our commitment to the circular economy. They focus on the activities that will increase their self — esteem, which improves their productivity and well — being.
Plastic garbage may cause difficulties if it is not recycled, especially in the region, because plastic cannot breakdown naturally and would amass. To avert this, the government and nonprofits are working together to make it easier for individuals to recycle plastic. However, because they are not rewarded, few individuals recycle plastic debris willingly. Plastic Finance sees this as an urgent issue that must be addressed right away so that plastic garbage can be recycled and garbage pickers can thrive. As a result, Plastic Finance was created as a way to enhance the recycling system by creating a circular economy. Plastic Finance will use bitcoin to boost garbage pickers’ efficiency and benefit all parties engaged in this chain.

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Plastic Finance aspires to provide a platform that encourages individuals to participate in the recycling of plastic trash. Plastic Finance via DApps and DeFi democratizes and profits the recycling system, allowing everyone to join and be active in plastic recycling.

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PUBLIC SALES

If the pre-sales target is below expectation, there is the option to offer internal staking & DEFI at the same
time in Juni 2021.

Blockchain: BSC BEP-20
Governance token Ticker: PLAS
TOTAL SUPPLY: 23.900.000 PLAS
PUBLIC SALES TOTAL :2.000.000 PLAS @ USD1
EARLY CONTRIBUTORS: 7.300.000 PLAS locked up to 27 months
ACCREDITED INVESTOR SALES : 2.000.000 PLAS @ USD 0,375 minimum USD20.000,-
Pre-Sales: 2.000.000 PLAS@ USD 0,6
AIRDROP or Community Grant : 1000.000 PLAS
Hardcap Pre Sales + Accredited Sales = $1.950.000,-
Hardcap Public Sales Total = $ 2.000.000- (can be planned into IFO if pre sales and private sales succeed)
Total Hardcap : $ 3.950.000
PLAS price calculation is pegged to USD value

TOKEN GENERATING EVENT

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PROBLEMS WE FACE

There are two issues we want to address. The first is about the inefficient recycling system that prevent people from living in a circular economy. the second is about the essential but poor
trash community.

INEFFICIENT RECYCLING SYSTEMS HAMPER THE CIRCULAR ECONOMY
Recycling waste is a form of wealth creation. It can spur grassroots investment by poor people, create jobs, reduce poverty, save cities money, increase industrial competitiveness, conserve natural resources, and protect the environment.
In the context of plastics, encouraging a circular economy can be done by optimizing recycling activities.
because of their chemical structure, one can only recycle most plastics about three times, with each recycling process leading to lower quality plastics. After all the recycling process, plastic will be destroyed polluting our environment forever.
AN IMPORTANT BUT POOR WASTE COMMUNITY the waste community living in landfills suffers especially in developing countries, becomes an irony. due to the city’s improper recycling system, landfills depend on: informal workers as scavengers, waste sorters, transporters, and all roles in the recycling process. Thus, landfills are a source of livelihood for millions of people.
Garbage communities are also denied access to the banking system, even though they need it.Most scavengers and waste sorters are informal workers who get marginal monetary rewards. denying them access to the banking system keeps them from getting better tools that can increase their productivity. besides, they become vulnerable to moneylenders because they generally financially illiterate. This creates a downward spiral for their well-being

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PLAS Token :

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Roadmap :

Plastic Finance began this project with the establishment of a concept, team formation, token airdrop, a legal company with restricted liabilities in Indonesia, a company in Seychelles, cooperative formation, advisor boarding, defi coding, and smart contract audit. Then it moved on to early contributor financing, private sales, and the purchase of a 300kg/hour regrind machine, all to demonstrate to the public, investors, and token holders that Plastic Finance’s concepts were being implemented.

Plastic Finance will undertake pre-sales, defi begun, moving to the exchanger, completely operational, and enhance certain features after success. All of this is achievable provided Plastic Finance receives support from the community, investors, and token holders, who play an important role in the platform’s operation and development.

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TEAM

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Summary :

Plastic is a tough substance to disintegrate; it can take hundreds of years for plastic to degrade, thus garbage pickers or other groups are deployed to recycle plastic garbage to prevent it from stacking up. However, the issue is that recyclers, particularly garbage pickers, do not receive adequate compensation for their efforts. And Plastic Finance is here to help by providing a platform that will empower garbage communities. Plastic Finance works by establishing a platform to encourage a circular economy in order to enhance recycling processes. By employing DeFi, Plastic Finance is able to establish an ecosystem that may empower all participants, particularly garbage pickers, allowing them to earn incentives commensurate with their efforts and raise their social standing.

Official links for more details:

Website: https://plastic.finance
Linkedin: https://www.linkedin.com/company/plastic-finance
Twitter: https://twitter.com/plastic_finance
Whitepaper: https://plastic.finance/whitepaper.pdf
Telegram: https://t.me/plasticfinance
Facebook: https://www.facebook.com/plastic.finance
Instagram: https://www.instagram.com/official_plasticfinance
Tiktok: https://www.tiktok.com/@plastic.finance?
Youtube: https://www.youtube.com/channel/UCxZvaGVdcOJ-_SnGaEn4kew

Author

Forum Username: joetex
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2743873
BSC Wallet Address: 0xbCC05CCd4c0c03fD16CF5B4b7fb70688533D0008

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