Plastic Blockchain

Annually, we as humans produce up to 500 million tons of plastic; more than 40 percent of this is only used once, and it is choking our waterways, polluting our oceans and harming our wildlife.

Plastics have changed the way we live as a race. However, we are consuming too much too fast, and we have no real way of coping with the amount of plastic waste that we are producing. The only way forward is to change the way we think about packaging; it’s time to try something new.

Bind Capital acts as a solution to the problems of plastic pollution and waste; it is a cryptocurrency and blockchain ecosystem that allows you to effortlessly send packages back to the manufacturer for re-use purposes, to help eliminate plastic pollution. This is a win-win for both the consumer and the planet!

Plastic Cryptocurrency making a better ecosystem

As scientists predict more plastic than fish in the ocean by 2050, what can we do to protect the natural world? Working with IBM and service provider Cognition Foundry, Bind Capital is mobilizing recycling entrepreneurs from amongst the world’s poorest communities to clean up plastic waste in return for life-changing goods.

Reasons To Use Blockchain For Recycling

Blockchain offers reliability, safety, and control over our assets.

Blockchains will help associate crypto tokens to waste which can then be credited to recycler wallets following successful recycling. Blockchain helps register each recycling activity, thus making the process secure and transparent.

A blockchain system allows workers to accumulate these tokens digitally and also enables them to exchange these tokens for local currencies or cryptocurrencies.

Blockchain eliminates intermediaries, and hence, the workers can get the complete value for every waste they recycle.