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INN4SCIENCE BLOG

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The Development of Indonesian Blockchain Rewards-Based Recycling Centers

SC Johnson, a company specialised in household cleaning supplies, and global environmental organization Plastic Bank are going to open eight plastic recycling centers in Indonesia. The project will offer local residents tokens for plastic collection.

According to SC Johnson’s research on the plastic pollution of the ocean, 55 percent of plastic leaking in the ocean is concentrated in Asian countries China, Indonesia, Thailand, Vietnam and Philippines.

The first recycling center has been already opened in Bali, other ones are scheduled by May 2019. SC Johnson plans to expand the program to other Asian countries with high rate of plastic pollution.

The tokens offered for plastic waste collection can then can be exchanged for goods and services via a decentralized system. The use of blockchain technology in distributing tokens will prevent the loss or theft of rewards.

Blockchain is used extensively not only in environmental or charity programs, but financial, medicine, supply chain, industrial projects all over the glob. Though blockchain is often called a “technology of the future”, it has already gotten implemented and provided its benefits both by small technological startups and large corporations.

Whether you consider the opportunities of blockchain for establishing a new breakthrough business or level-upping an existing one it’s a great tool to create an amazing project! You may find out about your idea realization feasibility by asking us.

DO YOU HAVE ANY QUESTIONS?

LET'S DISCUSS! BOOK A CONSULTATION WITH OUR SPECIALIST


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