About Swachhcoin
Swachhcoin is a unique blockchain-powered attempt at micromanaging wastes from households and industries and efficiently converting them into useful products. These products, at the end of the process, will be of higher economic value. They intent to delve into the realm of, but not limited to green-energy, fertilisers and power generating gases as of now. But given the rapid progress of fundamental research on efficient product conversion, They look forward to adapt and better the existing working technology. Managing resources is not a simple task and given the terrible state of waste resources management in most countries, Swachhcoin will help model an ideal system. For a foolproof, effective decentralization and robust micromanagement are the underpinning. This is where the blockchains by Swachhcoin comes into picture. Company will is to create a truly sustainable, clean community development around the world while improving the economic conditions of all individuals professionally associated with the industry in any capacity along with the domestic households.
Basic Information
Swachhcoin Features
- Token rewards for responsible waste disposal..
- AI, Big Data, and IoT integrated with Blockchain..’
- Trustless, transparent and autonomous philanthropy mechanism
- Decentralised micro/macro advertisement for individuals and organisation through bidding on SWBIN.
- Region-Culture-Existing Infrastructure based exclusive platform and system modifications.
Tools Technology
Swatel
Swachh Adaptive Intelligence:Refers to the customized application of Adaptive Intelligence technology to increase the efficiency in operations, specifically in the processing of the waste to produce the desired output by making equipments ‘intelligent’.
Swata
Swachh Big data: Refers to the customized application of Big Data to enable integration of advanced methods during transportation, collection, and distribution of various inputs and outputs as well as automated machinery decision based on past experience
Swiot
Swachh Internet of Things: Refers to the customized application of Internet of Things to enable complete remote access and control of indoor and outdoor waste processing equipment and thus enable dramatic increase in efficience.
Swbin
Swachh Bin: Refers to the customized waste collection bins designed by Swachhcoin having various features like but not limited to, automatic opening and closing lid, linked user identity database, reward distribution, integrated waste separation etc
Waste Generated Arround The world
Listed countries alone generate over a BILLION Tonnes of waste annually. The share of waste generated is directly proportional to the rate of development, Indicating that in the coming days, with Rapid Development, waste generated will grow exponentially. Swachhcoin aims to bring over 80% of these countries onto the swachhcoin platform by 2028.
Token Circulation
Swachhcoin aims to revolutionise waste management by creating a token that will be used to provide monetary incentive primarily to the domestic households. The waste processing industry will be at the core of fueling this economy.
Problem
Excessive Generation
Generation of wastes has been an acute problem for a long time now. Quoting the World Bank report, The United States is single handedly responsible for generating 250 million tons of wastes annually. Evidently it has the highest per-capita waste generation amounting to about 4.6 pounds per day.. Considering these figures, an average citizen in the United States disposes 1,200 pounds of wastes a year. These discarded wastes could be potential compost material and be kept out of landfills. Since the 60’s, the quantities of wastes generated have tripled leaving us with a bigger burden. Day in day out, the USA throws as much wastes as to fill around 60,000 garbage trucks. The severity of the problem seems acute when we extrapolate the data from the USA to the rest of the world.
Landfill Issue
Leachate and emissions of the harmful greenhouse gases are frequently associated with Landfills. A closer look at the qualitative contents of the wastes produced reveals that most materials that end up as wastes contain toxic materials. Gradually these toxic substances precipitate and leach out of the soil, eventually entering the groundwater and rendering them hazardous and unfit for consumption for years to come. The organic materials, compacted as a result of this, are covered down without being exposed to soil. This affects the natural aerobic process of decomposition by inhibiting oxygen through the covering of organic substances.
Toxicity Waste
Tons of toxic wastes produced each year, amounting to around 440 million tons, gives a sneak-peek into a much bigger problem. An average American produces about 3200 pounds of hazardous wastes. These include all sorts of materials – liquids, solids, contained gases, sludge, discarded commercial products like pesticides and cleaning fluids and byproducts of manufacturing processes. Uranium seems to be a rather common toxic pollutant with the United States having billions of gallons of it’s groundwater.
Proposed Solution
It is not a hidden fact that the global waste management problem they face cannot be tackled by a handful of people or organisations. The willingness and contribution of mass population is key in successfully achievin objective. The best way to encourage people to properly manage their wastes will be to incentivize them monetarily for proper waste disposal and raise their awareness about the issue. This is the core of the proposed solution Swachhcoin offers. Also, it is scientifically proven fact that the amount of high-economic-value outputs that can be obtained from the accumulated wastes is tremendously reduced due to various types of waste being intermixed, thus degrading the unique property/individuality of the same. Swachhcoin will implement waste segregation at source in SwBINS to eliminate this problem. The traditionally running waste management industries have poor infrastructure and the archaic technologies available to them greatly limits their operational abilities. Swachhcoin will completely eliminate this problem and take the technological abilities of the company to the state of the art level..
How are we different
The platform offered by Swachhcoin is unique in number of ways. Currently there are other waste management platform but none of them are as broad and as technically advanced as Swachhcoin. Some of the features which makes us unique are:
- Users are given monetary incentive to manage their waste ,whereas, traditionally people used to pay
for their waste to be collected from their homes - The range of outputs produced after processing the waste are over Twenty.
- Leveraging not one, but four most advanced technologies i.e. AI, Big Data, IoT and Blockchain.
- Freedom to sell and buy produced output in both Fiat and Tokens.
- Apart from profit making business model,platform has integrated autonomous philanthropy mechanism.
Initial Development
In order to kickstart this project, and scale it to the aimed level, they understand that they need to build up a network of highly capable and influential partners who will catalyse this process. Swachhcoin is already working on it and has been successful thus far. They have finalised partnerships with number of organisation and are also in the final talks with more of them to come aboard. The names of partners and collaborators will be strategically revealed as suggested by the team managing ICO campaign. This process has also been made easy with the help of parent organisation Community Tech Labs which has experience of launching a number of cryptocurrency and blockchain projects.
Technology and Tools
The uniqueness of this project lies in the extensive use of cutting-edge advanced technologies. At Swachhcoin they believe that a number of social problems that the world faces, if not all, can be solved by efficiently developing and deploying advanced technologies in the concerned field. Keepingthis in mind, they have brought together few of the most innovative technologies of times, together for the same cause of solving the immensely huge problem of waste management that they face throughout the world.
SwAPP – Swachh DApp
Swachh Decentralised Application is a platform-independent user interface to enable the community users interact with various platform exclusive features and participate in various campaign. The decentralised application will be built on ethereum blockchain. SwAPP is a combination of user friendly front end along with implemented smart contract which work on a predefined set of rules, guidelines and a 100% predictable model under a given set of circumstance and constraints. SwAPP is the one of the main requirement for a user to be able to actively take part and be associated with the community.
Rural Welfare Program
Today, when they discuss about the problem of waste management and architect a system to overcome them, the entire system is designed keeping in mind only the urban population without realising that there are 3.4 billion people worldwide living in rural areas. Swachhcoin is a broad waste management platform not only in the sense of taking variety of inputs and creating a variety of outputs of high economic value from it, but also because it plans to be a platform for every section of the society, in every geographic location worldwide, weather be it rural or urban. There are a number of challenges in applying the designed waste management platform in rural areas, be it social, economic and technological. These challenges repel the business organisation from working in the rural region since they eye to tap the opportunity of generating more and more revenue whenever possible. Swachhcoin understands that waste is generated everywhere. Weather it is urban area or rural area. It is true that the rural area does not generate as much waste as the urban area and also that most of the rural areas do not face an imminent issue of waste management.
Team
Member |
FOUNDER & CEO Aditya Kumar CO-FOUNDER & COO Prashant Chaturvedi ADMINISTRATIVE OFFICER Alok Yadav FINANCIAL OFFICER Aditya Vikram Singh RnD OFFICER Siddela Sarat Kumar |
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[su_quote]This article is writing on 21 June 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258[/su_quote]
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