Friday, July 9, 2021

Plastic Finance

HalIo everyone, this new post I want to introduce about the project . A very interesting and good Plastic Finance that is and for more details let's go to the following discussion:

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According to the United Nations, we throw away more than 2 billion tons of waste every year. Global waste could grow to 3.40 billion tonnes by 2050, more than double the population growth over the same period. The average amount of waste generated per person per day is 0.74 kilograms but ranges from 0.11 to 4.54 kilograms. By 2050, these figures could increase by 40% in low- and middle-income countries and 19% in high-income countries.

THE PROBLEMS WE FACE
There are two issues we want to address. The first is about inefficient recycling systems that prevent people from living in a circular economy. the second is about
the essential but poor waste community

INEFFICIENT RECYCLING SYSTEMS HAND OFF A CIRCULAR ECONOMY

Waste recycling is a form of wealth creation. This can spur grassroots investment by the poor, create jobs, reduce poverty, save cities money, increase industrial competitiveness, conserve natural resources, and protect the environment. In the context of plastics, promoting 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 producing a lower quality plastic. After all the recycling process, plastic will be destroyed polluting our environment forever.

IMPORTANT BUT POOR WASTE COMMUNITY

Garbage communities living in landfills suffer especially in developing countries, which is an irony. because of the city’s improper recycling system, landfills depend on: informal workers as scavengers, waste sorters, transporters and all roles in the recycling process. As such, 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 of the scavengers and waste sorters are informal workers who get marginal remuneration. denying them access to the banking system deprives them of better tools that can increase their productivity. in addition, they become vulnerable to moneylenders because they are generally illiterate.

How the Platform Works
Plastic Finance works in two ways: empowering the waste community (such as scavengers, scavengers, etc.) and rewarding those involved in the network. Scavengers will be rewarded for their contributions, where they have the option to earn money in tokens or fiat (real) money. If they prefer crypto tokens, they can actually take part in the platform. They can use this platform to gain access to finance, and this is rare because the trash community is usually the unbanked. Well, with this platform, these unbanked people can finally enjoy financial access


SOLUTION
Blockchain technology and stablecoins can play an important role in streamlining the funding of the plastic recycling industry, empowering the waste community, and becoming an ESG investment model. We propose three pillars of the solution:

promote waste price transparency through tokenization Economic and social empowerment for the waste community through DeFi Ensure the sustainability of this movement through security tokens and run this project as an ESG investment model Using smart contracts, we tag every type of plastic waste and create internal exchanges, so that everyone in the chain waste supply can have easy access to monetize plastic waste. Blockchain This technology provides more transparency in price formation and can be used as a tracker for better waste management. Next we create DeFi DApss so that waste can be turned into assets. deFi will enable scavengers and communities to gain access to funding to increase their productivity. last, governance tokens that also function as dividend tokens will ensure the sustainability of this circular economy model. by making this model an ESG investment, we can increase its potential for wider adoption worldwide.


OUR MISSION
WE PROMOTE A CIRCULAR ECONOMY BY IMPROVING RECYCLING SYSTEMS.

Plastic Finance focuses on plastic recycling by increasing the productivity of scavengers. We do not disrupt the waste value chain; instead, we add value to the value chain to benefit all parties. in addition, we support a tree replanting program to remove carbon from CO2 pollution, further strengthening our commitment to a circular economy. 

WE EMPOWER THE WASTE COMMUNITY TO HAVE A HIGHER SOCIAL STATUS IN THE COMMUNITY.

Plastic Finance aims to empower the waste community. We focus on activities that will increase their self-esteem, which increases their productivity and well-being. 

WE DEMOCRACY EAST INVESTMENT ACCESS.

Our efforts to enrich the recycling system and empower the waste community can be sustained and expanded with the help of the investment community. With DApps and DeFi, we are democratizing access for everyone to take part in the global mission of recycling and empowerment. 

BLOCKCHAIN ​​AND STABLE COINS TECHNOLOGY

Can play a huge role in incentivizing every household and MRF to streamline funding of the plastic recycling industry. Using smart contracts, we can tokenize every type of plastic regrind and pellet, create an internal exchanger, so that people and industry can have easy access to monetize plastic waste. In addition, we can create DeFi Dapps so that these wastes can be pledged as assets



REJECTION
As always, Please DO YOUR OWN RESEARCH BEFORE Investing your hard-earned BNB into These Projects And Never Invest More Than You Want to Lose. For more information about 

PLASTIC FINANCE, click the link below


Author : kemi123
Bsc Address(BEP20) : 0x0888a14A2A06207E6A4d3e78861D2856B01FCda5

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