Humanity's push towards modernization has solved an untold number of problems, and the current consumerist system is pulling 250,000 people out of poverty every day. However, this kind of advancement comes at a cost – namely, the amount waste it produces. Already there are areas of the land and oceans which are so polluted with refuse that they have become no-go zones; poisonous to both human and animal life. Fortunately, one company is starting to apply the kind of advanced solution that an advanced problem like this requires. Swachhcoin is a new cryptocurrency platform which seeks to bring the benefits of the blockchain to the world of waste management.
Reform to the massive and inefficient waste management sector is no easy task. The huge industry produces billions of pounds of waste every year, and contributes to a significant amount of unnecessary waste that is not put to proper use. Innovation will require a seismic shift to the way that customers, waste management plants, and recycling centers interact. But change has never been more necessary. This may be one reason why 76% of waste goes untreated, equating to around 1.5 billion tons of waste per year globally.
Swachhcoin is a decentralised waste management project which aims to create a global ecosystem to solve the problem of waste management by leveraging AI, Big Data, IoT and Blockchain altogether in sync with each other to develop a platform where individual users are rewarded for responsible waste disposal and existing waste management industries are equipped with state of the art technology enabling groundbreaking efficiency and operational capabilities. It has recently been featured on NASDAQ as top 5 waste management startup. Kolkata, May 21st, 2018: Swachhcoin announced the commencement of its Presale from 1st of June 2018. Swachhcoin has recently released a series of updates regarding its Private Sale, Advisors, and Technological Partner. Also they have an airdrop scheduled prior to presale for their huge community of more 36,000 member on their Telegram Discussion Group and many other official social media handles.
The blockchain is the shared database technology that underlies Bitcoin and Ethereum, and it is set to disrupt many industries in the coming decade. It's already getting used in banking and payments, but most people don't realize that this same technology can be used to solve the major environmental problems we are facing today on our planet. If adopted globally, it can even help stop or reverse climate change. As permanent, tamper-proof databases that are shared by a community without a centralized owner, blockchains they are particularly interesting for environmental causes. They make it possible to track and verify transactions and interactions without a centralized authority.
As permanent, tamper-proof databases that are shared by a community without a centralized owner, blockchains they are particularly interesting for environmental causes. They make it possible to track and verify transactions and interactions without a centralized authority. This can significantly increase transparency, accountability, and efficiency of environmental projects. The blockchain is a public ledger that can store transaction records or any other data. It is owned by no one, with a copy of it being stored on many personal computers around the world.