Waste Management Driven by IoT and Blockchain
Swachhcoin wants to create a circular and sharing economy around waste management. The company plans to tackle current shortcomings of waste processing industry with the help of advanced technologies: blockchain, IoT, AI and Big Data. An ecosystem will include innovative products created by Swachhcoin, like Swbin, a “smart” waste collecting bin, or Swiot, a system which will have remote access and control of indoor and outdoor waste processing equipment. The company is based in India and it claims that philanthropy and common good are as important to the project as capital investments and fancy technology. The company created a rural welfare program, which will stimulate businesses to implement technological solutions in rural areas. A working model of Swachhcoin platform is available on company’s website.