Plastic pollution causes harm to humans, animals and plants through toxic pollutants. It can take hundreds or even thousands of years for plastic to break down so the environmental damage is long-lasting. It affects all organisms in the food chain from tiny species like plankton through to whales. The need for innovative recycling solutions that promote environmental sustainability has never been greater. Estimates suggest there are 400 million tons of plastic produced annually, projected to double by 2050. Forty percent of plastic is said to be land filled, with another 32% leaked into the environment, according to the World Economic Forum.

Blockchain technology and stable coins can play great roles in incentivize every households and MRF to streamlines the funding of plastic recycling industry. Using smart contract, we can tokenize each type of plastic regrinds and pellets, create an internal exchanger, so people and industry can have easy access to monetize the plastic waste, plus blockchain gives more transparency to each plastic industry supply chain. In Addition, we can create a DeFi Dapps (decentralized finance, decentralized application) so the waste can be collateralized as assets.

What is plastic Finance?

Plastic Finance is a decentralized protocol using blockchain technology and is created with a sound vision to check and control the plastic water. Plastic Finance is a special platform designed to deal with waste and its management. Plastic Finance waste management protocol using decentralized ecosystem and operate independently. This platform do nor require third parties to help and operate the system. Every transaction is transparent and there are no obstacles and unnecessary charges to be paid. This project is capable to provide dealings with the waste management community so as the problems can be sorted out with best solutions. Plastic Finance focuses on plastic recycling by increasing the productivity of waste pickers. Plastic Finance means to engage the waste organizations. This project revolve around the activities that will assemble their self - respect, which improves their effectiveness and well being. Waste pickers will be rewarded for their contribution, where they have the options to get money in token or in fiat (real) money.

This innovative platform is also supporting the tree replenish program to decarbonizes CO2 pollution. Plastic Finance empowers plastic waste collectors through cooperative and DeFi by giving them financial inclusion and access to education. Every 50 tones per hour recycled, it takes 50 people in the supply chain. Plastic Finance aims to recycle 80,000 to 2,16,000 tonnes of plastic grinds per year by the end of 2023.

Plastic waste that will be used as a benchmark for stable coins is polypropylene and High-Density Polyethylene, because this type of plastic waste is the most widely used consumer goods by the community (for example: soap bottles, shampoos, water bottles, etc).

Using blockchain and DApps, Plastic Finance can streamline recycling business flow and empower the scavengers so they get better treatments for their hard work. Plastic Finance will create an app that scavengers can use to sell their waste to MRF, exchange it with cash or store it as an asset in the form of grind’s stable coin which can be collateralized in our DeFi platform.

Plastic Finance Ecosystem

Plastic Finance is Indonesia’s first blockchain-based Plastic bank. Alleviate garbage collectors from poverty. Give bank loan access to poors through Defi. Plastic Finance will improve access to employment, education, services, and technology for many Indonesians. Also, help the government to achieve Green planning or ecology-based budgeting through soil preservation. Clean the environment while profiting from it at the same time.

Plastic finance offers an environment, social and governance also called E.S.G theme investing using cryptocurrency and blockchain technology. 1 PLAS token at public sale price equal to 10 kg per year carbon dioxide and approximately 6.4 tons per year of recycled plastic. By recycling Plastic Finance help carbon emission as some fixed amount of profit proceed to greenify initiative like planting teak trees in the need area of decarbonization.

Blockchain development and stable coins can expect unfathomable parts in support every family and MRF to streamlines the financing of plastic reusing industry. Using sharp agreement, we can tokenize each kind of plastic regrinds and pellets, make an inside exchanger, so people and industry can have basic induction to adjust the plastic waste, notwithstanding blockchain gives more straightforwardness to each plastic industry store organization. In Addition, we can make a DeFi Dapps so the waste can be collateralized as assets.

Plastic Finance has adopted blockchain technology in a new and interesting way:

Cross-organization supply chain recycling tracking:

One of the most significant benefits the blockchain can offer recycling is data transparency. Multiple parties working together can access the exact same data, even if they're not actively sharing tracking systems or information with each other.
When the blockchain is made publicly available, consumers can also use the ledger's info to make more informed purchasing decisions. For example, they can buy from companies that make recycling a top priority.

Tracking individual plastic items across their lifecycles:

The blockchain could also be used to track individual items through the recycling supply chain — which could result in more sustainable plastics. If you can tell how long a piece of plastic has spent in circulation, you could conceivably create incentives that reward manufacturers for designing easy-to-reuse or recycle plastics.
With the data produced by the project, it may be significantly easier for manufacturers and recyclers to know which products are most likely to be picked up by recyclers. They can also determine what's likely to fall out of the recycling supply chain.

PLAS token

PLAS is the native and governance token of the platform. The platform runs smoothly with the help of PLAS tokens. The payments on the platform are done via this token and the holders of this token are the stake holders of the platform and they can stake their PLAS tokens to earn passive income. The holders of the token become a part of the governance system and can help the platform to decide the best future development strategies. PLAS is a stable currency. PLAS price calculation is pegged to USD value.

RoadMap

The team is well aware of how to make systemic growth and make the project to mass adoption in the market. The team has lots of experience in various fields of blockchain and gradually the project is developing and achieving its gals with systemic plans and strategies worked out by this innovative team. The project has well prepared Roadmap for its current and future growth.

Plastic Finance is an innovative project created bu experienced and educated project team that has created a decentralized platform to check and control the plastic pollution across the world by using blockchain technology. This platform is providing fast transactions with low cost and also there are no boundaries restrictions and also there are no third parties to interfere and create hurdles. The consumer can get direct dealings on the platform and the plastic waste management society is well taken care of by using the blockchain technology. The waste plastic material can be accessed worldwide and then picked by the platform by giving the best incentives. The plastic recycle units are getting the deals online using the decentralized ecosystem of the platform and the waste plastic is then picked up for recycling and reusing. This project is doing something good for the community and showing the blockchain power to modify and improve the current prevailing system which is having lots of obstacles and problems. Join the revolutionary concept of the plastic Finance project and grow with the growth of the platform.

Get Latest updates by checking these useful links:

• Official Web : https://plastic.finance/
• Twitter : https://twitter.com/plastic_finance
• Facebook : https://www.facebook.com/Plastic-Finance-110471187905120
• LinkedIn: https://www.linkedin.com/company/plastic-finance/
• Medium : https://medium.com/@Plastic_Finance

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