SWACHHCOIN: Decentralizing Waste Management
ABOUT SWACHHCOIN
Swachhcoin Foundation is a non-commercial organization in the sector of waste management. Its activity is directed both at industries to boost their efficiency, and individuals on a mass scale, to raise their awareness and understanding of the issue and change their habits. Swachhcoin projects is a blockchain-based platform aimed at micromanagement of domestic and industrial wastes and turning them into items of use. Conventionally people are accustomed to pay for waste collection from their households. The users of the platform, on the contrary, will receive financial incentives for their waste management.
Swachhcoin aims to develop a revolutionary model platform to disrupt the waste management sector using advanced, coming of age technologies like IoT, Adaptive Intelligence, Big Data and Blockchain for existing waste management companies where the household waste contributors are rewarded for the waste they produce that is ultimately converted into products of high economic value. Not only this, by adapting Swachhcoin platform, the waste management companies will be able to dramatically increase their profits while increasing and easing their operational efficiency and capabilities. All this while creating a cleaner and greener environment.
SWACHHCOIN: PROBLEM TO SOLVE
Here’s how Swachhcoin explains the issues they’re trying to solve, as written in their whitepaper:
The amount of waste isn’t exactly the issue: the issue is that we’re not very good at converting waste into usable materials:
HOW SWACHHCOIN WORKS
Obviously, solving the global waste management industry’s core problems is not an easy endeavor. How does Swachhcoin plan to solve these issues?
Swachhcoin understands that many people will not re-purpose waste simply out of the kindness of their hearts; instead, people need a financial incentive to do so. With that in mind, Swachhcoin seeks to incentivize people monetarily in order to properly dispose of their waste.
With that goal in mind, Swachhcoin will create a global ecosystem that uses big data, blockchain technology, adaptive intelligence, internet of things (IoT) and other technologies to optimize the waste management industry. This ecosystem will revolve around the use of Swachh Tokens, SCX.
SWACHHCOIN PLATFORM FUNCTION
Some of the core functions of the Swachhcoin platform include:
- Users will receive monetary incentives in exchange for properly managing their waste (under the traditional model, - users have to pay for waste to be responsibly collected from their homes)
- Processing waste will lead to at least 20 different outputs
- Swachhcoin will use four advanced technologies, including AI, big data, IoT, and blockchain
- The platform will integrate autonomous philanthropic work
SWACHHCOIN TOOL AND TECHNOLOGY
Swachhcoin’s website mentions all of their tools and technologies as follow:
Swachhcoin Big Data
Swachhcoin Big Data, or SWATA, is described as “the customized application of big data, designed and modified for waste processing industry.”
Swachhcoin DApp
The platform’s decentralized app, or SWAPP, is the user interface that includes a wallet and information about the nearest SWBIN location, giving users an easy and convenient disposal experience.
Swachhcoin Bins
SWBINs are customized waste collection bins designed by Swachhcoin. These bins will have “various features that enable highly effective waste disposal,” explains the official whitepaper.
SWIoT
The Swachhcoin Internet of Things network is a customized IoT application designed to use IoT sensors to optimize the waste management industry.
Swachh Adaptive Intelligence
SWATEL is “the customized application of adaptive intelligence designed and mofieid for waste processing industry,” explains the whitepaper.
Blockchain
The platform will be based on blockchain technology.
SWCHHCOIN ICO AND RATING
ICO DETAILS
| Category | Cryptocurrency, Ecology, Social & Non-profit |
|---|---|
| Country: | India |
| Website: | Go to Website |
| Token Symbol: | SCX |
| Token Platform: | Ethereum |
| Type: | ERC20 |
| Total Token: | 400,000,000 SCX |
| Tokens for sale: | 276,000,000 SCX |
| PreICO price: | 1 SCX = 0.04 USD |
| Price in ICO: | 1 SCX = 0.075 USD |
| Soft Cap: | 5,000,000 USD |
| Hard cap: | 18,000,000 USD |
RATINGS
| icobench.com: | 4.7 / 5 |
|---|---|
| trackico.io: | 4.6 / 5 |
| icomarks.com: | 8.1 / 10 |
| Icostock24.com: | 4.4 / 5 |
ROADMAP
2016
| Q2 | Idea Conceptualisation |
|---|---|
| Q3 | Techincal Study and Survey |
| Q4 | Organisation Structuring, Market Survey and Brainstorming |
2017
| Q1 | Internet of Things, Adaptive Intelligence and Big Data feasibility Research and Testing |
|---|---|
| Q2 | SWIot, SWaTel, SwaTa, SwBin Conceptualisation and Development |
| Q3 | Platform Feasibility Test, Outcome Audit and code revision |
| Q4 | Collaborations with technical advising partners |
2018
| Q1 | ICO Announcement, ICO Campaign targetting Social Media, Blockchain Development |
|---|---|
| Q2 | SwaPP first look, Proof of concept test, Presale, Patent process initiation |
| Q3 | Main ICO, Market Recognition and Expansion Strategy, SwBIN MVP Reveal, Partnering with Manufacturers, Industry Tie Ups |
| Q4 | Swachh Centres Review Report and Model Revision |
2019
| Q1 | Platform Development, Finance Disclosure and Annual Report, Finance Protocol Development for First Deployment |
|---|---|
| Q2 | Test Net Launch, Trial Verification, Overall System Integration, Alpha release |
| Q3 | Prototype Pre Deployment Testing, Minimum Viable Ecosystem Assembly Initiation, Iterative Revision Implementation and Verification |
| Q4 | Final Design Reveal, First Deployment in the Industry |
SWACHHCOIN TEAM
For more information about SWACHHCOIN, kindly refer to their contact details listed below:
WEBSITE: https://swachhcoin.com/
WHITEPAPER: https://swachhcoin.com/whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3034091.0
TELEGRAM: https://t.me/swachhcoin
TWITTER: https://twitter.com/SwachhCoin
AUTHOR: Tpq01349
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1972940