About Swachhcoin

imparable (35)in #wafrica • 6 years ago (edited)

Waste management is a very serious issue in many parts of the world recently. When wastes are improperly disposed, it can cause a lot of environmental , ecological, physical , and healthcare issues. In most parts of the world , especially the underdeveloped and developing areas, there are no adequate systems in place to cater for wastes properly resulting in pollution, disease outbreaks, epidemics , environmental hazards and so much more.
Swachhcoin intends to change the way by which the waste management industry works by using the internet of things (IoT), blockchain technology , adaptive intelligence , big data and other technologies. The main aim of Swachhcoin is to address the issue dealing with the so much waste that is created and also to increase the efficiency and profitability of the waste management industry. It is noteworthy that some countries have adopted a system of recycling waste products into completely useful products, thus the introduction Swachhcoin.
Swachhcoin brands itself as a non-profit organization. They want to make the existing waste management industries efficient and capable of acting as a provider of service and developer of technology in this sphere. Not only does it intend to work with the industries , but they also plan to develop an ecosystem whereby they can influence the waste management habits of individuals on a mass scale. Swachhcoin aims to compensate and incentivize people monetarily who disposes off their wastes properly. It wants to build an ecosystem for this purpose utilizing blockchain , adaptive intelligence , and other technologies where the household waste contributors are rewarded for the waste they produce that is ultimately converted to products of high economic value. Moreso, 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 while creating a cleaner and greener environment. The ecosystem will revolve around Swachhtokens.
The users of Swachhcoin platform will receive monetary incentives in exchange for managing their wastes properly. The processed waste will lead to at least 20 different products or outputs, an initiative which is believed to gradually change the way how wastes is disposed all over the world. Another advantage of using the Swachhcoin platform is that users will have complete freedom to sell or buy output yields in form of both fiats and tokens. In addition to profit-making , the platform also serves the corporate social responsibility of keeping the environment and the planet at large clean and pollution-free, apart from contributing for the betterment of the surrounding, this platform with the help of multiple advanced technologies makes the waste processing extremely proftable for the waste management industries, thus catalysing widespread adoption and network growth. The vast but disorganised waste management system which is currently in use does not have the ability to utilize advanced technologies that can potentially bring about a complete change in their revenue. Swachhcoin will help them bring about this change. On ground level, waste management sector directly and indirectly exploits the worker who work in the inhumane conditions on merge or almost no payroll in the absence of any employment contracts and worker protection. Swachhcoin will autonomously provide workers all of these things. Swachhcoin will also develop a philanthropic infrastructure in order to serve the less fortunate through its network-fee contribution. The funds accumulated through this will be fairly and transparently distributed autonomously, to uplift them and increase the living standards of the last person in the society.

Within the Swachhcoin ecosystem lies other important sub-ecosystem actively working by exchanging data, analyzing them, generating report and making predictive and/or prescriptive actionable suggestions to each other in real time.

SwATA : SwATA stands for Swachh Big data. It is the customised application of Big Data in the waste management industry, developed by Swachhcoin exclusively to catalyse optimization of frequent operations.
SwAPP : Also called Swachhcoin DApp, this is the platform's decentralized app. SwAPP is a user interface that includes a wallet and information about the nearest SwBin location, giving users an easy , convenient disposal experience.
SwBINS : These are customized waste collection bins designed by Swachhcoin. These bins will have various features that enables highly effective waste disposal.
SwATEL : SwATEL stands for Swachh Adaptive Intelligence. It is the customised application of adaptive Intelligence in the waste management industry developed by Swachhcoin exclusively to make the machinery and equipments present inside the processing plants and outdoor SwBIN’S intelligent which enables communication and coordination between various parts of the facility. It has proven to be greatly efciency boosting and saving capital in the long run. SwATEL is another sub-ecosystem in Swachh Ecosystem. It can precisely be described as the brain of the entire ecosystem.
SwIoT : SwIoT stands for Swachh Internet of things. It is the customised application of Internet of things in the waste management industry developed by Swachhcoin. Integration of Internet of Things specifcally enables remote control, modifcation and adaptation of machineries as per the requirements and instructions passed on by the controller.

Behind Swachhcoin is a team led by founder and CEO Aditya Kumar - an india-based entrepreneur with a background in earth sciences and environmental services, alongside co-founder Prashant Chaturvedi. Other members of the team are ;