SWACHHCOIN; INTRODUCING AN EFFECTIVE WASTE MANAGEMENT BY INCORPORATING THE BLOCKCHAIN TECHNOLOGY

cryptoboss12 (40)in #wastemanagement • 6 years ago

Waste management and disposal is a very serious real life problem that many countries, industries and even individual homes are facing in the world today. This problem gets worse on a daily basis due to the technological advancement that happens on a regular basis, around us. The adverse impact of this technology is that it has carved a niche for producing non degradable waste products which has become a major concern for world health and environmental bodies.

There are some traditional waste management bodies e.g. Exnora Green Pammal (EGP) that originated as a waste Management body to combat the every increasing waste generation and disposal issues. Like EGP, most waste Management organizations have failed.

They have tried so many different alternatives but this issue seem to always defeat these solutions. Waste management isnt an issue that can be ignored, therefore there is a constant need to try new innovative technological methods in order to find a permanent solution once and for all.

Fortunately, after series of deliberations and research, a team of experience experts sat together and proposed, what they believe will put an end to waste management issues. They believed that by incorporating the blockchain technology, waste disposal issues will be reduced to the barest minimum, if not eradicated completely.

SWACHHCOIN?

This is a decentralized autonomous system that is designed specifically for waste management and is to comprise of both industries and household as these are the major producers of wastes in the society. This platform will make it possible for infrastructures to be laid down to properly manage waste.

How is Swachhcoin different from others?

Unique features of Swachhcoin

The presence of so many distinct features which can be attributed to cutting edge technologies makes swatchcoin to stand out from other blockchain projects and these features are:

SwATA

This is known as Swatch Big data and this will be used in making sure that frequent operations occur faster as it will be able to collect and store huge amount of data while also removing the important ones so that any action to be taken can happen quickly and in real time.

SwATEL

This stands for Swachh Adaptive Intelligence and is a wing under swachhcoin where this adaptive intelligence is used in waste management by making sure there are equipments available in the processing plants which will make waste management better.

Since the Adaptive intelligence is a system that thinks human like and make decisions as such then the whole process becomes easier and more error free.

SwIoT

This means the Swachh internet of things and just like the others is created by Swachhcoin and applies the internet of things in waste management. And under this IoT there is blockchain which will be used to create a decentralized system that will be secured, transparent, ensure privacy, and removal of intermediaries.

SwBIN

This stands for Swachh Bin and is a very advanced platform that will be used to effectively manage waste has it has the capacity of storing lots of waste and transporting them to the waste recycling plants, control all the activities has regarding the waste management and amazing functions such as Dapp support, waste compression, low maintenance, low cost etc.

SwAPP

This is an application based interface where users can interact with each other and make use of available features on it.it is built on the Ethereum blockchain which means that it is secure, fast, transparency and can make use of smart contracts. It also has an integrated SWACHH Wallet to make the sending and receiving of SWACHH Tokens relatively easier.

TOKEN ECONOMY

The platform creates the Swachh Token as a means of rewarding domestic households with monetary value. And this token when used will be at a discounted rate compared to traditional payment methods.

ICO INFORMATION

Token name: Swachhcoin
Token Ticker: SCX
PreICO Price 1 SCX = 0.04 USD
Price 1 SCX = 0.075 USD
Token Protocol: ERC20
Total supply: 400million
Total Tokens forsale: 276million
Hardcap: 18million USD
Softcap: 5million USD
Premined: Yes
Presale date: 2018-06-01 - 2018-06-15
ICO date: 2018-07-01 - 2018-08-08
Accepted currency: BTC, ETH, XRP, LTC
Originating Country: India
Whitelist/KYC: Yes

TOKEN DISTRIBUTION

FUNDS DISTRIBUTION

CONCLUSION

The SWACHHCOIN platform will help create a world that will be mostly free of wastes as they will be managed effectively through blockchain while giving out monetary incentives to households to encourage proper waste management.