Tech startup Blockchain Development Company (BDC) has launched a recycling initiative for plastic bottles and aluminium cans, using blockchain technology. RecycleToCoin is a world-first system providing the public with an incentive to recycle waste. Aimed at ‘single-use’ plastic bottles and aluminium cans, this revolutionary solution leverages a blockchain based mobile app to help inspire environmental change.
Using the mobile app, alongside physical machines and designated collection points, the system will allow the exchange of recyclable waste for BDC tokens. These tokens can then either be exchanged for an eGift Card or donated to the main partner charity, Plastic Bank.
Charity Shops are able to express an interest in being involved with the scheme, to be paid to host the scheme’s collection points. The first machines to be trialled are due to arrive in Glasgow and Manchester from February 2018.
See www.recycletocoin.com for more details.