Ethereum to Help Get Rid of Water Pollution
Main page Analytics, Ethereum

ConsenSys and Bounties, the largest blockchain developers, launched an application in the Philippines that rewards people in Manila for cleaning urban beaches. The Bounties Network is a decentralized application on ethereum blockchain that allows users to assign tasks and pay rewards to them.

The app users will receive ethereum coins for cleaning one of the most polluted beaches in the world. Thus, startups Bounties Network and ConsenSys Impact are going to prove the success of a new model in which people can finance important projects for them without intermediaries.

The companies’ initiative is aimed at reducing the world's oceans pollution. Plastic pollution costs lives of more than 1 million seabirds and 100 thousand mammals according to the official statement. Plastic also damages the marine ecosystem at a rate of $8 billion per year.

With the help of the Bounties application, its founders ask people to make a contribution to the purification from plastic. The application creators explain that for large-scale initiatives that can potentially change people's behavior, it is not necessary to depend on centralized organizations.

Blockchain Goes Green

By the way, this is not the first such initiative. There is a service in Haiti that allows you to exchange garbage for cryptocurrencies. In order to solve the problem of plastic waste entering the environment, Plastic Bank together with IBM developed a blockchain platform for exchanging plastic waste for tokens, which can then be spent on goods and services. The product is intended for residents of poor countries where the problem of waste disposal is particularly acute.

As a pilot project, the company has established 40 plastic exchange centers for its own cryptocurrency on the island of Haiti. Tokens are credited to an individual account, then they can be exchanged for goods and services through a blockchain platform developed by a startup together with IBM. Users connect to the platform and manage the account through a mobile application. The company refused to use cash because of the risks of fraud and theft.

SC Johnson & Plastic Bank to Deal with Global Ocean Plastic Crisis

By the way, NASA also uses ethereum for the benefit of ecology. For evading probes and satellites from space debris, which is increasingly interfering with work in near-earth orbit. NASA has launched a research project, under which the technology of smart contracts is planned to be used for automated maneuvering of space technology while evading space debris. The project is called “Resilient Networking and Computing Paradigm”. In the next three years, the team plans to develop a cognitive model using smart contracts, independent of the data coming from Earth.

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