How Blockchain Technology is Redefining Sustainable Waste Management for Future?

How Blockchain Technology is Redefining Sustainable Waste Management for Future?

Blockchain Technology: The Concept

The popularity of Blockchain Technology has impacted IT, Banking, Manufacturing, Financial Services, Insurance, Health sector, etc. in various ways. The emergence of Blockchain technology in sustainable waste management might simplify theprocess of adhering withEPR for plastic waste and e waste management guidelines in future.

  1. The innovative reasons behind using Blockchain in eco-friendly waste management have been listed below-
  2. Enhances transparency in waste collection, transportation and further management of ecological waste, making it easily traceable
  3. Easy to collaborate with different stakeholders associated with different layers of environmental waste, starting from production, collection, transportation, and final disposal or further treatment.
  4. Withstanding illegal dumping and disposal of Plastic, E-Waste, Battery, Tyre and other forms of environmental waste
  5. Increasing accountability among concerned entities responsible for the sustainable treatment of various types of waste mentioned in EPR guidelines?

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Blockchain– A Technology to Empower EPR forPlastic and other Waste Management Rule

Implementing Blockchain technology for sustainable waste management in India is a long way to go at this point. However, CPCB’s guidelines to manageall kinds of single-use plastics, obsolete electronic gadgets, used Tyresand Batteries under EPR for plastic waste, E waste, Battery and Tyre waste rule is yet to implement successfully all over the country. A few instances of EPR law violation in India are shared below-

  1. Out of 4,126,997 tons of plastic waste generated in 2020-21, only a few portions of plastic waste are treated by complying with CPCB guidelines
  2. CPCB sued various companies for falsely claiming EPR Credits which were granted to companies responsible for fulfilment of yearly EPR targets in India
  3. CPCB sent legal notice to multiple companies on finding sufficient instances of managing e-waste by defying EPR for e waste Rule in India.

Consequently, it won’t be unjust if CPCB thinks to introduce a Blockchain system for managing all kinds of waste listed under EPR for Plastic, Battery,Tyre and E waste regulations in India.

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Few Ways Blockchain Solutions Assure Sustainable Waste Managementin Abroad

The sustainable waste management solutions unlocked with Blockchain technology earned global fame already.? It has been implemented in various foreign countries.

However, implementing those within India’s EPR for plastic, e waste, Tyre and battery waste managementlandscape or not is difficult to predict.

Nevertheless, the eco-friendly waste management solutions assured by Blockchain technology are listed below-

  1. Transparent data processing mechanism to identify the exact number of rising environmental pollution, followed by necessary consequences.?
  2. Replacing manual processes to maintain data on wastage of resources and financial loss due to ecological contamination
  3. A dedicated web-based portal to manage, collect, and transfer environmental waste by recording it in the Blockchain system
  4. Avoiding irregular disposal and unethical treatment of Plastic waste by defying respective Waste management rule
  5. Using computerized ledger by using Blockchain’s irreversible ledger to address effective and strategic disposal of environmental waste

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Blockchain solutions have enhanced eco-friendly waste management practice in abroad. Countries like the UK have adapted this technology to fight environmental pollution.

The work-mechanism of BrainyBin waste to reward concept: -

Brainy Binsare waste containers with sensors monitoring the type of waste disposed in it.

Brainy Bins users can purchase it via the Web 3 platform supporting Blockchain technology

On depositing recyclable waste into the dustbins, the type and quantity of the waste is detected.

The journey of the waste from further collection, and transportation to recycling starts as soon as the Brainy-Bin accepts it. The status of the waste is trackable for the user

Once the waste is recycled, a Cryptocurrency or token is granted to the user’s Crypto wallet as a reward for being a part of a sustainable waste recycling program

However, India has a long way to impose a Blockchain system to manage, handle and operate all kinds of waste mentioned under CPCB’s EPR Rule.??

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Conclusion

Stay tuned with ARKCA Corporate for more such informative updates on innovative solutions related to EPR for plastic, battery, tyre, and ewaste related rule in India.

An article that is alarmingly contemporary yet imbues a glimmer of redemption...

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