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How Blockchain Is Helping The Plastic Bank Create a Global Economy of ‘Social Plastic’

The Plastic Bank incentivizes people to bring plastic waste to recycling collection areas around the world, in return for reimbursement via digital tokens into a bank account accessible by smartphone – which people can then exchange for goods such as food, water, phone minutes and more. By tracking recyclables and the tokens people receive via blockchain. The Plastic Bank enables a secure, cashless method for financial inclusion. In this talk, the company’s CEO will share what else is in store for the future global economy of ‘social plastic’ that he envisions, and how other businesses can help or adopt similar innovation strategies.

 

 

Shaun Frankson, Co-Founder, Plastic Bank

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