Silvan Andermatt - Blockchain for good - towards a rewarding circular economy with Blockchain

Transcript

welcome everyone so um how we can use blockchain for something good like circular economy and reducing waste um solving problems of this world let's face it we live in an inefficient World um where a lot of the things that we produce or consume within six months tend to land on a landfill and with that we also face an existential threat because um we are going to increase greenhouse gas emissions over the next years we increase consumption production and if we looked at into numbers we also

have like a huge waste generation that will happen in the next couple of years but yet we could solve all of that by increasing on the one side the ReUse of materials and on the other side increase to recycling so we just need to double actually the rate of the circularity in our economy and they would address something like 85% of the greenhouse gas Emissions on this planet and all of that we can just do together so we need to involve a multitude of players and create a network so that we can scale together and we want want to do is that

polluters need to pay for the waste and for the problems they cause but on the other side everyone which is participating in recycling and reusing and doing something good should be incentivized to do so so what carrot is aiming at is not just to be something which is punishing but to share actual incentives to do something good so we need system where anyone can work together and has an incentive to do so and how does it work well we have some rear World activities that are happening so we are producing waste waste is

getting collected and brought to a facility for treatment we record all of those events and we do that on a blockchain and we give the mass so kind of the waste that you produce an ID and then with that unique ID on the Block we can track and Trace everything and in the end I mean we can also measure the environmental gain if we do um organic waste composting in a professional way you have much less greenhouse gas emission and other pollution as if you would just do it in a landfill we can measure that we can tokenize it and then we can sell it on

the open market and once we sell it we can incentivize and give back to those who participated and we want to do that all of that in a very transparent way so that everyone can participate and have a look at where the data is and what happened and on the right hand side you can see how it looks like um and if we look at the actors involved okay we have like a generator of waste which are us households um then we have like the custodians of the bins and the holder that collect everything and bring into the processors and then there recycling um and afterwards there's a

more steps to it and if we look at I mean it's a pretty interesting combination of things and in the beginning we will start with using existing technology or existing tokens such as USC but then we move forward to more propietary tokens and uh we have a twofold approach so on the one side we are um collecting and recording everything which is on the mass so really can of just the track and trace of the of the waste um and on the other side then we will do well select the tokenizing carbon credits and in interest of time I will skip a little bit if you look at the size of the

market I mean we see that the total um addressable Market is like something like like 500 billion and we only want to look into a very small portion of it which is something about 125 billion um which is kind of the urban or just the the local area market and even that kind of we are only looking into compost composting so organic waste and that's something about 6 and a half billion and our first project is in Brazil um where we are already tracking like 30 ,000 tons of waste organic waste we are working with some of the biggest composters

there and uh we're looking forward to sell our first tokens this year if you want to read more about us kind of there is on car Foundation you see on the website we have like the whole the whole ter um taxonomy and how we want to address actually it how we want to measure it and if you want to take something of this presentation then just kind of think that we want to digitally measure record and then as so we have like different layers we do on the really just the waste level so kind of on the

mass ID and then on the next level kind of we want to also have like the the carbon credits on top of that our mission is to increase recycling rate by 90% in the next years and we really hope that you will contribute to it and if you have any questions uh feel free to ask me afterwards thank you so much for your attention and with that I hope we're back in time