World Environment Day on June 5 invites us to explore these new ways of thinking by encouraging worldwide awareness and taking action to protect our environment. Empowering waste reclaimers through blockchain technologyWaste reclaimers who collect packaging waste perform one of the toughest, yet most important jobs in the circular economy and up until now, they have remained mostly invisible and unbanked. Waste reclaimers earn a living by collecting packaging waste, many of whom are unable to find work or formal employment. The innovative technology is fully integrated with mobile money applications so waste reclaimers can store their earnings in secure e-wallets, withdraw cash from ATMs and make cashless transactions. Since February, the system has registered over 600 waste pickers and recorded over 12 000 transactions, totalling over 1 000 000 kg of recyclables.

Source: News 24 June 03, 2021 19:30 UTC