BEE2WasteCrypto
This project is intended to develop a new and innovative IT tool that may contribute to empower Regional Waste Management Utilities (RWMU) in their dual role of designers and managers of decentralized and customized solutions and as promoters of new citizen behavior in terms of waste generation and handling. The Bee2WasteCrypto project will focus on data science and Blockchain technologies to maximize value and contribute to a sustainable waste management strategy at a local level, with a global scope.
Keywords: Waste · PAYT · Blockchain · SmartCities · IOT · Industry 4.0 · Artificial Intelligence
Leading company in Portugal
FUTURE COMPTA
BEE2WasteCrypto, contributing to a sustainable waste management strategy
The RWMUs will choose the best set of technologies to help in their operation, namely in terms of the quality and quantity of waste generated and materials to be produced from waste processing, under environmental and economic criteria. This IT tool will facilitate Pay As You Throw (PAYT) schemes, by using blockchain technologies to produce liable information and establish recycling rate credits based on the performance of each RWMU in the national recycling scenario (an analogue of carbon credits in the energy sector).
What to expect
In short, the Bee2WasteCrypto Consortium will focus on data science to deliver the best combination of technologies that maximizes value and contributes to a sustainable waste management strategy at a local level with a global scope.
Meet the partners
Promoter:
FUTURE COMPTA – Paulo Fernandes
Industrial Co-Promoter:
3 DRIVERS – António Lorena
Academic Co-promoters:
Nova IMS – Miguel de Castro Neto
Instituto Superior Técnico – Paulo Ferrão
CMU:
Civil and Environmental Engineering – Mitch Small
Goals
- Provide the RWMUs with the capacity to design the best set of technologies to be used in the context of their operation, namely in terms of the quality and quantity of waste generated and also of the materials to be produced from waste processing, under environmental and economic criteria;
- Develop an IT system to facilitate Pay As You Throw (PAYT) schemes together with blockchain technologies to produce credible information. This might allow establishing recycling rate credits based on the performance of each RWMU about national recycling rate targets for each material stream (an analog of carbon credits in the energy sector) and the subsequent purchase of credits from low to high performers making use of recycling rate credits;
- Create a Token, eventually based on a cryptocurrency, intended to make use of Blockchain technologies that remunerate individual sustainable behavior in returning waste for recycling or reuse and promote pay as you throw solutions.
