PLASTIC FINANCE: Blockchain technology incentivizes households and MRFs to streamline recycling industry funding



Scavengers can offer better and standard prices for their waste and also have the assurance of being able to sell their waste. Meanwhile, MRF also benefits from the continuous supply of waste from the scavengers. The bond between the cooperative and the MRF is established through the cooperative’s ownership in the MRF.

Increase capacity by 3 tons/hour at the end of the yearQ1–2022 3.5 ton/hour MRF capacityQ2–2022 MRF capacity 10 tons/hour, CSR funds for replanting 432,000 teak trees currently12 Equivalent to 4,320 tons of CO2 absorption.Q3–2023 MRF — Capacity 30 tons per hourQ4–2023 40 tons per hour, CSR funds for replanting 1,728,000 trees currently12 Equal to 1,728-ton CO2 absorption.Q1–2024 50 tons per hour, CSR funds for replanting 2,160,000 trees1 Equal to 21,160 tonnes of CO2 absorption.