The plastic recycling industry in Accra - Ghana suffers from an antiquated reputation model and little use of helpful technology.
A marketplace with certified plastic recycling companies, financial guarantees via Plutus, and convenient technology for recycling process.
This is the total amount allocated to Cardano Care.
Cardano Care is a decentralized plastic waste trading platform and marketplace that will be built on the Cardano blockchain. It will allow households & institutions to find a suitable plastic recycling company to trade their recyclable plastic bottle waste in a timely and cost-effective manner. The marketplace will enable plastic recyclers to focus on the recycling process without having to engage in often questionable business-boosting practices; plastic wastes will flow to plastic recyclers for a small percentage of their recycling fee.
A Primer on Plastic Recycling
The process of recovering waste or scrap plastic and reprocessing the materials into functional and useful products is referred to as plastic recycling.
As said by Kevin Alexander Leon who is a United States Politician:
"Recycling more plastics can help local businesses and expand jobs while supporting the goals of sustainability."
Market Value
Households in Accra, Ghana generate all kinds of waste including food waste, plastic, paper, and metals among others. Plastic bottle waste constitutes 29% of waste per household. In addition, most (62%) households dispose of waste weekly with few (6%) doing the same monthly. On average, households spend $2 per week which sums up to $8 per month to dispose of waste. This is significant on household income because about 27,231 people live below the extreme poverty line of $129/year and 304,989 people live below the poverty incident of $211 of Accra's population (5,446,237) according to the Ghana Living Standard Survey, 2017.
Therefore, an incentive to earn from plastic waste would impact hugely on household income thus, allowing individual households to earn from the plastic waste they generate in Accra, Ghana.
Our market survey indicates that most plastic recycling companies in Accra and Ghana at large have indicated their dissatisfaction with how households handle plastic waste. Only a few (5.9%) of households practice waste separation.
Research has also shown that households & institutions in Accra have indicated their plight in the high cost of traveling to recycling firms in order of waste disposal and lack of education as well as bins for practicing waste separation.
Cardano Care Dapp would mitigate transport costs and provide separate bins for storing plastic bottle waste to enable the collection of plastic bottle waste in Ghana. About 94.1% of households are willing to segregate their waste and every household (100%) are willing to drop off plastic bottle waste for a cash incentive.
Recycling of plastic waste is essential for good climate conditions and here is why: https://www.wwf.org.au/news/blogs/plastic-waste-and-climate-change-whats-the-connection#gs.h3ibit
Click the link below to have a view of what motivates the Cardano Care initiative: https://youtu.be/GDFC1dTV7CQ
Relevant Use Case: https://www.linkedin.com/posts/world-economic-forum_indonesia-generates-6-million-tonnes-of-plastic-ugcPost-6859881682879746048-vL6O
Problems of the recycling systems vs Cardano Care solutions
#1 Problem: Waste Separation
Recycling companies incur extra costs to segregate waste collected by collectors from different environments as well as washing and cleaning plastic bottles before further processes.
Solution: Household and workplace waste separation exercise
Individual households & institutions will be motivated with extra waste bins and educated to practice waste separation right from their homes and workplaces.
#2 Problem: Lack of education
Just a few of the households & institutions have enough education about plastic waste recycling and the dangers of plastic bottles on the environment.
Solution: Educational outreach
Organize educational outreach for the populace of Accra to educate them on the need for waste recycling in modern times.
#3 Problem: Uncomfortable adoption
Citizens, institutions and recycling companies who are stakeholders have problems adopting blockchain. Meanwhile, blockchain is nothing bad!
Solution: Smart contracts
#4 Problem: Digital Identification
Certified plastic recycling companies, individual households and institutions have no digital identities on the blockchain.
Solution: Atala PRISM
Purpose of the project
Cardano Care project seeks to serve the following purposes;
Core Team
Wada
https://wadalliance.org/about-us/
Roadmap
1 - 3 Months Post Funding:
3 - 6 Months Post Funding:
6 - 9 Months:
9 - 12 Months: Fund7 Grant Exhausted
12 - 15 Months Post Funding:
15 - 18 Months
Key Performance Indicators
Budget Breakdown
Total $88,144.56 broken down:
Project sustainability
Once developed, Cardano Care will generate income by charging a small, one-digit percent fee on every plastic waste trade that happens through the platform. By then, the project will no longer need funding through Catalyst or other means, and it will be sustainable for the long term.
SDG goals:
Goal 1: End poverty in all its forms everywhere
***Goal 8.4.:***Improve progressively, through 2030, global resource efficiency in consumption and production and endeavor to decouple economic growth from environmental degradation, in accordance with the 10-year Framework of Programs on Sustainable Consumption and Production, with Developed countries taking the lead.
Goal 13: Take urgent action to combat climate change and its impacts
Goal 14.1.: By 2025, prevent and significantly reduce marine pollution of all kinds, in particular from land-based activities, including marine debris and nutrient pollution.
SDG sub goals:
Connect with the Cardano Care Team on Discord: https://discord.gg/TVw4QXdVaT
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Wada: Skilled team of Cardano Community practitioners, entrepreneurs and developers located in hubs across Africa and the diaspora.