GenexChain is an innovative digital platform that leverages blockchain technology and smart contracts to revolutionize waste management systems. The platform aims to create transparent, traceable, and incentivized waste collection and recycling processes by recording waste transactions on a secure, decentralized ledger.
Project Objectives:
- Improve transparency in waste collection and processing.
- Ensure accountability among waste collectors, transporters, and recyclers.
- Automate reward mechanisms through smart contracts based on waste type, quantity, and recycling compliance.
- Curb illegal dumping of waste by tracking from source to recycling/disposal using tamper-proof blockchain records.
Key Features:
- Smart Contracts: Automatically reward verified waste contributions with digital tokens based on weight, type, and source.
- User Profiles: For households, waste pickers, recyclers, and municipal agencies.
- Digital Wallets: Users earn tokens for verified waste collection which can be redeemed for goods, services, or bill payments.
- Waste Traceability: QR codes tags are used to track waste bags and bins across the supply chain.
- Mobile App Integration: Users can track their contributions, wallet balance, and transaction history in real-time.