IBM block chain extended to limit the global phenomenon of plastic waste litter


nnThe Plastic Bank’s launch of the Plastic Waste Collection project aims to provide plastic waste collection services to developing countries that lack or lack waste treatment systems. But because the project is designed to give people who bring plastic waste to pay a certain amount, and there are many places in the world there is a lack of banking services and can not open a bank account, as well as rampant corruption, which is paid for the payment Has brought a very difficult problem. And recently, the project has been supported by the IBM block chain, the chain of chains provided by the trust structure is a good solution to this problem.n
nTranslation: Clovern
A large-scale project aimed at providing plastic waste recycling for developing countries that lack or lack waste treatment systems is supported by the IBM block chain. However, this is only part of the fact that the recycling project is also designed to bring some compensation to those who bring plastic waste, and there are many places in the world there is a lack of banking services and can not open a bank account, and rampant corruption, This brings a very difficult problem. So, the block chain just to be able to solve this problem.n
Shaun Frankson, co-founder of The Plastic Bank, said:n
n”We will be docked with people who do not have a bank account, so that they can finally save and earn money through recycling, and participation in recycling is an opportunity for everyone to be equal.”n
nFrankson (pictured left) visited Silicon State’s mobile live room, and spoke with partner John Furrier (@furrier) and Stu Miniman (@stu) during the Open Source Summit in Los Angeles, California. His project was attended by Alan Dickinson (pictured right), Project Leader for IBM Block Chain Platform. During the program, they explored the plastic bank’s reward model, the block-chain technology behind it, and the way the trust drives the global approach (* disclosed below).n
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Digital tokens replace cashn
Plastic Bank was established in 2013, using a chain-based chain of reward system to recycle plastic, and through the system to issue digital tokens to replace the use of cash. These tokens can then be used in stores that use nonprofit applications for necessities such as food, mobile credit, or water to convert tokens into mobile payments.n
Frankson said:n
n”This is a system designed to run unimpeded on a global scale”n
nThe underlying technologies that support the Plastics Bank plan include the IBM block chain, the Hyperledger Fabric, and the IBM LinuxONE server. Recently, IBM announced the launch of a new generation of LinuxONE mainframe, which includes a security service container (Secured Service Container) security features, can automatically run the process of data encryption. This provides an additional layer of security for the block chain transaction.n
Dickinson explained:n
n”This secure container technology can be used for any Linux application that you run, and if the certificate is affected, it will protect it from malware and internal damage.”n
nIBM’s block-chain model matches the plastic bank project, which provides a trust structure for transactions involving multiple parties, such as those involved in recycling, store owners, and plastic banks themselves. The platform is intended for groups that want to exchange value, and the platform updates do not need to be removed from the entire block chain system.n
Dickinson said:n
n”The unique part of the IBM block chain approach is the governance tool we created.”n
nBuilding this level of trust will allow Plastic Bank to move towards its goal of serving 20-30 different countries. Frankson concludes:n
n”For us, trust is the most important block block is a trust stamp; IBM is a trust stamp; LinuxONE is also a trust stamp.”n

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