Service: Ecocoin: encouraging virtuous behavior

Responsible organisation: Affidaty (Private sector)

EcoCoin was created to give concrete value to actions such as recycling, use of zero-emission vehicles or any other sustainable behavior and to favor the logic of the circular economy. On one hand onnect man and machine using the latest generation interconnected sensors (IoT); on the other hand , the use of blockchain guarantees the immutability of the data, the measurement of sustainable action and therefore the generation of the value attributed to it. The process is the result of a simple sequence of actions: the citizen creates his own profile with an associated wallet, then interfaces with the municipal waste collector and enters the waste to be recycled. At that point the collector measures the amount of waste and generates EcoCoin , which the citizen will spend in the affiliated circuits within the Municipality.

Additional information

Source Open Innovation Regione Lombardia
Web site https://www.blockchain4innovation.it/tecnologie/premi-in-ecocoin-per-chi-ricicla-blockchain-e-iot-incentivano-i-comportamenti-virtuosi/
Start/end date 2021 -
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