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Plastic bank is a social enterprise committed to stopping ocean plastic while providing opportunities for brands to have environmental social impact.
The plastic bank. At exchange banks collectors can choose items such as sustainable cooking fuels 3d printed products access to wifi and solar power to charge their mobile phones. Plastic bank builds ethical recycling ecosystems in coastal communities and reprocesses the materials for reintroduction into the global manufacturing supply chain. The company is hoping to expand to indonesia ethiopia and india.
Plastic collected through the plastic bank is recycled and sold at a premium as social plastic. Plastic bank developed a security rich scalable reward system a blockchain banking platform that runs on the ibm cloud. A new platform for the indigent using blockchain technology a plastic offset program an audience with the vatican.
Social plastic is the valuable recycled plastic that collectors crush into pellets. The plastic bank continues on its quest to create a currency for the. Plastic bank has the vision to set up recycling systems in economically disadvantaged parts of the world that would enable local citizens to monetize plastic pollution.
The plastic bank also provides the ability for local entrepreneurs to set up and operate a convenience store for the poor in which plastic waste is the currency. Plastic bank which tallies her deposits and sends her texts updating her balance my salary is not enough says the 60 year old speaking cheerfully about the extra 100 000 rupiah about 7. The plastic bank has programs in haiti the philippines and brazil.
The plastic bank also gives locals access to 3d printers and plastic extruders to help them create useful things like water filters and wrenches and become micro entrepreneurs.
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