Blockchain-powered plastic waste collection

Empower is creating a global plastic recycling ecosystem driven by blockchain technology. The system is incentivising clean-up of plastic everywhere.

At a glance

  • System for exchanging plastic waste for tokens
  • Tokens awarded using blockchain
  • Successfully piloted in 10 countries

Status

Available
The solution is commercially available, but not necessarily immediately deliverable.

Plastic pollution is one of the world’s fastest growing environmental challenges. Every minute 15 metric tons of plastic reaches the ocean from land-based sources.

Plastic for tokens

Empower has devised a system which allows people to exchange plastic waste for tokens. The tokens can in turn be exchanged for money or used to pay for plastic clean-up in other locations.

The system lets anyone deliver plastic waste at certified recycling stations. Blockchain technology ensures that tokens for plastic are securely awarded and used. This allows people to collect plastic and save the planet while making money.

Empower is working to recruit sponsors who will commit to buy tokens/plastic waste at a set price, in order to fuel the exchange and implement the system.

Concrete benefits

The immediate benefit of Empower is to reduce plastic waste. An added benefit is to help to increase income for those in need of additional earnings. With the system fully developed, it could even provide IDs and bank accounts to the previously unbanked.

Market potential

More than USD 10 billion of bulk value plastic waste ends up in nature every year. Feeding plastic waste into the circular economy and creating recycled products, meanwhile, could have a potential value of USD 50 billion.

Empower’s system has been piloted in 10 countries. The company has already established permanent recycling stations and agreements in several countries as well.

Advancing the Sustainable Development Goals

Get in touch

Wilhelm Myrer
CEO
+47 986 66 491
Contact

Company info

Empower AS
Mostugutua 14, NO-2070 Råholt, Norway
Contact

At a glance

  • System for exchanging plastic waste for tokens
  • Tokens awarded using blockchain
  • Successfully piloted in 10 countries

Status

Available
The solution is commercially available, but not necessarily immediately deliverable.

Advancing the Sustainable Development Goals

Get in touch

Wilhelm Myrer
CEO
+47 986 66 491
Contact

Company info

Empower AS
Mostugutua 14, NO-2070 Råholt, Norway
Contact