TradeChain Platform - Fostering the Circular Economy - Applied to Waste Management

"TradeChain Platform" developed by maat Group brings together these two technologies to offer an end-to-end support to Waste Management.

TradeChain fow Waste Management is based on the weight of waste, users have to pay for the use of services according to the amount of waste they produce.

Payments are made using a customized cryptocurrency regulated by Smart Contracts and all TradeChain can be financed by a DAO through a fully automated and highly secure process.

A DAO, like any other organization in the real world, has members with the capacity to raise funds and propose different types of proposals. Only proposals can be executed if they are approved by a majority. The proposals can be oriented to anything from the transfer of funds to the execution of other Smart Contracts.

In short, a DAO is a collection of Smart Contracts capable of representing an organization in BlockChain, automating the decision making process and the governance of the organization.

maat Group´s BlockChain Infrastructure considers DAOs as a "waste management organization".  A proposal for the transfer of funds to a SGB factory account for the purchase of SGB is passed using the consensus of the members

TradeChain is also based on IoT. BlockChain and Internet of Things (IoT), are two of the most popular and powerful emerging technologies currently and the most suitable to solve the problem arising from Waste Management.


IoT - Internet of things

Many of today’s infrastructure was designed and built in an analog era and built before it was possible to integrate sensors or to build better, more cost-effective energy, water, logistics or transport infrastructure and  much before cars might talk to the road, or drive on their own  Today everything that can be connected will be connected, as an ‘Internet of Things’ (IoT)

IoT is an interconnection of devices that has the ability to detect, measure and process the status of environmental indicators, as well as of themselves, and act on the basis of the information provided.

It´s imperative to offer answers to the concept of INFRASTRUCTURE 4.0 and to support the design, construct and operate situations in which it is essential to acquire information derived from the objects with which people interact

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