Our solution aims to reduce plastic pollution and its impact on the environment
and climate. By collecting and recycling plastic waste, we are able to save 750
tons of CO2 per month, contributing to a cleaner and more sustainable planet.
Our solution also has a signiicant economic impact, as TrashCoin creates
employment opportunities in Nigeria and raises the quality of life for its citizens. We aim to help factories that process plastics by acquiring locally cheaper raw materials, leading to lower prices for finished products and providing a boost to the masses. In the future, we plan to support the pyrolysis of waste plastics, generating our own fuel and creating more job opportunities at the pyrolysis plant. This will help subsidize fuel prices for residents by using locally-made fuel
instead of importing it.
TRASHCOIN UG is a holding company based in Germany that owns the digital
technology used by its Nigerian subsidiary, TRASHCOIN Limited, for digitizing the waste collection process in Nigeria. This technology aims to streamline the waste collection process, making it more efficient and environmentally friendly. The technology has the potential to transform the way waste is collected, managed, and recycled in Nigeria and other parts of the world.
In addition to digitizing the waste collection process, TRASHCOIN UG is also responsible for finding business partners in Germany and across Europe to buy the collected and processed waste. This will create a market for waste products that are typically discarded, and promote recycling and environmental
sustainability.
TRASHCOIN UG’s digital technology is currently being tested with the German plastic deposit refund system operators, with the aim of replacing the paper vouchers that are currently being used. The digital technology will allow for a more efficient and streamlined refund process, reducing waste and making recycling more accessible and convenient for consumers. This could have
significant implications for waste management and recycling efforts in Germany
and beyond.