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.