IOT enabled Decentralized Waste Management using IOTA.
Abstract
IOT is a very powerful tool, but on it’s own
its applications are very restricted.
Connecting different IOT enabled devices
using next generation blockchains like
Tangle. Currently numerous dustbins
across cities lie unused or not used in an
efficient manner. Our product connects
each of them enabling an entire ecosystem
of dustbins where they can efficiently
manage waste, identify users and reward
them, earn, do transactions, etc.
Blockchain + IOT = IOTA
Introduction
Why using Dustbin?
If an object like dustbin which isn’t associated
to technology can utilize this model flawlessly
then the scope of other smart devices using this
model is beyond imagination.
Why using IOTA(Tangle)?
As the Internet-of-Things keep expanding, the need for interoperability and sharing of resources
become a necessity. IOTA enables companies to explore new business-2-business models by making
every technological resource a potential service to be traded on an open market in real time, with no
fees. In this new autonomous Machine Economy IOTA will be the backbone. The Tangle ledger is able to
settle transactions with zero fees so devices can trade exact amounts of resources on-demand, as well
as store data from sensors and data loggers securely and verified on the ledger.
Proposed System:
- Users register on the website/app.
- They are shown their profile along with the nearest dustbins.
- The dustbin detects every time they dispose waste in it.
- Points are added into their account which they can later redeem for coupons.
- Dustbin can analyze data and rent or buy other dustbins securely using IOTA for itself.
- Dustbin sends a request to empty itself once it passes a certain threshold.
- Dustbin earns points every time it is emptied which it can use to buy/rent other dustbins.
- Users can set up their own dustbins.
Tech Stack
- NodeJs
- OpenCV
- IOTA