
Blockchain Solution for Recycling Used Pens at Educational Universities
Uncover how a team from IIT Delhi is tackling the issue of plastic pen waste in educational institutions across India. By implementing a blockchain-based platform, they aim to incentivize recycling efforts and reduce environmental impact. Explore their innovative approach to pen marketing and recycling, team composition, chosen track, problem statement, proposed solutions, and more.
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Presentation Transcript
DIGITAL INDIA ALT HACK (IIT DELHI) PenM Team Name: <Sujit>
Overview # Topic Slide No. 1 Idea Introduction 6 2 Problem Statement 7 3 Process Overview 13
Team Composition # Team member College Specialization Role 1 Sujit Behera IITD Textile Team Leader, Contributor 2 Partha Sarathi Ojha IITD ECE Advisor, Contributor 3 Akshay Sethi IITD IT Full Stack developer, Contributor
Chosen Track Polkadot Track
Idea Introduction Pen Marketing (Recycling used / damaged pens)
Problem statement In all educational universities across India, students use multiple pens. Hardly anyone uses it to its maximum potential. The usage timeline spans from 1 week to 1 year. Though small, it is primarily nonbiodegradable and contributes to carbon footprint.
Problem statement Around 1,600 to 2,400 million pieces of plastic pens are brought to the market every year in the country and 91 per cent of plastic waste generated through plastic pens is not recycled. The unchecked use of plastic pens having adverse impact on the environment. According to the Bench, Even though pen is not specifically mentioned under the rules, the same is certainly covered by definition of plastic under Rule 3 (o) of the Plastic Waste Management Rule, 2016. Thus, pen is also covered by the statutory framework. https://www.thehitavada.com/Encyc/2021/1/17/Plastic-pens-should-be-considered- under-Plastic-Waste-Management-Rules-NGT.html Chairman of Flair, Mr. KJ Rathod said, the unit once fully operational will produce daily 50 lakh pens. https://www.deshgujarat.com/2018/06/23/gujarat-cm-inaugurates-flair-unit-for-reynolds- pen-manufacturing-in-valsad/
Why Blockchain It s an excellent platform to incentivize the ones who want to participate in building a recycling ecosystem with tokens.
Major Players Terracycle(UK) Pen 3R (INDIAN NGO) PENPAL (INDIAN NGO)
Proposed solution The user has to deposit his damaged or used pens to a local representative, from where they will be shifted to a recycling plant. Pen parts: plastic/metal body, spring, nib, rubber grip, ink Plastic, rubber, and metal will be segregated using chemicals and state-of-the-art technology. Plastic manufacturing firms can purchase the mold thus obtained.
Proposed solution 0.01 tokens for full 25gm of writing material collected. Average plastic pen weight : 10gm to 15gm Metal pens : 30gm to 45gm At the end of the month, the recycling unit will be given all the pens collected per kg basis.
Economics of your solution Expenditure: Weighing machine mechanism Salary of pen collectors Tokens Income: From recycling firms
Economics of your solution Pen uses Type 2 plastic which costs 28 Rs /kg. Average 1 token price = Rs 24/- Cost for average 1kg(1050 gm or 70 pens) plastic pen which can be cost as Rs 29.4/- Costing of 1 pen according to the price of 1 kg pen is Rs 0.42 /- When the user disposes the 1 pen, the user gets 50 points in the application which is equal to the 0.01 token. The price of 0.01 token is Rs 0.24/- If the user is disposing of 100 pen, he will get 1 token which is equal to Rs 24/- After this process, the company will dispose of the 100 pens and generate an income of Rs42/-. Profit generated = 42-24 = Rs 18 /- If generate 1 million customers, we can be able to generate a profit of 18 million rupees. Company evaluation from the 1 million customers will be 42 million rupees
Process Overview Door to Door periodically Delivery to Recycling firm Platform for PenM collection Third party collaboration
Milestones Template Team Name Sujit Project Title PenM Members 1 Sujit Behera 2 Partha Sarathi Ojha 3 Akshay Sethi
Milestones Template Milestone Start Date End Date Duration Remarks High Level Design (HLD) High-level design (HLD) should explain the architecture that would be used to develop the system. The architecture diagram should provide an overview of the entire system, identifying the main components that would be developed for the product and their interfaces. Low Level Design (LLD) The Low-level Design (LLD) should illustrate the low-level logical design of your system. Frontend: The UI architecture Page flow Frontend Framework (Angular, React, Vue, etc.) CSS Framework (Bootstrap, Foundation, Tailwind, etc.) Backend: Smart Contracts that you are going to develop along with their purpose Every function in the contract and what it does
Milestones Template Milestone Start Date End Date Duration Remarks Development Frontend Development Development of your frontend application Backend Development Development of the smart contracts for your application Testing Frontend UI Testing of the frontend web application Backend Unit testing of the smart contract functionality Deployment Frontend Deployment of the frontend web application on web server Backend Deployment of the smart contracts on the testnets
Milestones Template Milestone Start Date End Date Duration Remarks Integration Testing Testing to ensure that the frontend and the backend work together without issues UAT User Acceptance Testing Final Deployment Deployment of the final application (web server for frontend, and mainnet for the smart contracts
Solution Impact Impact nature Impact description Impact on income Describe the impact on the income of the target segment Impact on living standard Describe the impact on the living standard of the target segment Impact on sustainability Describe the impact on the environment sustainability Any other impact Describe any other impact on the target segment (Other than the above)
Summary The idea is feasible as we have required lab chemicals to dissolve entire plastic lots.
THANK YOU SUJEET KUMAR ssujit2006@gmail.com