Introduction
Last updated
Last updated
Coin is a cryptocurrency developed to increase responsibility and sustainability in terms of environmental, social, and governance, which are currently important issues worldwide. The coin has built a system that promotes and rewards carbon neutrality and recycling using blockchain technology.
The purpose of ESC Coin is to solve environmental problems, use eco-friendly methods in distribution, and trading to fulfill social responsibility, and to reward these efforts to encourage more people to be interested in and actively involved in environmental issues.
The value of the ESC coin lies in the mechanism to solve many problems arising from the carbon neutral recycling resource circulation business. These mechanisms are as follows. First, in the process of collecting and compensating circular resources, unused resources are recovered and compensated to users who use them. In this process, more people use circular resources and help spread the recycling culture. In the recovery/transport phase, high-quality circulating resources are recovered and transported to recycling companies. This process reduces carbon emissions from transportation and uses eco-friendly methods to deal with them. In addition, during its own factory transport phase, recycled resources are processed and sold to businesses. In this process, carbon emissions are reduced and eco-friendly methods are used. Finally, in the new resource creation phase, we produce eco-friendly recycled products.
Based on the above mechanism, ESC Coin provides coins to users by applying a compensation method. Coins are paid in a number of ways, including circular resource compensation and recovery/transport compensation, self-factory transport compensation, and new resource creation compensation. The reward is intended to encourage ESC Coin users to engage actively in responsibility and sustainability related to environmental issues. In addition, ESC coins use eco-friendly methods in the process of trading, allowing users to increase their responsibility to protect the environment and engage in more sustainable economic activities. The ESC coin is expected to play an important role in terms of environmental protection and increasing sustainability. If the coin is successfully utilized, it is expected that many people will be more interested in environmental issues and participate actively. This will enable active action for a sustainable future, and will enable us all to create a better environment.
ESC Coin's goal is to protect the environment and achieve sustainable development. To this end, ESC Coin reduces carbon emissions in a number of ways, and promotes resource recovery and recycling. For example, ESC Coin could reduce carbon dioxide emissions by about 3,200tons by installing a PET bottle resource collector to recycle 30 million PET bottles. Furthermore, UL's full-course evaluation demonstrates that recycling waste plastics can reduce carbon emissions by about 85% or more compared to normal plastic production.
These efforts are critical to achieving sustainable development. ESC Coin aims to more actively promote resource recovery and recycling and reduce carbon emissions by establishing a system that compensates for this using blockchain technology. At the same time, ESC Coin operates an unmanned collection machine to more efficiently separate garbage and collect resources. The goal of ESC Coin is to protect the environment and strive for sustainable development, which requires various efforts and cooperation. Through this collaboration, ESC Coin will launch a global campaign for environmental protection and sustainable development, and continue to drive efforts for a healthier and more sustainable future