The newly founded association BIOTA supports distributed ledger technology to protect the environment and the climate. Much can be done with these technologies, which used to be unimaginable. Now they can help solve global problems.
The association BIOTA e.V. promotes the application of new technologies, in particular the Distributed Ledger Technology of the IOTA Foundation, which contributes to the protection of the environment and the climate by:
If you want to support the association BIOTA e.V. and the Deposy project, then become a sponsoring member of the association.
Currently, the main project of the association is called ‘Deposy’, which stands for ‘deposit system’. Deposy wants to preserve pure plastic waste through a self-developed deposit system on the one hand and give people an incentive to collect and sort plastic waste on the other hand. In this way this system can theoretically contribute to less plastic waste in the environment and to a higher recycling rate and thus to the reuse of plastic. Ideally, the result would be significant CO2 savings, a reduction in microplastics in rivers, lakes and oceans and, through certain incentives, an additional source of income for the population.
The developed system is based on the fully suitable properties of IOTA (What is IOTA?) – a distributed ledger technology. IOTA is a rather young cryptocurrency, which enables a fast, secure and free transfer of data and finances. A conventional system, which would be handled by banks, would not meet the requirements of the system. The basic prerequisites for a successful implementation are scalability without exponentially increasing costs, transparency of the system and decentralized, secure process control.