Companies around the world are currently researching approaches to optimize their systems using cryptocurrencies and blockchain technology. One of the most outdated is according to the latest IOTA blog post the waste system. By using IOTA and the Tangle, sustainable and cost-saving systems are to be made possible, for example based on the so-called Lidbot.
Cities struggle with efficient waste management
The currently prevailing throw-away society poses a growing problem: waste. For cities and building managers, more waste means more work and ultimately higher costs. Having no information about the level of the containers makes it difficult to optimize the prevailing systems. Some waste containers are partially empty, others overflow.
This is exactly where the so-called Lidbot comes into play. The small and smart sensor, packed in a stylish housing, measures the fill level of waste containers in real time and turns normal waste containers into smart waste containers. The data are recorded at a certain interval and can then be analyzed in detail.
IOTA particularly attractive due to free transactions
As soon as a container is full, the Lidbot sends real-time notifications to the collection services. Information is securely stored on the IOTA tangle. A web-based platform enables the analysis and organization of the data.
The founders decided to work with IOTA because of the free transactions, flexibility and scalability. Above all, transactions without fees should save a lot of money for cities and companies if the lidbot is widely used, especially considering the currently paid fees for Ethereum transactions.
According to the blog post, the rush to the device was said to be extremely high. All sensors were sold out within just 4 days. We have summarized the advantages of the Lidbot for you:
- Reduces waste management costs by up to 50%
- Space-saving and applicable everywhere
- Clean environment through predictable and targeted waste disposal
- Efficient disposal using real-time data on the level of the waste containers
- Battery powered
- Shelf life of several years
The first applications of IOTA are already being tested in agriculture. The State Office of Hesse Agriculture (LLH) has been working with IOTA and peerOS on the optimization of irrigation systems since the beginning of May:
Markus from Kryptokumpel.de
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