The Robust Application of Ethereum DAO in Waste Management

Introduction

To adequately understand the application of Ethereum DAO in waste management, an examination of the basic concepts becomes necessary. One such concept is Ethereum. Ethereum refers to a decentralized platform on the blockchain technology that allows developers to build and deploy decentralized applications (dApps). Ethereum runs smart contracts and these smart contracts are applications which run exactly as they are programmed. As such, they eliminate the possibility of third-party interference, censorship, downtime, and fraud.

According to Vitalik Buterin, the co-founder of Ethereum, the Ethereum dream began from the imagination of a platform that transcends just the financial use cases that are allowed by Bitcoin. Buterin has expressed hope that Ethereum will become the solution for all the use cases of blockchain that do not have a specialized system to aid their operations.
Since its inception, it has gone ahead to experience rapid growth and has also enjoyed rapid adoption by a lot of developers. Several companies are also contributing directly or indirectly to the adoption of Ethereum. For instance, JP Morgan and Microsoft are reportedly some of the organizations that have committed to support Ethereum development through the establishment of the Enterprise Ethereum Alliance. This alliance has the sole purpose of ensuring that the potential of Ethereum is realized across all industries.

Ethereum has contributed to the development of advanced solutions across several industries and the waste management industry is not left out. Waste management refers to all actions and activities involved in dealing with waste right from the production of the waste to its final disposal. That would include, waste collection, transportation, treatment, disposal, and even recycling.

Among other things, waste is managed so as to reduce the adverse effects of improper waste management on health and the environment. However, there is an inadequacy in the current waste management systems. Problems such as lack of proper collection mechanisms, disposal methods, and even lack of in-depth knowledge by the individuals about the environment have all contributed to the inadequacy of the current system. There is, therefore, a need to adopt a system that can foster proper waste management globally. It is in this sense that the application of Ethereum DAO in the waste management system becomes highly relevant.

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