bitcoin.info Manila Residents Paid in #Ethereum
For Cleaning Up #Philippines
’ Polluted Beaches
A decentralized application (dApp) based on the Ethereum (ETH) network will begin rewarding residents of Manila, the Philippines, with ETH for cleaning up a heavily polluted beach in the capital city of the nation.
Joseph Lubin, an Ethereum co-creator and the #CEO
of ConsenSys, the largest blockchain software development firm in the world, said: “In Manila, participants will be paid in ETH for spending a few hours cleaning up one of the most heavily polluted beaches in the world. Bounties Network and ConsenSys Impact are proving a new model where people fund causes directly without intermediaries.” Why the Philippines is a Great Place to Start
Bounty has been recognized as a viable application of blockchain technology because participants are compensated transparently using the public ledger of a blockchain network.
, a dApp on Ethereum, enables anyone on the platform to create bounties and reward participants with #ETH
, supporting various causes and initiatives.
Recently, ConsenSys Impact, a subsidiary of the New York-based ConsenSys, introduced a non-profit initiative called “Bounties for the Oceans: Philippines Pilot – Sustained, Verifiable Plastic Cleanups” to promote the usage of the blockchain in the country. “Plastic pollution costs the lives of 1 million seabirds and 100,000 marine mammals per year. Fish eat plastic, and we eat the fish. Plastic causes $8 billion in damage to marine ecosystems each year. With Bounties for the Ocean, we are asking people everywhere to submit verifiable proof of their direct plastic cleanup contribution as a way of fostering widespread and long-term behavioral shift. Do not depend on centralized organizations, go out there and do it yourselves,” the program read.
The initiative comes in a time during which the Philippines recently re-opened Boracay, a popular tourist destination in the country known for its crystal-clear seawater, acclaimed diving spots, and distinctive white sugary and powdery sand after the island suffered from heavy pollution.