BitEgreen Market Promo Video

BitEgreen Market Inc.’s circular economy technological application, seeks to facilitate companies and individuals in reducing wastage through the diversion or utilization of waste or potential waste resources, preserving energy and improving sustainable livelihoods.

Users of our web platform and app can improve production processes and/or reduce wastage. They can also verify health related actions; any other sustainable action; set thresholds for use of natural resources; and return any legally obtained waste resource (e.g. bottles, cardboard boxes, food waste, buttons, carnival costumes, construction materials, etc.) for verification, at an approved validator for BitEgreen Notes which is our digital currency.

This ecosystem allows persons with waste materials to identify manufacturers/sorters/artists interested in their resources hassle-free from the comfort of any place of their choosing through the application. The transaction is verified and BitEgreen Notes awarded to persons for supplying or returning the waste.

This digital currency can be used for gamification and to purchase general products and other recyclable materials listed in our marketplace – whether online, in person or in-store.

Key causes and effects:

• Recycling is less energy-demanding than producing new material and helps to reduce emissions; in addition to sparing forest and reducing further biodiversity loss; preventing flooding due to blockages in drainage systems; and reducing places for vector mosquitoes to thrive in stagnant water.

• Preventing food waste can also be actions to reduce hunger, save energy and reduce production of leachate and greenhouse gases–especially methane (𝐶𝐻₄) which is a more potent greenhouse gas than 𝐶𝑂₂. Methane, can then be captured and used as a renewable energy source (i.e. biogas) or be released into the atmosphere, where methane acts as a potent greenhouse gas. Biogas contains methane (𝐶𝐻₄) and carbon dioxide (𝐶𝑂₂), and its combustion releases these gases. The widespread use of natural gas, while it may produce lower emissions compared to coal or oil, still contributes significantly to cumulative carbon dioxide emissions globally. Thus, while natural gas is often seen as a transitional fuel to renewables, its role in increasing carbon dioxide levels cannot be overlooked.

• Improving carbon sequestration in soils through facilitating production and use of organic fertilizers from organic waste, while preventing nutrient pollution and loss of biodiversity in water bodies. It is worth noting that while organic fertilizers can reduce emissions from nitrous oxide-N₂O (i.e. another potent greenhouse gas) compared to synthetic fertilizers by altering soil microbial communities, their effectiveness depends heavily on the soil environment and management. Vertical farming significantly reduces nitrous oxide (N₂O) emissions compared to traditional agriculture but is energy-intensive and often limited to growing certain types of plants, making them unsuitable for crops like root vegetables or grains.

• Reducing misuse or wastage of product resources via incentivizing and enhancing best practices and analysing data can combat energy wastage, wastage of potable water and food, and susceptibility to antimicrobial resistance (AMR) and other health concerns.