How tokens and Blockchain can catalyze Sustainability and Circular Economy- First Pillar

By MikeZillo | Blockchain Insights | 13 Jul 2023


The recent 26th may I held a Congress in Bologna where I was both the Scientific Director and the Moderator.
The congress has been organized from:

LightSky Consulting as Main Sponsor
Ailanto as Main Sponsor
Decentra as Scientific Committee (where I am part of the Scientific Board).

Decentra is a no-profit association that aims to spread knowledge about cryptocurrencies and DLTs in Italy. Ailanto is a spin-off company bornt to manage projects and other activities.

This was the opening statement from Giampaolo Amadori, Senior Advisor in Bi-Rex the big corporation that hosted us in Bologna.

Source: picture from the Congress. Me and Giampaolo in front of the audience to have the opening speeches.

After Giampaolo's speech, I had an opening speech as well, even if no pictures of it were taken :D

The theme of this Congress were Circular Economy and Sustainability with a main focus on how Cryptocurrencies and Blockchain can enhance these aspects into the companies and industrial environment.

The approach to the theme, quite wide, complex and often with no practical applications, has been issued according to the 5 different pillars of the Circular Economy:

  1. The use of Renewable Resources
  2. Extension of the life-cycle
  3. Sharing Platforms
  4. Recovery and Recycle
  5. Products as a Service

The theme of the first pillar has been carried out by the manager of Hera, a big Corporation based in Bologna covering more than 1000 different villages/cities for waste collection, electricity and water supply. He spoke about the beta-creation of a wallet that monitored the activity of all citizens using the App and according to their meritocracy, some of them could collect tokens that were corresponding to discounts on the utility Bill.

The metaphor he used to explain this behavioural analysis was the Gentle Push, that was stated by Richard H. Thaler

The chart here below mentions the Person --> a Responsible Behaviour --> Getting tokens as a reward

These are the Use cases of the Blockchain into Energy Sector


Source: https://appinventiv.com/blog/blockchain-in-energy-sector/
With the attached benefits of using it

https://appinventiv.com/blog/blockchain-in-energy-sector/
Maurizio Fiumi, the speaker of this Pillar made great exemplifications through these charts on how Blockchain can enhance the Electricity Market.

See you soon with the Second Pillar, the Extension of the life-cycle

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MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Blockchain Insights
Blockchain Insights

Working as a consultant for Blockchain projects, an operative experience comes by itself. In this Blog I am share Blockchain applications, pros and cons, practical use cases I got in touch with. Of course, a good understanding of the topic will be provided with dedicated contents

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