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ZeLoop

A reward-based mobile application to motivate and guide consumers on waste collection

February 2021

ZeLoop

A reward-based mobile application to motivate and guide consumers on waste collection

  • World Alliance Member
  • Featured Solution
  • Labelled Solution
Label Date February 3, 2021
From United Arab Emirates
Maturity stage TRL 9 / CRI 2 - Commercial Trial Small Scale

ZeLoop provides is a new platform engaging consumers in the circular economy and contributing to the reduction of plastic waste that litters our planet. The Solution is composed of a mobile phone application, ZeLoop, that will reward consumers for collecting plastic bottles. It is designed to provide interaction between consumers and stakeholders of the plastic bottle circular economy; municipalities retailers to beverage bottle producers. The application is built on a blockchain-powered reward engine that serves as a platform where other eco-friendly applications rewarding citizens can be connected in a suite of solutions for sustainability and environment protection.

The Environmental Benefits

  • Based on a 5 years conservative ramp up, ZeLoop is estimated to prevent more than 230 million bottles from ending in nature, not generating micro-particles and toxins harmful for animal and human health.
  • One can estimate a saving of about 60g to 200g of CO2 per bottle that is collected and used to make a new bottle
  • That is between 14 200 to 47 500 tons of CO2 saved by recycling the material collected into new bottles
  • It is a vector for educating consumers, helping to reduce littering in general.

The Financial Benefits

  • The solution allows to cut 50% of the cost of making a new bottle by sourcing PET and increase its availability reducing risk of paying penalties by producers under new regulations
  • Reaching target collection rate will prevent producers from paying penalties for not complying with European Single-use plastic directive targets
  • Possibility to create consumer engagement program to increase collection rate using bins 80% cheaper

Target client profile

Applications

Benefits

Activity Region

  • Headquarters
  • Activity

Company Profile

SmartBlock Beverages FZ LLC

Developing blockchain solutions for a better world

Headquarters RX29+F7 Ras Al-Khaimah - Ras al Khaimah - United Arab Emirates
Type Startup or self-employed
View company profile Solution website

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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator SmartBlock Beverages FZ LLC has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.