Generally, a bank application is used to carry out banking transactions such as checking and savings balances, money transfers, and others. However, what do you have in mind when a waste bank application pops up?

Actually, the purpose of these two applications is the same, namely to cultivate the habit of saving. However, the waste bank application is different from the bank application in general, where a bank deposits money. Waste Bank Application, on the other hand, deposits trash, and gives out money. In simpler terms, Bank your trash, get your cash.

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Waste Bank Apps

Customer Apps

Buyer Apps

Disruptive Technology

Before discussing the advantages of saving waste in the waste bank application, it is a good idea to get to know the working principles of the waste bank application. In the working system of a waste bank, there are 3 main parties in this ecosystem; namely the Customers, Waste Bank, and the Buyers.

Customers are the users of the app, who deposit and sells the waste to be managed at the Waste Bank.
A Waste Bank is a centre to receive and process the waste from the Customers, and sells the waste to the Buyers.
Then, Buyers are an individual or a company, proceeds to buy the waste from the Waste Bank.

How does it Work ?

A customer can search for the location of the nearest waste bank through the application and then carry the waste that has been sorted and selected to match the criteria set by the waste bank.

The waste bank determines the price of waste received based on the type or size. When a customer brings garbage, the garbage bank officer will weigh and judge it based on a predetermined price benchmark.

Finally, the waste bank application will record how much waste deposits the customer has made, of course, the nominal value (in rupiah). Apart from being recorded in the application, the waste bank puts up the optimum market price in the Buyers app based on the predetermined price benchmark for the collection of quality waste.