One garbage truck full of plastic enters the ocean every minute. Even though the material can seem like a facilitator and even an improvement in our daily lives, it is convenient to throw it away without a second thought – and the environment is suffering because of it. Estimations say that by 2050, there will be more plastic than fish in the ocean.
Today, we have an inspiring conversation with David Katz, a compassionate entrepreneur and the Founder and CEO of Plastic Bank. Recognized globally for his humanitarian work, David has pioneered Social Recycling, turning plastic waste into a currency that transcends poverty and safeguards the planet.
Plastic Bank is a social enterprise that empowers a global network of over 500 collection communities, exchanging plastic waste as currency for income and life-improving benefits. Its proprietary blockchain-secured platform ensures traceable collection, secured income, and verified reporting, creating a remarkable structure that is changing the lives of hundreds of families worldwide.
David tells us the amazing origin story of the company, how its unique exchange system works, and the pivotal role of blockchain technology in its mission. He also shares his knowledge on the innovative Social Plastic® feedstock, which transforms collected material into reusable products and packaging for the community. Get ready to be inspired!
Play Episode 51: David Katz, Plastic Bank