Building the Circular Economy

On the Blockchain

Can we Actualize the Circular Economy without Blockchain?

What is Blockchain?

What is Blockchain?

What are the biggest limitations to actualizing a circular economy?

Key Answers

• Locked-in Economic Framework
• Resistance to change
• The old system is working for many people
• Requires a cultural change in leadership and others’ priorities
• More long term thinking
• Changing what we value and what’s meaningful
• Greenwashing
• Education

What do blockchains solve?

• Locked-in Economic Frameworks ——> New Currencies
• Currencies backed by natural assets like rainforests
• Reward people for circular behaviors
• Requires a cultural change in leaderships priorities —-> Stakeholder Governance
• Decentralize wealth and power with stakeholder networks owned by participants
• Education
• Incentivize new behaviors like creating new habits with a ‘green’ currency
• Greenwashing ——> Transparency
• Hold institutions and society accountable for taking circular actions

ReSource

• Open source software

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• Infrastructure for building regenerative and circular economies
• Creating currencies backed by local resources and human potential
• Mutual credit financing with incentives to grow the communities, not extract from them
• Cooperative governance

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• Built on Celo, carbon-negative blockchain

How it Works: Key Use Case

1. Apply
2. Offer your products and services
3. Earn ReSource dollars by selling them (a crypto you don’t have to buy!) or get a credit line
4. Spend them on local food, basic goods and services, digital freelancers, and more!
5. A credit line you back with your own products and services when you make sales.

Where we are in our Journey:

• Asheville, NC, Chattanooga TN, Austin TX, Los Angeles
• McDowell County, Sylva, NC
• Ambassador Program
• Kenya - Sanergy

Future Outcomes

• Decentralized upcycling and recycling network
• Circular Supply Chains, Fashion and other Industries
• Local Supply Chains
• What else?

Future Outcomes

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• More exchange using a currency designed for circular practices means there is less exchange in the US fiat economy.
• We can stop supporting businesses who don’t value these practices and start fostering the growth of those who do.
• Build a new economy around value in circular and regenerative practices

How you can be involved?

• Join the network !
• Become an ambassador - help launch NYC!
• Become an ambassador - help launch a new market (music, fashion, etc)
• Become a network entrepreneur - let us know other use cases you’d like to build
• Help build our roadmap - Join our discord
• Join our stakeholder community - You can get our token and stake it to back the credit lines
• Become an underwriter - how do we evaluate businesses access to credit?
• Other ideas? Talk to us!

Activity: ~30 min Discussion

• Dark Room - Challenges
• What are the biggest issues facing the implementation of circular practices and what systems could we design using blockchain to address them? (Ashley)
• Light Room - Opportunities
• What are the most inspiring use cases for combining blockchain and circular economy (David)