Name: The Plastic Bank
Founders: David Katz, Shaun Frankson
Inclusive Economics to Break the Cycle of Poverty and Ocean-Bound Plastic
The goal: Bring one billion people together from around the world to eradicate poverty and stop ocean-bound plastic. Big and Bold. And do so within notoriously highly-corrupted, low-trust environments.
Plastic waste has convertible value. To the right people.
The Plastic Bank’s innovation is a market-based plastic recycling marketplace, whereby corporations and citizens (without government intervention) come together and divert ocean-bound plastic in exchange for the necessities of life that allude many in developing countries like Haiti, the Philippines, and Indonesia. Citizens can start their own business within this new ecosystem and be paid without being concerned about losing their funds to local bad actors. Social Plastic and a path to hope was born.
CEO and co-Founder
The Plastic Bank
Guidance to the founders on how to start small and be prepared to scale, without sacrificing enterprise-grade availability and data security
Hyperledger, Mobile App
Designed and maintained a hybrid cloud hosting infrastructure, including incorporating IBM LinuxONE with industry-leading 99.999% availability, scalability, resiliency and security
Early creative financing enabled the founding team to stay focused on scaling the impact instead of raising additional funds
Cognition Foundry continues to work with the Plastic Bank, evolving their platform in response to stakeholder needs