The digital platform for the implementation of illiquid assets and waste disposal "Trash for cash"

Problem and implemented solution

Every year, more than 3.5 million organizations and 16 million people make more than 60 million transactions for the sale and disposal of waste and illiquids. Waste owners spend several days searching for a contractor, as a result of which a third of them pay for recycling, although they could receive income for it. Processors spend large budgets on advertising, but receive up to 90% of non-targeted requests. Our online platform uses computer vision to determine the type, volume and quality of waste, neural networks to select disposal options based on legislation, and instant auctions to provide the best deals.

Russia
Nomination

Artificial Intelligence And Digital Services

Topic

Artificial intelligence

Estimated duration of implementation

The coverage period for 85 regions of Russia is 3 years. Access to foreign markets - from the second year. The time frame for achieving the planned targets is 5 years.

Implementation geography

The pilot region is the Novosibirsk Region. It is planned to cover 85 regions of Russia in three years. The platform can be implemented in any region or country where there is a waste reception and recycling infrastructure.

Description of competitive advantages

Trash for cash, unlike its competitors, will find a solution for liquid and illiquid waste. The computer vision module and the neural network will help you choose the most appropriate solution for the individual needs of the user on the platform, taking into account legislation and compliance with environmental standards. Monetization of Extended Producer Responsibility and carbon footprint points.

List of awards and prizes, media articles about the organization/individual or the Practice

TASS.The science: A neural network has been developed in Novosibirsk to automate sorting and garbage collection https://nauka.tass.ru/nauka/20382859. The continent of Siberia: How to turn garbage into income using a neural network and an Internet platform https://ksonline.ru/528205/kak-prevratit-musor-v-dohody-s-pomoshhyu-nejroseti-i-internet-platformy/

List of scientific works and IP connected with the Practice

In 2024, documents for registration of a computer program certificate in the Russian legal system will be sold.

Contacts

For queries about BRICS Solutions Awards please reach out to Agency for Strategic Initiatives International Office Team:

Partners

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