Manila residents paid in Ethereum for helping to clean up the beaches

Residents of Philippines’s capital city, Manila, will be paid in Ethereum in exchange for their help in cleaning up the region’s most polluted beaches, CCN reports.

The payment will be enabled through a dApp called Bounties Network that operates on the Ethereum blockchain. It also serves as a platform for the accomplishment of tasks. Furthermore, the dApp allows anyone on the platform to set a bounty and reward for other participants using ETH.

Joseph Lubin, co-creator of Ethreum and chief executive of ConsenSys, said:

“In Manila, participants will be paid in ETH for spending a few hours cleaning up one of the most heavily polluted beaches in the world. Bounties Network and ConsenSys Impact are proving a new model where people fund causes directly without intermediaries.”

If the platform operated using fiat currency instead, it would be a nearly impossible task given the high fees charged during transfers. Additionally, in the case of international transfers, the process could take as long as 14 days. Instead, every participant is awarded 0.03 ETH once they have completed a task.

Additionally, ConsenSys subsidiary, ConsenSys Impact, recently introduced a non-profit initiative called Bounties for the Oceans: Philippines Pilot – Sustained, Verified Plastic Cleanups to promote the use of blockchain and help clean up the environment.