A bin that can weigh recyclables you have dumped into it and track how much "recycle dollars" you have been rewarded with for recycling. Cascade Engineering has developed such a smart bin.
The bins have Radio Frequency Identification (RFID) chips embedded in them so that, they can be weighed and scanned by the sensors in the garbage truck. The Smart Cart automatically records the information in computers and the householders are credited with "Recycle Bank Dollars". With that they can get coupons for discounts from participating businesses, such as, groceries, gas, clothes or travel agencies.
Fred Keller, CEO of Cascade Engineering, calls that "Econology”. Check it out.
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