BANANA & PARTNERS LAUNCHES BANATOKEN AS A CIRCULAR ECONOMY TOKEN FOR WASTE MANAGEMENT PROCESS
BANANA & Partners was founded in 2021 starting from concerns about the threat of waste to the environment, people’s dependence on fossil energy, and Indonesia’s current economic condition. With these four goals in mind, BANANA & Partners was born. Waste management, renewable energy, the circular economy, and the blockchain were all on the list.
Problems regarding waste that accumulates and are not processed make BANANA & Partners work together to process waste into environmentally friendly energy products. BANANA & Partners has a recycling center (Pusat Industri Daur Oelang Rumahan (PANDORA) operating in Balikpapan. In mid-2022, PANDORA will be present in the Tangerang Regency area in collaboration with Pertamina, New Energy Nexus, and Moretrash. The collected waste will be processed into various kinds of environmentally friendly products. Waste processing carried out at PANDORA uses carbonizer technology, which can process waste in 2–3 hours without producing smoke that damages the environment. It is innovative, a solution, but still eco-friendly.
Waste management carried out by BANANA & Partners uses the Circular Economy concept so that the community empowerment process continues in a sustainable manner. In 2022, BANANA & Partners launched the BANA Token. BANA Token is a real project from BANANA & Partners to realize a circular economy system from waste processing. In this regard, BANANA & Partners collaborated with BeKind to develop blockchain technology.
BANANA & Partners has processed 1,452 tons of plastic waste into plastic raw materials, 13.51 tons of office waste, 12.2 tons of used cooking oil (UCO) processed into biodiesel and disinfectant, and has been able to reduce 39.98 tons of carbon emissions by 2021. Later, it is hoped that PANDORA will be able to spread to other parts of Indonesia so that waste management has a bigger, more long-term effect.
Starting Tuesday, March 1, 2022, BANANA & Partners officially releases BANAToken. The private sale stage is carried out for 6 months starting from March 2022, then it will proceed to the pre-sale stage. Complete information about the BANA Token and the white paper is published on the https://banatoken.xyz/ page. We also have a BANA Token Indonesia community group to conduct dialogue and ask questions about the BANANA & Partners project and also the BANA Token. Banana & Partners hopes that many parties will support BANA Token so that it can have a larger positive impact in overcoming Indonesia’s waste, energy, and economic problems.