Empower Chain (MPWR)

What is Empower Chain

EMPOWER, a Norwegian circular platform company uses digitization, cloud data, and blockchain technology to store and facilitate seamless sharing of information about plastic waste and map waste flows to ensure that the plastic ends up where it has the highest value and the lowest cost to society. Empower’s mission is to ensure that all materials have value and can be tracked from production to new resources and back into new sustainable products again, with a vision to close the tap on plastic waste and recreate a world without waste.

Empower aims to stop the leakage of plastic and other waste into the environment by cost-efficiently incentivizing collection and segregation at source, and at scale, by giving value to used materials and products everywhere.

Empower allows anyone to register on the Empower Platform to set up verified collection points around the world digitally. These Collection Points can then issue financial rewards in the form of digital tokens in return for the deposit of plastic or other “waste.” Empower does not take ownership of collected materials or data but helps the local collection entrepreneurs access funding for cleanups and potential buyers of the collected materials. This way, we create a rapidly growing, global, and distributed waste collection infrastructure, entrepreneurs, and sustainable jobs within the waste management industry.