Echo Trade: Transforming Waste Into Wealth Through Sustainable Auctions

In a world where environmental sustainability and waste management are becoming increasingly difficult problems. By developing a dynamic online platform where different waste types—such as paper, food, plastic, metal, and chemical waste produced by businesses, educational institutions, and other establishments—are auctioned off for valuable commodities, our project, Eco Trade, seeks to transform waste management. Echo Trade emerges as a pioneering solution, bridging the gap between ecological responsibility and economic prosperity. This innovative approach not only addresses environmental concerns but also fosters a circular economy by facilitating the sale of these materials to potential buyers. By bridging the gap between waste producers and buyers, Eco Trade contributes to a greener and more sustainable future while simultaneously promoting economic opportunities in the recycling sector. The potential of Eco Trade to reshape the waste management landscape, turning waste into wealth for a healthier planet. This abstract serves as an introduction to the transformative potential of Echo Trade, illustrating how sustainable auctions can play a pivotal role in reshaping waste management practices globally. As the world seeks innovative solutions to address environmental challenges, Echo Trade is a shining example of optimism in the global search for creative solutions to environmental problems, opening the door to a more sustainable and prosperous future.

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Publication Details

Published
2024-11-18
DOI
https://doi.org/10.1109/icdici62993.2024.10810903
Citations
4
Primary Topic
Public Procurement and Policy
Type
article
Field-Weighted Citation Impact
2.22
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article

Echo Trade: Transforming Waste Into Wealth Through Sustainable Auctions

V. R. Thejeshwar, A. Vijayaraj, R. Megavannan, V. Murugan et al.
4 citations
Public Procurement and Policy
2.22
article

Echo Trade: Transforming Waste Into Wealth Through Sustainable Auctions

V. R. Thejeshwar, A. Vijayaraj, R. Megavannan, V. Murugan, Hamelda Lourdus Mary A, Dhiya Shree S
article en
4 citations

Abstract

In a world where environmental sustainability and waste management are becoming increasingly difficult problems. By developing a dynamic online platform where different waste types—such as paper, food, plastic, metal, and chemical waste produced by businesses, educational institutions, and other establishments—are auctioned off for valuable commodities, our project, Eco Trade, seeks to transform waste management. Echo Trade emerges as a pioneering solution, bridging the gap between ecological responsibility and economic prosperity. This innovative approach not only addresses environmental concerns but also fosters a circular economy by facilitating the sale of these materials to potential buyers. By bridging the gap between waste producers and buyers, Eco Trade contributes to a greener and more sustainable future while simultaneously promoting economic opportunities in the recycling sector. The potential of Eco Trade to reshape the waste management landscape, turning waste into wealth for a healthier planet. This abstract serves as an introduction to the transformative potential of Echo Trade, illustrating how sustainable auctions can play a pivotal role in reshaping waste management practices globally. As the world seeks innovative solutions to address environmental challenges, Echo Trade is a shining example of optimism in the global search for creative solutions to environmental problems, opening the door to a more sustainable and prosperous future.

SRM Institute of Science and Technology (IN), GS Engineering (United States) (US)
Openalex Percentile: Top 9%
Public Procurement and Policy
2.22
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