Analyse the scenario and discuss whether a blockchain solution would be appropriate for this domain. You must refer to one or more of the Blockchain Suitability flowcharts You can’t just simply answer ‘yes’ or ‘no’ – neither answer is right or wrong. Address the reasons and conditions that make this scenario suitable or not suitable for a blockchain solution.

You are required to submit a report of your analysis findings in your submission as part of labtask 3. You are welcome to incorporate the findings shared by the groups in the tutorials.

 

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The treatment and disposal of industrial waste is a very large part of any industry. There are many laws governing the categorization of waste and how each category of waste needs to be transported, processed, treated and disposed. A high level description of the general steps is shown here: 1. Industry produces waste as part of normal operations (e.g. asbestos removal, used oil filters and tyres, medical waste, chemical/paint runoff, used cooking oil etc) 2. Waste is collected by various waste collection/disposal services 3. Waste is categorized according to government regulations 4. Recycling companies may extract materials from the waste for recycling/reuse 5. Some waste needs to be treated before disposal to make it safe from contaminating soil/water etc. Treatment companies would do this. 6. Remaining waste then needs to be disposed depending on the category, usually being disposed to landfill once rendered safe. 7. There are different categories of landfill sites able to accept certain types of waste but not others. Recent events in Victoria have highlighted major flaws in the current system. Several rogue waste disposal companies operated illegally for years by collecting waste from companies and then instead of processing and disposing of the waste properly, they stored the waste in huge warehouses or buried the waste, untreated, on country properties. These large stockpiles of waste have created several very dangerous toxic fires and have required very expensive clean-up operations to render the waste safe. The treatment and disposal of industrial waste is a very large part of any industry. There are many laws governing the categorization of waste and how each category of waste needs to be transported, processed, treated and disposed. A high level description of the general steps is shown here: 1. Industry produces waste as part of normal operations (e.g. asbestos removal, used oil filters and tyres, medical waste, chemical/paint runoff, used cooking oil etc) 2. Waste is collected by various waste collection/disposal services 3. Waste is categorized according to government regulations 4. Recycling companies may extract materials from the waste for recycling/reuse 5. Some waste needs to be treated before disposal to make it safe from contaminating soil/water etc. Treatment companies would do this. 6. Remaining waste then needs to be disposed depending on the category, usually being disposed to landfill once rendered safe. 7. There are different categories of landfill sites able to accept certain types of waste but not others. Recent events in Victoria have highlighted major flaws in the current system. Several rogue waste disposal companies operated illegally for years by collecting waste from companies and then instead of processing and disposing of the waste properly, they stored the waste in huge warehouses or buried the waste, untreated, on country properties. These large stockpiles of waste have created several very dangerous toxic fires and have required very expensive clean-up operations to render the waste safe.

Answer rating: 100% (QA)

Answer Report Analysis of Blockchain Solution for Waste Management in Light of Recent Events in Victoria Introduction The recent events in Victoria where rogue waste disposal companies operated illega... View the full answer