Uruguay finds novel use of cryptocurrency with plasticoins

Uruguay’s popular beach resort Piriapolis has found a never-heard-before use of cryptocurrency by encouraging citizens to deposit their plastic remains at a designated collection point and receive cryptocurrencies in return for obtaining deals and discounts on purchases from selected retailers, reported the Times of India on Sunday. On a blazing summer day, one can see a number of Uruguayans carrying hefty portions of plastic remains to a drop-off point near a beach. For a minimum weight of one kg, they will be rewarded one hundred to four hundred plasticoins on their smartphones, depending on the nature of plastic, which could