Circularity and recycling; the key to the future is in the blockchain

Vectorium, with its experience in the green world and an innovative blockchain ready to lead the ecological transition

Those involved in Blockchain are certain that this technology will transform every business and affect the lives of all of us within a short time. The Blockchain is considered the key to improving trust, transparency and security in transactions, being part of the galaxy of the so-called “Internet of value,” that is, those systems that enable one to exchange value on the Net with the same ease with which information.

It will be possible to use blockchain technology in many areas. The new “certification” technologies seem perfect, such as managing the procurement processes and systems of raw materials and secondary raw materials in the different phases of waste treatment. Blockchain can provide a platform that allows other subjects to verify that each exchange in a supply chain has taken place by authenticating it without the need for an intermediary to guarantee it. When you know what is happening in real-time about your product and its composition, it increases the value of this product.

Traceability is an essential condition for promoting circularity from materials procurement to production, consumption and end-of-life management. Furthermore, guaranteeing the originality of a product and its traceability ensures greater consumer confidence. It decreases the cost of control for each production step used in the creation of the product.

The increase in the use of the…