Blockchain and What it Means for the Recycling Sector
As the digital revolution is well and truly here, established sectors have been facing an increasing amount of pressure to adapt. The recycling sector is by no means excluded from this. As a matter of fact, it has been a bit inert in this regard, and the consequences can be particularly detrimental to our planet’s future. The lack of monetary incentives and transparency within recycling processes has engendered a sort of collective sloppiness. Blockchain technology can provide solutions to such issues, and with that, a small glimmer of hope within our efforts to fight plastic pollution can be visible.
Why Does It Need Blockchain?
The horrors concerning plastic waste have been well documented. If it is disposed of in landfills, or anywhere except recycling centers, for that matter, plastic will essentially take more than 500 years to decompose. And on a more shocking note, out of the 300 million metric tons of plastic that are…