How blockchain makes the plastics sector more sustainable

Privacy key

Circularise builds a blockchain protocol for data exchange, in which privacy and data protection are central. It is precisely this that makes cooperation between large companies possible. This is a smart strategy, because transparency often prevents companies from cooperating.

Mercury: yes/no?

Circularise's solution includes the Smart Questioning technology, which makes it possible to determine whether a product contains mercury or another material. With a simple yes/no answer, that question checks the entire supply chain. The plastics are linked to the blockchain using different types of identifiers, such as QR codes, RFIDs, NFC, chemical tracers and DNA.

Encourage recycling​

Other examples of blockchain applications for plastics recycling are BASF and its reciChain pilot. While Circularise and reciChain go deeper into the plastic production process, other blockchain solutions focus more on the first stage of the recycling process. For example, Dell and its subsidiary VMware are investigating the recycling of packaging materials. And SC Johnson and Plastic Bank are investigating blockchain to stimulate consumer recycling of plastic. IOTA has a similar initiative.

Traceability of plastic​

We are seeing increasing funding for sustainable use innovations - in this case the use of Blockchain to support the traceability of plastic throughout its lifecycle. A development that fits seamlessly with the mission of the Twice-based companies Ioniqa and Tusti. And to our recently launched BrainBloC learning work programme in partnership with Weconomics that helps companies accelerate the digitisation of their business processes.