Can Blockchain help climate change and recycling initiatives?

Despite the current focus on Covid-19, how can Blockchain technology be used to support different climate change and recycling initiatives?

According to Forbes 60% of customers are demanding traceability and transparency of products. Greta Thunberg dramatically illustrated that the younger members of our society are really concerned about the environment and climate change.

Can Blockchain help climate change and recycling initiatives?

There are many examples of firms using Blockchain technology
Mercedes-Benz to track Co2 emissions in it supply chains working with its car battery suppliers. In the plastic sector Dutch Co Circularise to track the provenance of materials to reduce carbon footprints, cut waste.
Monchain encouraging recycling – its claims if everyone bought one used item instead of a new one it would save 25 billion litres of water.

Remedichain claim 32 million Americans cannot afford the medication they need so they are redistributing unused, still-viable medicine to patients who need it. Thus, helping people in need while reducing reduces pharmaceutical waste.

95% of the textiles that are land filled each year could be recycled.
Daily in Hong Kong, there are 253 tons of textiles sent to landfill.
Potentially as we get Covid-19 under control there is likely to be even more focus on the environmental challenges we face globally and Blockchain technology could help to instil better trust in supporting different initiatives.

Bought to you by Digital Bytes if you would like to receive Digital Bytes weekly please use this link to register http://eepurl.com/gTDiwP

More about Irish Tech News and Business Showcase here

FYI the ROI for you is => Irish Tech News now gets over 1.5 million monthly views, and up to 900k monthly unique visitors, from over 160 countries. We have over 860,000 relevant followers on Twitter on our various accounts & were recently described as Ireland’s leading online tech news site and Ireland’s answer to TechCrunch, so we can offer you a good audience!

Since introducing desktop notifications a short time ago, which notify readers directly in their browser of new articles being published, over 30,000 people have now signed up to receive them ensuring they are instantly kept up to date on all our latest content. Desktop notifications offer a unique method of serving content directly to verified readers and bypass the issue of content getting lost in people’s crowded news feeds.

Drop us a line if you want to be featured, guest post, suggest a possible interview, or just let us know what you would like to see more of in our future articles. We’re always open to new and interesting suggestions for informative and different articles. Contact us, by email, twitter or whatever social media works for you and hopefully we can share your story too and reach our global audience.

Irish Tech News

If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at [email protected] or on Twitter: @SimonCocking