Blockchain Traceability Key to Fighting Global Waste Surge
The global waste crisis is escalating. Without significant changes, waste is set to surge by 70% by 2050, with each person producing an average of 500kg annually. Only 20% of plastic waste is recycled. Waste management traceability, tracking waste throughout its lifecycle, is crucial for a circular economy and waste reduction.
Waste management traceability in waste management aids circularity by enabling material tracking and minimizing waste. It involves documenting waste production, collection, transportation, treatment, and disposal. Benefits include waste reduction, enhanced recycling, improved waste-to-energy operations, and reduced illegal dumping.
Current practices include common garbage collection, sorting, and disposal techniques. Advanced methods focus on waste reduction, source separation, and material reuse. Challenges include inadequate landfill area, greenhouse gas emissions, and ineffective resource use.
A German company offers blockchain traceability solutions to enhance transparency and efficiency in waste management and the circular economy. With waste management and environmental sustainability gaining importance, traceability is emerging as a key ally for achieving greater circularity.
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