Blockchain Technology Helps with Recycling Mattress Foam
Blockchain technology helps recycle mattress foam.
ChemChain for mattress foam sustainability
According to a May 1 report by Ledger Insights, Dow Polurethanes – an offshoot of Dow – recently announced a pilot to tap the ChemChain blockchain to help recycle mattress foam.
To the unknown, recyclers need reliable information about the chemical composition of every product they process. Therefore, they use blockchains to exchange data and easily identify the composition at each stage of the mattress life cycle.
In particular, the ChemChain pilot is part of the mattress recycling program for Dow’s RENUVA brand.
Jihane Ball, Director of Global Product Safety and Compliance, Dow, commented on the development:
“What if we could ensure transparency in a circular product without compromising confidentiality? Our collaboration with recyclers and customers on circular solutions has led us to ask this crucial question. It is crucial that the required composition information can be exchanged at every step of the value chain to enable circularity at the end of the product life. “
For the uninitiated, ChemChain was developed by the team behind the regulatory platform Chemycal and uses Hyperledger Fabric’s corporate blockchain. The company recently announced another pilot with the Belgian chemical company Solvay.
Blockchain for ecological sustainability
In addition to its applications in traditional industries such as banking, finance, supply chain management, and others, distributed ledger technology (DLT) is also increasingly being used for sustainability purposes.
As already reported by BTCManager, the IT company IBM launched a new initiative to fight ocean plastic and global poverty with blockchain technology.
Similarly, in 2019 BTCManager briefed its audience on how the Municipal Corporation in Bangalore, India, used blockchain technology for a pilot project focused on waste management mechanisms in the region.
Similarly, in December 2019, BTCManager reported on the founding of Biota, a German waste association that launched Deposy – a system that can be used to collect plastic waste from consumers and connect it to recyclers.
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