The world is drowning in an ever-increasing heap of garbage. The rate at which waste is accumulating is turning our towns and cities into dump sites. Nations all over the world are faced with the herculean task of finding convenient and appropriate means of disposing of wastes.
Waste disposal management is one of the prime challenges faced by most countries around the world. Technological developments are opening gates for exploration and production activities, which eventually results in waste formation.
Tracking Waste Using Blockchain Technology
The technology that powers cryptocurrencies like bitcoin are slowly making way into waste management. It could even play a very vital role in keeping recyclables out of landfills.
The blockchain is a super-secure digital ledger, where transactions records are kept chronologically and publicly. According to experts, the technology would also make it easier to track shipments of waste and recycling. It could even help with regulatory compliance.
Jody Cleworth, the CEO of Marine Transport International said, “The shipping of recovered materials is necessarily heavily regulated, and we’ve had a real impact in simplifying the process while remaining compliant.” Marine Transport International is a New Jersey-based freight forwarder. The company just completed a successful blockchain pilot. This pilot created a common tracking system linking up recycling suppliers, port operators, and ocean carriers.
Phil Rudoni, Chief Tech Officer at Rubicon said that “A big issue the waste industry faces is the lack of accountability for the end destination of recycled material. Rubicon is an Atlanta-based tech startup that provides cloud-based recycling and waste services.
Waste has always been difficult to track but with blockchain, it is believed that it would be much easier. It wouldn’t be so difficult to design a system where pieces of plastic (or trash bags) could be tagged with scannable QR-Codes and then tracked at each step of the recycling supply chain.