Home Patent Forecast® Sectors Log In   Sign Up   Support   Contact  
Why Patent Forecast® What's Included Patent Forecast® Sectors Free Trial Pricing News Feed Subscribe Menu
Enjoy your FREE PREVIEW which shows only 2018 data and 25 documents. For full access, subscribe at any time.         Subscribe

Biodegradable Packaging

Read More News and Insights

BASF introduces blockchain to recycling

Biodegradable Packaging Patent Forecast®

February 27, 2020

BASF has launched a pilot platform, reciChain, in Canada to address plastic waste and is being advised by Deloitte. The platform addresses the issues with plastic collection and sorting activities as well as the traceability of recycling plastic.  The platform combines blockchain with digital badge and loop technology to allow for secured sharing of data between market participants and to improve sorting, tracing, and monitoring of plastics throughout the value chain. The goal is to create a competitive circular supply chain rather than a linear one, thereby extending the life cycle of plastics. ReciChain is also being used in Brazil and has secured participation from some of the major Brazilian companies. 


Blockchain, Cryptocurrency, Bitcoin, Exchange, Network

Article Source Link


Read more like this in News This Week!   or   Share this link with your connections!