Blockchain-based Recycling System
🚨In the USA alone, the Recycling industry contributes $117 billion to the economy annually and creates more than 500,000 jobs.
📌UK’s Waste Management Market size was valued at £70 billion in 2023.
📌 In the UK, 80% of household waste can be recycled but only 45% of the waste gets recycled. The UK needs to achieve a recycling rate of 60% by 2030 and 65% by 2035. ♻️
➡️ What does a Blockchain-based Recycling system look like?
➡️ How does a combination of IoT and Blockchain Smart Contracts save costs and create more efficient Recycling systems?
Research from The JBBA.