Blockchain for verification and traceability
Why Blockchain?
Blockchain methodology is essential for Plastiks, ensuring transparency and immutability in documenting every step of plastic recovery and recycling. This technology keeps our sustainability data unalterable and publicly accessible, establishing a reliable foundation for all green claims. The Plastiks platform also provides web2 tools that are connected to the Blockchain so that the verified data can be viewed by the public.
Company Generates Plastic Waste
Businesses produce plastic waste, which is then logged into the system to initiate its recovery and recycling process.
Verified by Plastiks and uploaded to the blockchain
Collection of Plastic by Waste Recovery Entity
Authorized entities collect the plastic waste. Plastiks verifies the portion of plastic waste that goes to legal landfills and tracks how much is directed towards recycling efforts, ensuring proper management and accountability.
Verified by Plastiks and uploaded to the blockchain
Recycling of Plastic takes place
The collected plastic is recycled by certified facilities, converting waste into reusable materials.
Verified by Plastiks and uploaded to the blockchain
Issuing of Plastic Credits
Plastiks verifies the recycling process and issues plastic credits, which are recorded on the blockchain for transparency.
Benefits of Blockchain in Plastic Recovery and Recycling
Blockchain technology enhances the traceability of plastic materials from collection to recycling. Plastiks offers clear records of how materials are handled and transformed, ensuring compliance with environmental standards and transparency.
Fighting Greenwashing with Blockchain Technology
Plastiks leverages blockchain to meet EU environmental standards, ensuring all recovery and recycling claims are backed by transparent, unalterable data. This combats greenwashing, builds consumer trust, and ensures compliance with global sustainability efforts.
We are committed to a sustainable future through cutting-edge technology solutions. Our services help brands manage plastic waste and highlight their environmental impact:
Plastik Token
The Plastiks Platform is built on CELO Blockchain.
The platform functionality works with a token called Plastiks. The Plastik token's utility consists of tracking the progress of the sale of plastic credits corresponding to the roadmap that a recovery entity is attempting to fund. Once the number of plastic credits sold corresponds to the roadmap amount is achieved, the tokens are returned to Plastiks to release the funds for the implementation of the roadmap.