A London-based startup is seeking to connect recyclers, manufacturers, and brands throughout a decentralized recycling ecosystem.
'Recycle to Earn' was the motto presented by Eric Vogel earlier this month while pitching his startup at the European Blockchain Convention, decades after he started recycling plastics and cans from his grandmother's house to earn extra money for a Game Boy.
The nearly three-year-old startup is allowing consumers to deposit plastic waste at collection points, such as reverse vending machine manufacturers, recycling points and smart bins through partnerships. The containers are collected and sent to a recycling plant. This widely used process, however, is now powered by blockchain technology.
"Plastics from a specific event or venue could fetch an even higher price than a standard metric tonne of recycled plastic, as it would have all of the underlying data attached to it. So, brands and organizations could upcycle this plastic to produce limited edition kit or merchandise from key events," Vogel told Cointelegraph, adding that:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
London’s V&A to Host David Bowie Archive at New East London LocationThe Victoria and Albert Museum has secured the rights to the archive of David Bowie. Beginning in 2025, the archive of more than 80,000 items that connect to the artist’s six-decade-long career will be made available to the public.
Read more »
Vivek Ramaswamy, presidential hopeful and anti-ESG crusader: U.S. should ‘abandon climate religion’Vivek Ramaswamy’s 2024 bid for president might be a long shot but the wealthy “anti-woke” entrepreneur is expected to invigorate national debate around the precept of investing based on environmental, social, and corporate governance or ESG.
Read more »
Republicans seek records on SEC's climate proposal as part of push against ESG investing plansTop Republicans in the House and Senate demanded detailed information from SEC Chair Gary Gensler on a polarizing climate disclosure proposal.
Read more »
U.S. states seek to block Biden ESG investing ruleA coalition of Republican-led states has asked a federal judge to block a Biden administration rule allowing retirement plans to consider environmental, social and corporate governance (ESG) factors in selecting investments pending the outcome of their legal challenge.
Read more »
BlackRock boss Larry Fink extends olive branch to GOP amid ESG furorBlackRock’s billionaire CEO Larry Fink – who has weathered a barrage of accusations over “woke capitalism” run amok at his $10 trillion firm – is making a fresh push to repair relationshi…
Read more »
Deloitte survey findings show progress on ESG disclosure and preparedness - Phoenix Business JournalCompanies are internally shifting focus to prioritize ESG oversight, controls and disclosure to prepare for increasing demand for high quality sustainability disclosures.
Read more »