Blockchain Technology Helps with Recycling Mattress Foam
Blockchain technology helps with the recycling of mattress foam.
ChemChain for Mattress Foam Sustainability
According to a report by Ledger Insights published on May 1, Dow Polurethanes – an offshoot of Dow – recently announced a pilot to tap ChemChain blockchain to aid with the recycling of mattress foam.
For those not in the know, recyclers need reliable information about the chemical composition of any product they are processing. Therefore, they use blockchains to share data to easily identify the composition at every state of the mattress’s life cycle.
Notably, the ChemChain pilot is part of the mattress recycling program for Dow’s RENUVA brand.
Commenting on the development, Jihane Ball, Director of Global Product Safety and Compliance, Dow, noted:
“What if we could ensure transparency in a circular product without compromising confidentiality?. Our engagement with recyclers and customers on circular solutions has led us to pose this crucial question. Ensuring that the necessary compositional information can be shared at every step in the value chain is critical to enable circularity at the end of product life.”
For the uninitiated, ChemChain was developed by the team behind the regulatory platform Chemycal and leverages the Hyperledger Fabric enterprise blockchain. Recently, the firm announced another pilot trial with Belgian chemicals company called Solvay.
Blockchain for Environmental Sustainability
In addition to its uses in traditional industries such as banking, finance, supply chain management, and others, distributed ledger technology (DLT) is also increasingly being used for sustainability purposes.
As earlier reported by BTCManager, IT firm IBM launched a new initiative to tackle ocean plastic and global poverty with blockchain technology.
Similarly, in 2019 BTCManager informed its audience about how the Municipal Corporation of Bangalore, India was using blockchain technology for a pilot geared toward waste management mechanisms in the region.
Similarly, in December 2019, BTCManager reported the launch of Biota, a German waste management association that launched Deposy – a system to collect plastic waste from consumers and link them to recyclers.