Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»IOTA and Digimarc Transform Plastic Waste with Digital Product Passports
ADOPTION NEWS

IOTA and Digimarc Transform Plastic Waste with Digital Product Passports

By Crypto FlexsAugust 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
IOTA and Digimarc Transform Plastic Waste with Digital Product Passports
Share
Facebook Twitter LinkedIn Pinterest Email

Alvin Lang
09 Aug 2024 14:32

IOTA and Digimarc launch digital product passport to increase transparency in plastic recycling and promote circular economy





The IOTA Foundation, in collaboration with Digimarc, has introduced a Digital Product Passport (DPP) that tracks and traces the process of recycling plastic waste into bioplastics, the IOTA Foundation announced. The initiative aims to promote transparency and support a circular economy by carefully recording the life cycle of plastic waste.

IOTA technology promotes a circular economy

In a significant step towards improving the circular economy, the IOTA Foundation and Digimarc are using distributed ledger technology (DLT) to monitor the recycling journey of plastics. The project focuses on converting farm plastic waste into bioplastics used in consumer products, ensuring both business-to-business (B2B) and business-to-consumer (B2C) verification.

Plastic mulch films, widely used in modern agriculture for weed control and water conservation, often end up in landfills, causing environmental problems. However, recycling these plastics into biodegradable products is complex and expensive. According to the OECD, only 9% of plastic waste is recycled, while 22% is mismanaged. This highlights the need for a reliable system to track plastic waste through the recycling process.

Introducing the Digital Product Passport

The Digital Product Passport (DPP), a plastic prototype solution, provides comprehensive data on the life cycle of plastic waste, from disposal to new product. This data is recorded using the GS1 EPCIS 2.0 standard and stored on the IOTA ledger, ensuring verifiable claims about the origin of the product.

Chain of events leading to plastic DPP

The DPP solution consists of several steps, starting with the waste production stage, where plastic mulching films are used on farms to protect crops. After harvest, the used plastic is collected and the data is recorded on the IOTA ledger. The waste is then collected by an authorized waste manager and its journey to the recycling facility is tracked.

In the recycling stage, plastic waste is processed into new raw materials. These raw materials are then supplied to manufacturers to be converted into new products, such as eco-friendly packaging. Each product is assigned a unique DPP, which records the entire supply chain journey.

Ensuring trust and transparency

Throughout the process, the EBSI Trust Framework verifies the identity and relationships of all involved actors. Supply chain events are captured and recorded using the GS1 EPCIS 2.0 standard, and each product is assigned a GS1 digital link. This link, accessible via a QR code, provides transparency and allows consumers to verify the origin and sustainability of the product.

This system ensures that all parties, from waste producers to auditors, play a vital role in maintaining transparency and traceability throughout the life cycle of agricultural plastics, supporting a robust circular economy.

conclusion

Utilizing blockchain technology, IOTA and Digimarc’s DPP solution prototype for plastics ensures transparency and integrity in the life cycle of agricultural plastics. This initiative not only promotes a circular economy, but also provides valuable insights for businesses and consumers to improve sustainability and reduce environmental impact.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin is at risk of liquidation of $1.4 billion if BTC rises to $80,000.

April 28, 2026

Polymarket Seeks $400 Million Raise to $15 Billion Valuation: Report

April 20, 2026

Ether risks a $1.7K retest as traders fail to overcome a key resistance area.

April 4, 2026
Add A Comment

Comments are closed.

Recent Posts

A Year of Colocation with Beeks: Open Access to Low-Latency Transactions

May 1, 2026

Guardian Rewards – Vault12

May 1, 2026

Race 2.0, Leios and Voltaire Live Voting

May 1, 2026

SHRMiner Lights Up London’s Piccadilly Circus, Propelling AI Cloud Mining Into The Mainstream Spotlight

May 1, 2026

Rayls Launches Public Mainnet, Advancing Its Mission To Bring Global Finance Onchain

May 1, 2026

XRP to $10,000? Ripple CTO emeritus rejects bold claims.

May 1, 2026

How AI Is Transforming The Cryptocurrency Ecosystem

May 1, 2026

BitMart x $EAT Trade-to-Feed Competition Pays 4.4 Million USDT to Traders in May 2026

April 30, 2026

Crypto billionaire Justin Sun files suit against Trump-linked World Liberty Financial over ‘wrongly’ frozen tokens

April 30, 2026

VerifyVASP Acquires Sygna, Consolidating The Global Travel Rule Network

April 29, 2026

Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or a Market Trap?

April 29, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

A Year of Colocation with Beeks: Open Access to Low-Latency Transactions

May 1, 2026

Guardian Rewards – Vault12

May 1, 2026

Race 2.0, Leios and Voltaire Live Voting

May 1, 2026
Most Popular

NVIDIA improves cyber security of important infrastructure through AI innovation.

February 16, 2025

Japan Accepts Cryptocurrencies: Approved for Investment Funds to Hold Digital Assets

February 20, 2024

What is UXLINK (UXLINK)? – Bitfinex Blog

July 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.