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

Michael Burry’s Short-Term Investment in the AI ​​Market: A Cautionary Tale Amid the Tech Hype

November 19, 2025

BTC Rebound Targets $110K, but CME Gap Cloud Forecasts

November 11, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025
Add A Comment

Comments are closed.

Recent Posts

10 Best Altcoin Prop Trading Firms 2025

November 19, 2025

Phemex Launches $6 Million, Multi-Venue Festival To Celebrate Its 6th Anniversary

November 19, 2025

Kraken strengthens its global strategy as Citadel joins a new wave of investment with $200 million in funding.

November 19, 2025

Unlock Instant Liquidity Without Selling Your Crypto

November 19, 2025

Ethereum price crashes to $3,000 amid market shakeup, with analysts warning of volatility ahead.

November 19, 2025

Michael Burry’s Short-Term Investment in the AI ​​Market: A Cautionary Tale Amid the Tech Hype

November 19, 2025

Bessent called for a reconsideration of taxes on cryptocurrency staking rewards.

November 19, 2025

Introducing Filecoin Onchain Cloud: Verifiable, Developer-Owned Infrastructure

November 18, 2025

Vault12 Guard now uses the CXP industrial protocol to retrieve iOS credentials from Apple Password.

November 18, 2025

The XRP Community Is Exploding! Investors Are Achieving An Average Daily Return Of $3,777 Using Anchor Mining!

November 18, 2025

Bitcoin price risks hitting a deeper bottom — unless this happens.

November 18, 2025

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

10 Best Altcoin Prop Trading Firms 2025

November 19, 2025

Phemex Launches $6 Million, Multi-Venue Festival To Celebrate Its 6th Anniversary

November 19, 2025

Kraken strengthens its global strategy as Citadel joins a new wave of investment with $200 million in funding.

November 19, 2025
Most Popular

Cristiano Ronaldo faces class action lawsuit for allegedly promoting unregistered securities Binance

November 29, 2023

Yuga EXEC warns of ‘True Bear Market’ ether prices like whales.

March 11, 2025

HTX Ventures: Crypto Market enters the dollar as a new policy -centered era, legalization and core themes.

May 8, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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