CIRCULARPORT and CIRCULARPASS: leveraging blockchain to promote the circular economy
Blue Room Innovation is a technology company: it comes up with technological solutions to sustainability challenges.
One of them is CIRCULARPORT. Ship-generated waste poses a significant threat to the marine environment and Blue Room Innovation has come up with an answer. This blockchain-powered waste management solution guarantees that waste is fully traceable at every stage, from generation to processing to final destination. It streamlines communication and data sharing between ships, port authorities and treatment plants and makes it easy for businesses to see where they can make improvements to their waste management practices. The company's end goal is to make every port circular.
CircularPass uses blockchain technology to help companies build transparent, circular supply chains. It creates Digital Product Passports which track products throughout their lifecycle, from raw materials to final disposal or recycling. It's a platform which aims to make supply chains circular by returning recycled material to the production process. As with CIRCULARPORT, this solution provides a totally transparent and reliable record of what happens to each product and so facilitates improvements in production processes.
- Digital product passports will become increasingly common, and this technology supports them.
- These two solutions harness the benefits of blockchain technology to track waste and supply chains, thereby enabling companies to see exactly where they can plug gaps and improve their processes.