How Web3 is Transforming Carbon Trading in Circular Tech
hackernoon.comCircular economy is the new big thing. Organizations that excel in processing "already processed" materials can position themselves as pioneers in innovative manufacturing. Carbon credits are produced, verified and sold in the market.
A Circular economy is the new big thing. Why? As our planet has finite resources, sustainable manufacturing practices are inevitable. Organizations that excel in processing "already processed" materials can position themselves as pioneers in innovative manufacturing, achieving higher profit margins while doing so. From a business perspective, the proposition is compelling: extracting substantial value from low-cost, end-of-life materials that would otherwise be discarded. Consequently, we are witnessing a surge in businesses that specialize in recycling, upcycling, and downcycling end-of-life products. These businesses not only reduce waste but also gain a new secondary revenue stream through the Carbon Credit Trade.
I’ll explain the process as we ...
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