Bloomberg Law
June 27, 2018, 11:46 AM

Beyond Bitcoin: How Blockchain Could Help the Recycling Industry

Adam Allington
Adam Allington
Reporter
Sylvia Carignan
Sylvia Carignan
Reporter

The same technology that powers cryptocurrencies like bitcoin is slowly making inroads into waste management, and could even play a pivotal role in helping to keep recycling out of landfills.

Blockchain is a kind of super-secure digital ledger, where transactions are recorded chronologically and publicly. According to industry experts the technology could also make it much easier to track shipments of waste and recycling, and even help with regulatory compliance.

“The shipping of recovered materials is necessarily heavily regulated, and we’ve had a real impact in simplifying the process while remaining compliant,” said Jody Cleworth, CEO of Marine ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.