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How Companies are Using Blockchain to Disrupt the Environmental Sector

Waste360 has rounded up some companies that are utilizing blockchain technology in the waste and recycling industry.

Blockchain technology is disrupting the energy, climate and environmental sectors across the globe. The technology works as a value exchange protocol. Transactions can be transfers of digital tokens representing currency, information or even the assignment of a library book ID. Blockchains are distributed across large, open, peer-to-peer networks, making them difficult to hack or fail. Because information changes are verified and immutably recorded across a network, records cannot be changed or tampered with.

Waste and recycling companies are utilizing this technology to reward people for recycling, solar energy generation, decentralizing energy and other waste management-related transactions. In this gallery, Waste360 has rounded up some companies that are part of the disruption when it comes to utilizing blockchain technology in the waste and recycling industry.

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