As climate-change initiatives make headlines nationwide, entrepreneurs and conservationists are combining blockchain technology with sustainability in Miami. Sea Sweepers Foundation is an organization that wants to use the blockchain to create a sustainable supply chain and show clients the origin of their recycled plastic. It was founded one year ago and launched last quarter.
Simply put, a blockchain is a chain of information stored in a computer that can't be edited. It's closely associated with Bitcoin and other cryptocurrency transactions, but other industries have adopted its use. The blockchain's main draw is its ability to efficiently show the start and end of a process, allowing companies like Walmart and IBM to use it for product tracking.
Sea Sweepers plans to use the blockchain to verify the authenticity of a recycled product. In other words: How do you know this "recycled" tote bag is really recycled? That's precisely the information Sea Sweepers intends to provide with...
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