A BlockChain Intelligent Assets Solution for fostering the Circular Economy Potential. The circular economy is a $4.5 trillion opportunity, it presents huge potential for global economic growth and will also accelerate society towards a sustainable future.
This is the biggest opportunity to transform production and consumption since the First Industrial Revolution 250 years ago. By unleashing circular innovation, we can boost the global economy’s resilience, support people and communities around the world and help fulfill the Paris Agreement and the UN Sustainable Development Goals
TradeChain is also based on BlockChain and Internet of Things (IoT), are two of the most popular and powerful emerging technologies currently and the most suitable to solve the problem arising from Waste Management.
TradeChain allows the incorporation of intelligent assets into the built environment goes beyond improving energy efficiency. It is reshaping both asset utilization and material management within the sector.
TradeChain connects infrastructures components to enable the wider use of performance contracts and predictive maintenance schemes while at the same time dramatically increasing the potential for improved asset utilization through sharing.
TradeChain entails a built environment that is flexible and modifiable and which, through its interconnectivity, can feed wider systems (the city or the traffic grid) with information that enhances both traffic management and urban planning.
TradeChain Intelligent Assets are incorporated into the built environment TradeChain allows uilding service providers and construction companies that are already using IoT to optimize the energy efficiency of buildings and larger communal systems (such as street lighting). Large building service providers, such as Johnson Controls and Honeywell, use IoT to help the tenants of their buildings to reduce the cost of their energy bills, while enabling utilities providers to better plan their energy production and avoid wasteful peaks.