Technology is always changing for the better, but sometimes, it can be difficult to keep up with all the modern trends. In fact, current technology can benefit all types of industries, even for people who don’t work on a computer all day. So, newer systems like Blockchain can even help the waste management industry. More and more companies are starting to use Blockchain for waste management to help track the waste problems in this world.

What is Blockchain?

Blockchain is a list of records that’s typically used to keep track of transactions. It’s created in a way that makes it near impossible to hack it or cheat the system. Overall, it’s an easy way to build a safe and efficient way of transferring data. Recently, Blockchain has been used more often to benefit our world in many ways, and Blockchain for waste management is one important way that it’s used today.

Here are a few examples of companies that use Blockchain to manage waste:

  • Recereum
  • SwachhCoin
  • 4New
  • OILSC
  • Plastic Bank

How Can Blockchain be Used for Waste Management?

Proper waste management should consist of observing the full life cycle of the objects companies throw away. That way, it’s easier to hold someone responsible for an object that’s not properly disposed of. Many companies struggle with their waste management simply because tracking this waste seems difficult. Some locations have more laws and standards for waste tracking than others, but regardless of what the standards are for your company, Blockchain can still be beneficial for waste management.

With Blockchain, all goods that are produced can be recorded as a transaction. This can give each individual product a unique identity. These products can carry an identification that cannot be destroyed, making it easier to trace waste back to a specific individual or company. Once that item has been used and properly disposed of, a new Blockchain transaction will be created.

This system means that if a product is littered in a public area, it can be traced back to the person responsible. Thus, it would help redirect litter to proper waste sites and punish those who don’t correctly dispose of their waste. Blockchain technology can help identify where specific waste comes from to help prevent improper waste disposal from occurring.

For companies just starting out with Blockchain, the costs for setting it up and running it could be overwhelming at first. Plus, the process of monitoring the waste and learning how to enforce waste management can also be trickier than it seems. However, it’s important not to shy away from new technology just because it’s difficult. It might take some getting used to, but it will ultimately make things easier and safer for our world.

Blockchain can be extremely beneficial for everyone because it means that harmful waste will be properly disposed of instead of hurting our environment. So, while Blockchain for waste management is a newer method, it should become the norm so we can better keep track of where the waste in this world is going.

Proper waste management can be tricky for those who aren’t familiar with it, but it’s an essential part of running a business. If you need help with your waste management needs, Hayward Environmental Consulting offers quick and efficient hazardous waste management. Contact us today for a no-obligation quote!