Satma CE is a web based software that also uses blockchain and has the ability to solve for complexity of data management, build trust, provide incentives and help collaboration between various stakeholders.
Increasing consciousness towards the resource and global waste crises have given a boost to sustainable waste management. With the introduction of institutional aims such as: ‘circular economy’, ‘zero waste’, ‘closing the loop’, ‘resource efficiency’ etc., a lot of resources and waste streams that were once sent to landfills or incinerated are now reused, recycled or recovered.
“Tracking waste and monitoring the stakeholders of the waste as it moves through the supply chain is a complex undertaking."
Traceability & its legal requirements in waste management.
We have seen a number policies being introduced across the globe that seek to facilitate widespread transition to sustainable waste management. Various laws and policies such as: the European commission 2020, the anti-wastage and circular economy law of France 2020, UK plastic packaging tax, and closer to home in the form of PWM rules have been adopted. Central to many of these policies is the monitoring of waste as it is turned to resource. Being able to give legitimate proof of the authenticity of raw material used in products is imperative when complying with existing laws and policies.
Waste management process involves various steps that are handled by multiple participants of the waste value chain, such as: collection, segregation, transportation, recycling, reuse, disposal and analysis of waste data. The sheer volume of waste, heterogeneity of processes, magnitude of data management, coordination with each player of the specific waste value chain makes tracking of waste to worth with proof unfeasible.
Tracking waste with all the complications today requires more practical solutions than currently are widely implemented. The existing systems leveraged to manage and record data for waste are highly disintegrated and face several challenges because of a lack of means to adequately understand what data needs to be collected, who the stakeholders and the standard categorisation of waste as predefined by policies.
Real time waste tracking through Blockchain.
Within waste management, blockchain has the ability to solve for complexity of data management, build trust, provide incentives and help collaboration between various stakeholders. It can be used as a decentralised technology that can assist in securing data and transactions by storing and processing data in a highly reliable, secure, transparent, and trusted way over the web- accessible and verifiable by any third party.
You may be an important part of the waste supply chain, a core part of creating the circular waste ecosystem, but how do you prove it?
Satma CE- a blockchain based software focusses on waste supply chain management and for the various participants in the waste value chain. It tracks the movement of waste from the time waste is deposited in a waste collection centre by either a waste-picker, an aggregator, through the waste value chain to the final disposal or manufacture of product made from the recycled waste- thereby tracking the circularity of the waste. It offers various opportunities today- offering clarity in the waste touch points, recycling process, usage in the final products; while supporting laws and policy goals, maintaining anonymity and privacy for all institutions and individuals with integrated inventory management and profitability analysis.
The software is equipped with recording data at every stage of the waste supply chain, creating a platform wherein each player using Satma possesses their information about the product’s process and journey. It not only concentrates on the external activity like the movement of product from processes, but it also records data internally and while producing the product. Right from the collection of waste, the process of segregation, washing and cleaning to recycling, making a new product from the waste, selling, distribution and delivery are recorded and can be analysed internally to understand the overall profitability at each stage in the waste management supply chain.
Working closely with stakeholders.
Proper management of waste requires close coordination and collaboration with the involved stakeholders, making it important to get a buy in from the participants- such as the collection facilities, segregation facilities, transporters and recyclers. This is not a one solution fits all industry. However, most waste management softwares existing today ignore the core requirements of these participants. We work closely with each stakeholder we are deploying the solution for to provide customisation of the software to suit their unique processes.
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