on SMX (Security Matters)
SMX Bolsters UN Plastics Treaty with Verified Circularity
The United Nations plastic treaty discussions face challenges from differing agendas. Over 100 countries and various organizations advocate for strict measures against plastic pollution, opposed by some industry groups favoring voluntary goals. Amidst this debate, SMX (Security Matters) offers technology to ensure these rules are enforced, enhancing material efficiency.
Political divides threaten to stall progress, with a US memo opposing production caps intensifying the issue. SMX introduces a solution to this trust deficit by embedding molecular markers in plastics, creating a digital passport tracking the material's life cycle, optimizing recycling and usage.
This system empowers organizations to verify compliance, supporting NGOs and regulators with unbiased data. SMX transforms compliance into economic opportunity through its Plastic Cycle Token (PCT), monetizing verified recycling efforts. This incentivizes adherence to environmental goals without compromising principles.
R. H.
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