Archive for the Blockchain Category
We have the tools right now to create electronic products using a circular economy model:
1. Start by validating the supply chain on a blockchain:
a. Reduce/eliminate counterfeits
b. Prevent use of conflict minerals
c. Create sustainable products by protecting societies and the environment throughout the supply chain.
2. Use RFID in the manufacturing process to improve quality and efficiencies and reduce cost.
3. With the fast uptake in use of RFID for enterprise IT asset management (inventory efficiency, loss prevention), outfit enterprise IT equipment with RFID as a differentiator in addition to meeting the growing demand for sustainable IT products.
4. Offer end of life services by teaming with a responsible e-recycler who can maximize recovery by accessing product and materials info from the RFID tag and also have final recovery of all hazardous shipments validated on a blockchain.
YOU HAVE JUST CREATED AND MANAGED A FULLY SUSTAINABLE ELECTRONIC PRODUCT.
Thoughts? Questions? Comments?
Let’s do it! Contact me.
In 2008 I changed the name of my consultancy to TransparentPlanet with the intention of developing a platform for tracking the downstream ‘supply chain’, or where scrap and materials go when they leave an electronic recycling facility. At the time it was entirely ‘doable’, but with the cost and complexity there was no market.
Enter 2016 when Blockchain, the database that validates financial transactions for Bitcoin, began to get recognized for its ability to track all kinds of transactions. Wikipedia describes blockchain as being “secure by design and an example of a distributed computing system with high byzantine fault tolerance. This makes blockchains suitable for the recording of events, medical records, and other records management activities, identity management, transaction processing, and documenting provenance’ (a product’s origins).
Open-source blockchains can now be used to economically track materials and products.
Want to learn more? Join in the conversation at Blockchain for Sustainable Supply Chains.