on SMX Ltd. (NASDAQ:SMX)
SMX: Advancing Circular Economy in Fashion and Electronics
SMX (Security Matters), a NASDAQ-listed company, is making strides in enhancing supply chain transparency and sustainability through its innovative technology. By integrating a chemical-based barcode with blockchain, SMX creates a "digital twin" for products, ensuring traceability from raw materials to recycling. This addresses global calls for a circular economy.
SMX has collaborated with major companies like Intel to showcase its technology's ability to safeguard the integrity of critical hardware components. Their method aligns with the Circular Electronics Partnership's vision to curb e-waste, supporting systemic changes in the design, manufacturing, and recycling of electronics.
The firm's holistic approach includes integrating various stakeholders in the supply chain, facilitating trust and accountability. It challenges current carbon credit systems by introducing the Plastic Cycle Token (PCT), promoting recycled plastics trading. By doing so, SMX paves the way for a market-driven path towards sustainable practices and a circular economy.
R. H.
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