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SMX Collaborates with A*STAR to Revolutionize Global Plastics Recycling
SMX (Security Matters) Public Limited, in partnership with Singapore's A*STAR, is making significant strides in the field of plastics recycling. As the global supply chains face challenges like resource competition and geopolitical tensions, controlling and verifying recycled materials has become crucial. Nations like Singapore aim to lead this new frontier with SMX's technology.
The existing recycling framework primarily focused on PET bottles, neglecting other materials like industrial polymers. SMX addresses this gap by embedding molecular markers directly into various materials, creating a verifiable digital passport for each item. This system implements compliance and material efficiency, ensuring authenticity and real-time tracking.
SMX introduces the Plastic Cycle Token (PCT), a digital asset framework monetizing verified recycled content. Singapore adopts this approach to establish a national plastic passport program, setting a global example in plastics circularity. The initiative not only meets environmental goals but also enhances economic sovereignty by creating market value from recycled materials.
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