Some people often accuse Bitcoin of not being environmentally-friendly enough. What they can’t do, however, is to accuse the blockchain technology of not being useful for eco-friendly campaigns. Right now, the Dutch company Waste2Wear is doing that.
Waste2Wear, as you might imagine because of the company’s name, is focused on creating fabrics from waste found in oceans. Now, the company is hosting an exhibition of its products in Paris during the Premiere Vision textile fair.
All the clothing presented during the event are made with recycled materials and they can be traced using the blockchain technology. A whole blockchain tracking system was created so that people can track the materials that were used to create eco-friendly clothes.
One of the main advantages of this technology is that it removes tons of plastic from the ocean. According to the company, several steps have to be taken in order to properly collect the material and finish the product. With blockchain technology, the complete process is tracked at each step, which serves both the company and its clients.
While the clients can understand more about the history of the products, the company can find any inefficiency within the system and remove it.
All the plastic used by the company comes from the ocean and coastal areas near Shanghai. Fishermen are paid to collect the garbage and deliver to the company, which also helps them to get more income. According to Waste2Wear, over three tons of waste are produced every week.