The Dfinity Foundation, a contributor to the Internet Computer blockchain (ICP), is collaborating with management consultancy Roland Berger to develop a global standard for incentivizing recycling activities. The initiative, called Voluntary Recycling Credits (VRC), aims to address the low recycling rates for global plastic waste.
Dfinity will build a product on the Internet Computer for the buying, selling, and trading of recycling credits, which can be tracked by recyclers and waste producers. Roland Berger believes that blockchain technology is critical to the success of the VRC initiative due to its decentralized model, which guarantees a transparent and secure record of recycling credits and transactions.
