MTI announces blockchain for UK recycling - Ledger Insights

Yesterday British digital logistics firm Marine Transport International (MTI) announced the release of its blockchain solution for recycling waste. Built in collaboration with The Recycling Association, Traca is a distributed ledger technology (DLT) based tool for waste supply chain documentation. Traca has already completed a successful trial, managing seven shipping containers of paper from the UK to Thailand. The British firm, CS Recycling, praised the tool for reducing its usual admin time from hours to minutes. Waste material is one of the nation’s biggest exports. To remove recyclable waste from the UK, verifiable documents regarding the mass and content of each shipment are needed. Reliance on paper and lengthy authentication can lead to unnecessary costs and delays.

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