New recycling solution boosts circular economy

New recycling solution boosts circular economy | Daily Tribune

IRS adds to ongoing local initiatives such as eco-hubs, recyclable exchange stations, and mall-based collection programs. It connects users, collection, sorting, regeneration and monetization through one digital platform, integrating online and offline operations into a full closed-loop chain.

By combining an app/web interface with smart recycling bins, Internet of Things sensors, artificial intelligence-supported sorting, and direct links to recyclers and regeneration plants, the IRS also reduces intermediaries in the traditional scrap chain.

The recycling station online manager serves as the IRS administrator who expand community participation by helping onboard more users and coordinate collections to earns commissions.

Residents can participate by booking pick-ups through RET’s app or website, or by scanning a QR code at smart recycling bins to drop off items such as plastic bottles and other recyclables, with instant settlement in cash or points.

By connecting plastic waste directly with recycling, granulation and manufacturing partners, RET helps keep materials in circulation longer, turning discarded packaging into feedstock for new products instead of landfilled or burned waste.

Combined with existing Philippine programs that convert plastic into eco-bricks, boards and other construction materials, the entry of an internet-based recycler can strengthen a broader ecosystem where citizens, businesses, and local government units all profit — economically and environmentally — from keeping plastics out of nature.

Lasts year, the digital recycling platform Plastic Bank was also introduced in the Philippines offering livelihood to users through recycling and marketing products derived from recycled plastic waste.

Plastic Bank is a Canadian social enterprise that operates a blockchain-secured platform and app to pay collectors for plastic and sell the recovered “Social Plastic” as recycled feedstock to partner brands. The Plastic Bank app functions as a fintech tool and digital wallet for collectors and branches, recording every plastic transaction and enabling tokenized rewards that can be exchanged for cash, goods or services.