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SABIC uses blockchain technology to launch a pilot project on the traceability of recycled raw materials

 Last Update: 2022-08-16
 Source: Internet
 Author: User

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Tracing raw materials through the complex petroleum-based plastics value chain is a daunting ta.

Part of SABIC's TruCircle portfolio and services, the project is the first in the industry to track raw material production to product, taking it a step further than previous industry applications of blockchain for end-to-end tracki.

Another key advantage of blockchain technology in providing more sustainable solutions lies in its ability to verify sustainable ESG certificat.

Waleed Al-Shalfan, Vice President of Polymer Technology and Innovation at SABIC, said: “At SABIC, we are deeply committed to innovation and developing technologies that help us deliver more sustainable solutions to our use.

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