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Blockchain technology is disrupting the energy, climate and environmental sectors across the globe. The technology works as a value exchange protocol. Transactions can be transfers of digital tokens representing currency, information or even the assignment of a library book ID. Blockchains are distributed across large, open, peer-to-peer networks, making them difficult to hack or fail. Because information changes are verified and immutably recorded across a network, records cannot be changed or tampered with.
Waste and recycling companies are utilizing this technology to reward people for recycling, solar energy generation, decentralizing energy and other waste management-related transactions. In this gallery, Waste360 has rounded up some companies that are part of the disruption when it comes to utilizing blockchain technology in the waste and recycling industry.