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CirculariseSource

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Cerrado

Certifying recycled material while keeping market prices and allowing mass adopt...

Certifying recycled material while keeping market prices and allowing mass adoption Circularise offers a blockchain-based transparency solution to provide absolute proof for the circular economy, sustainability and recycling practices of manufacturers at any stage of the supply chain. Circularise enables value ch... ver más

30/09/2022

CIRCULARISE BV

2M€

Presupuesto del proyecto: 2M€

Líder del proyecto

CIRCULARISE BV No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Ver 2 Participantes

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2022-09-30

EIC-SMEInst-2018-2020: SME instrument

I+D

Cerrada hace 7 años

0% 70% 100%

Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

2 Participantes

CIRCULARISE BV

1.50M€ | Lider

CLARIANT IBERICA PRODUCCION

443.35K€ | Participante

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Duración del proyecto: 24 meses Fecha Inicio: 2020-09-21
Fecha Fin: 2022-09-30

Líder del proyecto

CIRCULARISE BV No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 2M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto Circularise offers a blockchain-based transparency solution to provide absolute proof for the circular economy, sustainability and recycling practices of manufacturers at any stage of the supply chain. Circularise enables value chain transparency without disclosure of datasets or supply chain partners. The portal uses decentralized, encrypted data to track material characteristics of products which are not distinguishable by disassembling the product, e.g. whether, and which proportion recycled materials have been employed. The system uses a virtual currency and chemical tracer to make supply chain transparency fraud-proof and certify materials. Different from paper-based information sharing which, in 65% of the cases, doesn't even go past tier 1 suppliers, the system does not require the entire supply chain to be known, cooperating, or certified. The technology decreases auditing and production costs due to a smaller number of audited parties. Validatable claims are traded directly from the material manufacturer to the brand owner no matter how far along the supply chain the manufacturer is. The resulting affordable recycled material will increase the market share of sustainable products and make them attainable for average customers. The possibility to increase revenue through circular economy business models makes it an intrinsically motivated development. The possibility to increase revenue through circular economy business models revolutionizes the sector turning it from a necessity due to external expectations to an intrinsically motivated development. The proof provided by Circularise allows monetization of the sustainability practices and creates an intrinsic motivation for circularity in our economy.

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