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Characterized by a fusion of technologies that is blurring the lines between physical, digital and biological spheres, the Fourth Industrial Revolution is fundamentally reshaping the way we live and work.
Owing to product design and inefficient waste management systems, only 14% of the world’s plastic packaging is collected for recycling and just 2% is recycled at similar quality levels.
Most of all, it requires public and private leadership to create a vision on how to scale them up across markets, ensuring room for local adaptation and an equitable distribution of burdens and benefits.
Artificial Intelligence Big Data Internet of Things Machine Vision Mobile Blockchain Value assessment tool for used products Tool allowing consumers/resellers to read a product’s condition, certify its value and assess most appropriate after-use pathway to increase trust and efficiency in second hand markets.
The tool should be set up as an interactive platform available across the industry, allowing re-users and recyclers to provide feedback on the circularity of designs (subject to data protection requirements).
How can we optimize collection and reverse logistics?