Product data traceability from cradle to cradle by blockchains interoperability and sustainability service marketplace
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In EU a garment is worn an average of 3 times in its life, with €400 Bln lost a year discarding clothes which can still be worn and 92 Mln tons of waste, 87% of clothes ending up in landfills. But due to growing awareness on ethical and environmental impacts, 66% of consumers are ready to pay more for sustainable products . TRICK will provide a complete, SME affordable and standardised platform to support the adoption of sustainable and circular approaches: it will enable enterprises to collect product data and to access to the necessary services on a dedicated marketplace, open to third party solutions. TRICK demo will be run in 2 highly complex and polluting domains: textile-clothing as main pilot and perishable food for replication. EC estimates that up to 10% of the 88 million tons of food waste generated annually in the EU are linked to date marking, with associated costs estimated at €143 billion. Secured traceability will rely on the data needed for the preferential certification of origin (PCO), used for duty calculation. It will be certified by Customs as member of the consortium, representing anti fraud public forces. The data extracted by the fiscal documents for the PCO will be integrated with the bill of materials, saved in the Blockchains (BC) per each lot of production to grant traceability continuity, and with the additional ones to enable the six services provided by TRICK: traceability, circular assessment, PEF, health and social assessment, A.I. for anti counterfeting. BC will secure information through the whole process, ending to consumers for informed purchasing. Data confidentiality and privacy will be granted by the exploitation of Blockchains smart contracts while the adoption of different technologies will be solved by the development of Blockchain interoperability connectors between the two BC providers. End users will cover the whole TC value chain, from raw materials to recycling.