SMX and REDWAVE Forge Partnership to Transform Recycling Industry

SMX has signed a Letter of Intent with REDWAVE, positioning trust at the core of recycling processes. By integrating SMX's invisible markers with REDWAVE's high-speed sorting platforms, each piece of plastic gains a unique blockchain-backed digital passport. This aims to eliminate the uncertainty associated with recycled goods.

REDWAVE's systems, key in global sorting operations, will sort, certify, and upgrade recycled materials to commodities with real economic value. As recycled plastics gain certification, SMX's Plastic Cycle Token turns them into marketable digital assets. This shift could transform factory operations into valuable recycling hubs.

The collaboration sets a new precedent for recycling verification, marking a potential industrial revolution. This initiative is already underway, with Singapore leading as a model, and Europe preparing to adopt similar practices. This strategic move by SMX and REDWAVE could redefine recycling from a marginal activity to a prominent economic sector.