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Can recycled plastic steady everyday prices? SMX builds a tradable model
SMX (Security Matters) PLC has introduced a new model that tokenizes recycled plastic to stabilize consumer goods prices. The company uses molecular marking technology and blockchain to digitize and verify recycled plastic as Plastic Cycle Tokens (PCT), creating a tradable asset. This initiative aims to reduce procurement costs, streamline supply chain verification, and offer a new revenue stream for verified recycled materials, especially important in times of geopolitical and energy-induced inflation.