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KleanLoop, A Decentralized Blockchain DApp, Is Creating Transparency in Tyre And Plastic Recycling

Klean Industries Inc. (“Klean”) is pleased to announce the development of the KleanLoop, a Blockchain-based platform, that now enables transparency across the waste to energy, resource recovery and recycling industries. Klean has completed its initial pilot testing phase over the past six months. Beta testing is also complete, and when released live, the KleanLoop will enable recycling companies to transmit essential information on waste and recyclables to all stakeholders within the value chain in a reliable and transparent manner.

 

The KleanLoop is a mobile DApp (decentralized application) interface which is powered by Klean’s proprietary Artificial Intelligence system known as “Arnold,” who enables all users of the platform to gain access, participate and monetize value in the tokenized waste economy with “KleanCoin,” the KleanLoop’s utility token. This waste exchange platform will allow consumers, enterprises, entrepreneurs and governments to achieve a rapid shift towards a trusted, sustainable world economy through incentivization. The KleanLoop provides a transparent and secure marketplace that enables instant peer-to-peer solutions, incentivizing user’s actions that will drive better decisions about the management of waste, the recovery of resources and the production and consumption of energy.

 

 

The waste and recycling industries are complex. The KleanLoop automates the data flow and transactions between different parties, utilizing smart contracts verifying the authenticity of the data. By doing this, the KleanLoop provides clear operational cost savings not just between all parties that use the KleanLoop DApp but for the environment as a whole.

 

ABOUT KLEAN: Klean Industries comprises an international team of award-winning experts with decades of experience in the design, manufacturing and deployment of alternative energy solutions, including clean power production, waste management, recycling, and resource recovery.

 

Source: Klean Industries