Circular Economy Innovators Mattereum Announce Blockchain-powered Marketplace for Net-Zero Physical Goods and Services
GLASGOW, Scotland, November 04, 2021– (COMMERCIAL THREAD) –Digital circular economy leader Mattereum comes to COP26 to launch its vision of building a new global market for efficient reuse of the world’s manufactured products.
Mattereum’s vision of a net zero planet with minimal waste will be fueled by the world’s first fully net zero blockchain developed by its partner Ava Labs. The channel has an incredibly low energy consumption and all of its emissions will be offset.
Mattereum is showcasing its breakthrough technology during three events at COP26, which will include panel discussions with Matt Kistler, Managing Director of MBDC and President of McDonough Innovation, Circular Economy Pioneers, and Barbara Dietrich, CEO of Diplomatic World, among other prominent speakers.
“Humanity must rethink its relationship with manufactured goods,” said Mattereum CEO and author of The future of stuff, Vinay Gupta. âTens of billions of tonnes of new products are produced each year, most of which are unnecessary, creating enormous waste which in turn results in vast carbon emissions. A circular economy market that enables the efficient reuse of existing products can dramatically reduce humanity’s total carbon. while improving the quality of life and access to goods and services for everyone around the world. “
Mattereum’s vision is to abandon the current âtake, make, throw awayâ cycle where consumers buy products designed to depreciate themselves and are left in the dark about where they come from and the ecological footprint of the manufacturing and processing processes. ‘shipping.
Mattereum will reverse this outdated model by shifting the incentives for manufacturers and consumers towards total sustainability: everything produced will be sustainable and built to last, meaning that long-lived products can be resold and reused by the user. after user. many years. Manufacturers profit from the repair of their products, while consumers profit from their resale.
Mattereum has pioneered the blockchain trade by appreciating physical assets such as fine art, gold bars, and collectibles for clients such as Star Trek’s William Shatner and the recent fame of space launches at beginning of 2021 and extends this technology in the field of the circular economy.
The key to this revolutionary model is Mattereum’s first global digital circular economy marketplace, using a net zero blockchain to continually link objects to their provenance and specifications so that their quality and resale price can be properly assessed. and with precision. Mattereum’s platforms and technological innovations will enable sellers to document their goods, verify their authenticity and preserve their value. The end result is that nothing ends up as unnecessary waste in a landfill, while emissions and the environmental damage that accompany them are dramatically reduced.
Notes to Editors:
Mattereum at COP26
By partnering with HubCulture, McDonough Innovation and Diplomatic World, Mattereum will host a Conversation Series in Glasgow during the summit at Cultural HubBase (ICEHub) at 54 – 62 rue Sauchiehall, Glasgow G2 3AH:
The circular economy: finance and data for a bountiful regenerative future
Thursday November 4, 10 a.m. – 12 p.m.
On the impact and the need to encourage consumer goods suitable for reuse markets – global solutions. Hosted by Mattereum and McDonough Innovation.
Diplomacy, Politics and Technology: The Three Futures of Climate Action
Tuesday November 9, 5:00 p.m. – 7:00 p.m.
Global diplomacy, technology and climate change – technology must save the planet – nothing else will. Hosted by Mattereum and Diplomatic World.
Green BlockChain, green economy
Wednesday November 10, 5:00 p.m. – 7:00 p.m.
How Blockchain Could Save, Not Destroy, the Planet. Clear, clean and capable – transparent carbon accounting on a carbon neutral blockchain – available now; with Mattereum and Ava Labs.
About the Mattereum
London-based Mattereum is an impact-driven, venture capital-backed tech company with a new protocol for digital commerce. We strive to change the world by redefining the relationship between physical assets and distributed digital commerce. Founded in 2017 by a transdisciplinary team with experience in designing and launching infrastructure at the national state level, and led by former Ethereum Releases Coordinator Vinay Gupta, Mattereum is the global leader in design systems for digitally representing and exchanging valuable real-world assets. including fine art, gold and real estate. More than: http://www.mattereum.com
Mattereum asset passports
The Mattereum Asset Passport is a third-party verified digital identity for physical objects stored on the blockchain. They can be assigned to a wide range of asset classes including fine art, collectibles, luxury goods, aviation parts, consumer electronics and many more.
The Mattereum Asset Passport brings together legal and digital agreements that denote true ownership of an object while providing secure digital provenance, certificates of authenticity, insurance frameworks, and dispute resolution. These smart legal agreements are cryptographically signed and chain secured and stored in distributed storage networks such as IPFS.
About McDonough Braungart Design Chemistry (MBDC)
Founded in 1995, by architect William mcdonough and chemist Dr Michael Braungart, MBDC argued for endless ingenuity, Cradle to cradle approaches. In the 2002 book Cradle to Cradle: rethinking the way we do things, William McDonough and Michael Braungart presented an integration of design and science that put forward a design framework characterized by three principles derived from nature that inform our designs at all scales: everything is a resource for something. ‘other ; use clean and renewable energies; Celebrate diversity
MBDC transferred an exclusive license for the certification program and methodology in 2010 to Cradle to Cradle Product Innovation Institute, co-founded by William McDonough and Michael Braungart. The Institute reviews product reviews conducted by reviewers such as MBDC and issues certifications as an independent, third-party, and not-for-profit organization.
About the diplomatic world
Diplomatic World is an international luxury business magazine located in Brussels, Belgium. It stands out as the bridge between the different worlds of economy, finance, politics and diplomacy. As the diplomatic magazine of the diplomatic capital of the world, it benefits from a bilingual (French & English) quarterly publication of 20,000 copies.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211104005805/en/
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