# Recycle2Trade

Canonical URL: https://vuesensing.com/recycle2trade/
Last modified: 2022-01-07T10:23:34

#### Project

#### Marketplace for second-life plastic materials

## The purpose

#### Recycle2Trade aims to provide support to clients in the form of data.

The intelligence from data is translated into a business advantage for the client, allowing them to trade more effectively.

#### The project will also help in the move towards a ‘circular economy’

For information, a circular economy is an economic system of closed loops in which raw materials, components and products are kept in use as much as possible. As a result, more of the 2 billion tonnes of waste produced globally on average per year will be recovered and reused.

## The Problem

#### Currently, only 8.6% of the world’s economy is circular.

A complete circular economy could generate a net economic gain of $4.5 trillion by 2030. This poses a huge opportunity for businesses in the sustainability and waste management sectors in particular. The challenge, however, is in how this can be most efficiently achieved.

## The Solution

#### Recycle2Trade uses a mix of open and proprietary real-time data.

The platform integrates business financial data and analytics, waste compliance data, transport rates and delivery time calculations, and indicative material prices.

![](https://cms.vuesensing.com/wp-content/uploads/R2T-MQ.png)

#### Material Quality Check

The platform’s material quality assessment solution will connect buyers and providers. The assessment will deliver standardised information on the quality and specification of the materials.

![](https://cms.vuesensing.com/wp-content/uploads/R2T-CC.png)

#### Compliance Check

A compliance-assured trading system to confirm the credentials of trading parties. Please see the ‘Open Waste Compliance’ Project page for more information.

![](https://cms.vuesensing.com/wp-content/uploads/R2T-TC.png)

#### Transport Cost

Transportation can account for a significant amount of costs in the waste management industry. Live information on the geographical position of the mobile device can enable local access to material, optimising transport costs.

![](https://cms.vuesensing.com/wp-content/uploads/R2T-MBM.png)

#### Material Map Browser

This feature allows for a simple, clean, fast and reliable user-experience for clients.

### Do you want to know more about this project?

Go to website