EcoTrackX utilizes a combination of blockchain and IoT sensors to create an immutable ledger of e-waste movements.

Devices are tagged with IoT sensors that track location, condition, and relevant environmental data in real time.

This data is then logged onto a blockchain network, enabling all stakeholders, from manufacturers to recyclers, to access a secure and up-to-date track record of each item's lifecycle.

The platform includes a user-friendly dashboard for monitoring and analytics, simplifying compliance reporting and facilitating insights into the value recovery process.

EcoTrackX integrates advanced technologies to offer unparalleled transparency and security in e-waste tracking, setting new standards for traceability and compliance.

Its real-time data accessibility helps businesses avoid regulatory penalties and optimize material recovery, realizing economic and environmental benefits.

The integration of blockchain and IoT is not new, but applying them to the e-waste sector is innovative.

Initial costs involve developing IoT sensors and blockchain infrastructure, with a need to ensure scalability.

Regulatory acceptance hinges on the platform's ability to enhance compliance.

Market entry advantages include offering a cohesive system where existing fragmented solutions fall short.