Digital platform for getting the most out of the exchange of used materials.
At the moment, materials and products that are in excess are not traded on a large scale in a structured way. Growing environmental pressure, consumer awareness, and circular economy goals put pressure on companies to do the right thing, so they need to expand their small-scale efforts. Excess Materials Exchange runs a B2B digital platform where companies can buy and sell any kind of extra materials, products, or waste streams. The platform matches materials with the best way to reuse them for the most money. The Resources Passport Module on the platform gives materials a name and collects data about them in a structured way, which makes it possible to find high-value ways to reuse them. The Tracking & Tracing Module lets users follow physical resource streams by linking them to their digital twins with identifiers (i.e. bar-codes, QR-codes, RFID chips). This lets people know when and where materials and products will be released. In the Valuation module, the financial, environmental, and social effects of materials are measured so that we can figure out which next-use application is best. Lastly, the Matchmaking Module uses Blockchain and AI to make it easier to find new uses for materials that are no longer needed.
Positive facts about Excess Materials Exchange (EME)
On average, 60% reduction of the environmental impact associated with end-of-life of materials and products
On average, 110% increase in the end-of-life financial value of materials and product
A CO2 emissions reduction of 123 kilotonnes CO2, which equals the emission of all citizens of Amsterdam (862,987) driving from Amsterdam to Milan (Pilot Report Data for 18 studied materials stream)
Water savings equal to the content of 860 Olympic-size swimming pools (Pilot Report Data for 18 studied materials stream)
An energy saving of 2,883 TJ, equal to the energy consumption of the city lights in Paris for at least 5 years (Pilot Report Data for 18 studied materials stream)
A potential creation of €64m in financial value and a reduction of €54m in environmental damage (eco-cost), resulting in a Total Value creation of €118m (Pilot Report -18 studied materials streams)
An average of 110% increase in the end-of-life financial value of materials and products (Pilot Report Data for 18 studied materials stream)
Video about Excess Materials Exchange (EME)
https://www.youtube.com/embed/O8XwvrSyark
Excess Materials Exchange (EME) website : https://excessmaterialsexchange.com/en_us/
