SMX Launches Four-Layer Digital Platform for Plastics

SMX (Security Matters) PLC has unveiled a four-layer Digital Material Passport Platform (DMPP) for plastics, designed to connect physical plastic with a digital identity, lifecycle data, markets, and circularity credits. The platform consists of four layers: Material, Passport, Market, and Credit. The Material layer embeds an invisible identity into plastic using molecular technology, ensuring it persists through various stages. The Passport layer links this physical identity to the DMPP, creating a digital record with information on origin, composition, and lifecycle events. The Market layer aims to enable verified recycled plastic to be traded as a real-world asset based on authenticated attributes. The Credit layer converts verified circular activity into a measurable economic outcome, potentially creating Plastic Circularity Credits. This platform aims to transform plastic from an anonymous commodity into an identifiable, measurable, and commercially useful real-world asset by providing verifiable data on its composition, origin, and lifecycle. SMX is also offering a global client experience and a free trial for companies to test the platform.