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Printable Handouts
Navigable Slide Index
- Introduction
- Two questions
- Problems and solutions
- The problem
- Supply and value chain challenge
- The value of recycling
- Circular economy
- Resourcing / selling of recycled polymers
- Plastic waste: scale of the problem
- Outcomes of our work and learnings from the industry
- Multi-sensor IoT platform & DLT tools
- Managing commingled plastic waste
- Smart recycling supply chain
- Shifting gears: from chaos to cure
- Summary
- Questions
This material is restricted to subscribers.
Topics Covered
- The plastic pandemic
- Problems and solutions
- Supply and value chain
- The value of recycling
- Circular economy of plastics
- Multi-sensor IoT platform and Distributed Ledger Technology (DLT) tools
- Managing commingled plastic waste
- Smart recycling supply chains
Links
Series:
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External Links
Talk Citation
Sankaran, K. (2022, June 29). Plastic pandemic: how distributed ledger technology and the internet of things can create a circular economy of plastics [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved December 8, 2024, from https://doi.org/10.69645/WRSO4896.Export Citation (RIS)
Publication History
Plastic pandemic: how distributed ledger technology and the internet of things can create a circular economy of plastics
Published on June 29, 2022
20 min
Other Talks in the Series: Digital Transformation
Transcript
Please wait while the transcript is being prepared...
0:00
Hello.
I'm Krishnaswamy Sankaran,
CEO of Radical
Innovations Group.
We are into industrial and
regional transformations,
emphasising energy,
decarbonisation, circular economy,
and digitalisation of
value and supply chain.
This talk is about the role
of distributed
ledger technologies
and multi-sensor-based
IoT solution to
address one of the biggest
challenges of our times,
namely, the plastic
waste pandemic.
0:36
I would like to
begin this talk by
asking two related questions.
First, have you ever
wondered why we
call a solution to a
problem, a solution?
In other words, why do
we call an approach or
a procedure or a protocol
we use or employ
to address a problem a solution?
The second question is,
how do you differentiate
a good approach from
a not so good one?
These questions are
related to each other.
If you understand the
power of metaphors,
you will be able
to easily answer
both of these questions.
There is a compelling
reason, I believe,
why we call an approach to
solve a problem, "a solution."
I think it is because of the
ability of our approach,
method or procedure to
dissolve the problem
within itself.
1:37
Imagine a glass of water which
dissolves a spoon of salt.
In this case,
the spoon of salt is a
problem in our hand,
and the glass of water
is our solution.
Of course, this is only
half of an answer.
Do you know why?
Let me explain further.
Instead of water, we can
also use a glass of milk,
oil or any other liquids.
Some of them will be good ones,
some of them will
be less good ones.
The quality of our approach
depends on its ability
to dissolve the problem
at hand completely,
and its ability to not
precipitate other problems.
Imagine a situation when you
start dissolving a spoon of salt
and then you get other
unwanted residues
in the glass of water.
Of course, the particular
problem we just solved
has resulted in other
unwanted issues.
Hence, there is a good reason
for using this metaphor
and you will soon appreciate
the power of this
metaphor to identify
the good solution
to the problem at hand.
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