PepsiCo has just announced a new partnership with the ESG unicorn, SMX.
Let’s discuss 👇🏽
1/
SMX’s patented technology gives all materials a physical and digital memory of its origination and history so it can be recycled, reused, and authenticated multiple times.
SMX has developed a #blockchain
powered recycling conveyor that can identify plastics during the recycling process using its chemical marker, enabling product identification and traceability.
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PepsiCo will be using SMX’s invisible marker system in waste sorting to track closed loop recycling and verify sustainability claims for all their plastic materials.
This announcement comes as SMX secures Nasdaq SPAC listing that values the company at US$200 million, 14 times its valuation on Australia’s ASX stock market.