Blockchain technology in Power Batteries for Recycling and Traceability
Supraja
Blockchain provides a secure and immutable ledger, which ensures that the data regarding the lifecycle of power batteries, from production to recycling, is accurately recorded and easily traceable.
By utilizing blockchain, stakeholders can track the health and status of batteries, making it easier to identify when they should be recycled. This leads to more efficient recycling processes and better resource management.
The technology helps in preventing the circulation of counterfeit batteries by providing a transparent record of the battery's origin and history, ensuring authenticity and quality control.
Blockchain enables decentralized data management, which enhances privacy protection and reduces the risks associated with centralized data storage, such as data breaches or manipulation.
The adoption of blockchain in power battery supply chains supports the development of a circular economy by facilitating the echelon utilization of retired batteries, thus maximizing economic benefits and sustainability