Plastic Bank can provide real-time, audit-ready traceability for Social Plastic® feedstock and Plastic Credit Offsets with 18+ age-verified registered members. This is enabled through certified PlasticBank® app enabled locations throughout our supply chain, from input to output, in multiple countries at scale.
The PlasticBank® app is used to record the details of every exchange from our registered collection members to our collection branches, all the way to the processor who ships the materials for manufacturing. When the branch delivers the collected plastic to our processing partner, the processor issues a printed receipt showing the type and volume delivered to them. The PlasticBank® app and the Plastic Bank team validates the material received with the app recordings to unlock the bonus payments throughout the plastic chain.