TradeChain a BlockChain Intelligent Assets Solution for Unlocking the Circular Economy Potential
TradeChain allows the incorporation of intelligent assets into the built environment goes beyond improving energy efficiency. It is reshaping both asset utilization and material management within the sector.
TradeChain connects infrastructures components to enable the wider use of performance contracts and predictive maintenance schemes while at the same time dramatically increasing the potential for improved asset utilization through sharing.
TradeChain entails a built environment that is flexible and modifiable and which, through its interconnectivity, can feed wider systems (the city or the traffic grid) with information that enhances both traffic management and urban planning.
TradeChain Intelligent Assets are incorporated into the built environment TradeChain allows uilding service providers and construction companies that are already using IoT to optimize the energy efficiency of buildings and larger communal systems (such as street lighting). Large building service providers, such as Johnson Controls and Honeywell, use IoT to help the tenants of their buildings to reduce the cost of their energy bills, while enabling utilities providers to better plan their energy production and avoid wasteful peaks.
TradeChain is changing how materials are maintained and reused In a more novel approach, intelligent assets are now increasingly being deployed to address the sources of waste and resource inefficiencies at several stages across an asset’s use cycle.
TradeChain allows knowing the location of building components as well as their condition gives asset owners unprecedented monitoring capabilities, enabling both new business and financial models. TradeChain Fosters models to enable extended use cycles of buildings as well as improved potential to loop or cascade building components and materials in new use cycles at the end of the infrastructure components use