MIAMI, FL / ACCESSWIRE / December 30, 2024 / Forget the long debates- the bottom line consensus from both sides, despite the in-between rhetoric, is that there is an urgent need to transition from a linear to a circular economy. Ironically, as both sides pitch ambitious and sometimes far-fetched ideas on how to accomplish this monumental feat, a solution is already available. It comes from publicly traded Security Matters (NASDAQ:SMX), a company exploiting a unique niche by addressing global sustainability challenges through groundbreaking technology that can foster supply chain transparency, traceability, social accountability, and material authenticity.
SMX's technological innovation lies in its ability to digitize physical objects by combining a chemical-based barcode with blockchain technology to create a "digital twin." This powerful solution allows for tracking, tracing, authenticating, and verifying materials and products across their entire lifecycle. From raw materials to recycling, SMX can provide precisely what the conference leaders are asking for-the tools industries need to achieve a circular and closed-loop economy.
Not all companies are in the dark. SMX has completed several proof-of-concept partnerships with global business giants, including PepsiCo, Brink's, Continental, and Intel. The common thread among all is demonstrating a reliable supply chain integration solution to protect against tampering with virtually any material, including liquids, metals, fabrics, and motherboards. Yes, motherboards.
Its partnership with Intel proved it can verify the integrity of critical hardware, with SMX's technology enhancing product security by mitigating risks associated with counterfeiting and unauthorized alterations. That result may lead to more deals.
A Vision for Circular Electronics
That's likely. SMX's proven outcomes align the company with the Circular Electronics Partnership's (CEP) vision of a sustainable and economically viable circular electronics industry. The electronics sector faces a surge in demand due to increased digital transformation, particularly in emerging markets. However, the linear production, use, and disposal model generates vast amounts of e-waste, contributing to resource depletion and environmental harm.
Like in the commodity markets, the transition to circular electronics demands systemic change across design, manufacturing, and recycling processes. SMX's digital twin technology addresses key pain points by enabling transparency, efficient resource use, and the verification of sustainability claims. By embedding traceability and accountability into supply chains, SMX empowers stakeholders to make informed decisions that prioritize circularity.
More importantly, the technology closes a gap between a fragmented and punitive regulatory approach to mandating sustainability. For example, Los Angeles County's lawsuit against major beverage companies highlights the challenges posed by complex recycling mandates. While such measures have good intentions, they often fail to address the systemic barriers preventing effective recycling.
A Unified Approach to Sustainability
SMX's approach offers a cohesive solution. By integrating collection agents, recyclers, and manufacturers into a unified system, SMX's technology incentivizes participation across the supply chain. Its ability to create verifiable, unalterable records of material provenance ensures that all stakeholders-from corporations to consumers-can trust the authenticity and impact of sustainability initiatives. This collaborative model could serve as a blueprint for addressing recycling challenges at scale.
SMX's innovations could also challenge the efficacy of traditional carbon credits in addressing plastic waste. While carbon credits focus on reducing emissions, they often overlook the complexities of plastic recycling and reuse. SMX's Plastic Cycle Token (PCT), a model that could be used in other markets, offers an alternative by enabling open-market trading of recycled plastics, creating a tangible economic incentive for circular practices.
Unlike taxation or government-imposed quotas, SMX's solution empowers industries to self-regulate, leveraging market dynamics to drive sustainable behavior. The PCT not only facilitates transparent reporting but also bridges the gap between sustainability goals and actionable outcomes. By fostering market-driven accountability, SMX positions itself as a leader in transforming recycling into a commercially viable and scalable practice.
A Giant Step Toward a Circular Economy
By allowing coordinated efforts to create a circular economy across geographies and industries, SMX could turn that global ambition into practice faster than many think. That can result from its solutions embodying the principles outlined by the CEP and being specifically designed for circularity, responsible business models, and robust recycling systems.
Indeed, as the world accelerates toward digitization, the need for innovative solutions to manage resources responsibly has never been greater. SMX's pioneering technology not only supports industries in meeting regulatory requirements but also unlocks new opportunities for value creation.
In other words, instead of world leaders and decision-makers making long speeches about a problem they want to solve, they can stop, look, and listen to real-world, real-time solutions, like SMX's, that can do the job.
About SMX (Security Matters) Public Limited Company
As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.
Forward-Looking Statements
The foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Forward-Looking Statements (Other)
The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.
Additional Disclaimers and Disclosures: This is sponsored content. Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce and distribute digital content for SMX Ltd. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares and has never owned stock in SMX Ltd.. While HPM does not own or market shares, it is prudent to expect that those hiring HPM including that company's owners, employees, and affiliates, may sell some or even all of the SMX Ltd. shares that they own, if any, during and/or after this engagement period. Always do your own due diligence prior to investing in any publicly traded company. For a full disclaimer and disclosure statement, click HERE.
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Contact Information
Ken Ellis
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SOURCE: SMX
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