Circular Economy Smart Contracts (CESC)
Smart contracts that automatically incentivize and reward closed-loop production processes, reducing waste and promoting resource efficiency. CESCs track the entire lifecycle of a product, from raw materials to end-of-life recycling, rewarding actors along the supply chain who contribute to circularity with increased profit margins and preferential trade terms. Includes embedded carbon accounting and offsets to reduce the environmental impact of cross-border trade.