Vehicle tyres represent a significant global waste problem. Every year 1.5 billion tyres reach the end of their useful life. They may be retreaded and reused up to a certain point, but not indefinitely. It is difficult to process used vehicle tyres for any form of recycling, because they consist of a combination of materials: natural and synthetic rubber, textile and wire, with all these components being in an unbrea- kable chemical connection (vulcanisation). They cannot be biologically degraded, therefore tyres cannot be naturally composted, and we use an increasing number of them every year.
For numerous developed countries it is cheaper to transport the tyres abroad than to recycle them domestically. This fact increased the international trade in rubber waste from 1.1 million tonnes in 2013 to nearly 2 million tonnes in 20181, which corresponds to 200 million tyres.
It is now time to consider their environmen- tal impact. Those companies that undertake a leading role in this matter will achieve significant growth on the global market. Companies can no longer focus on a single goal: profit. It is essential to consider the priorities: PEOPLE, Planet, Profit.
More than 300 million tyres were disposed of
in the European Union in 2020. The available landfill space is decreasing rapidly because tyres do not decompose, and have significant damaging consequences.
Apart from this high energy consumption and investment into processing equip- ment also increase the costs of recycled tyres. Therefore an environmentally friendly, efficient and low-cost processing method needs to be urgently found in order to create an ideal recycling technology.
The appropriate treatment of waste tyres has become a global challenge. The proper neutralisation of tyres is not only advantageous in terms of environmental pollution, but it will also solve a significant rubber supply shortage.
Re-Tyre has created a solution that integrates both the blockchain and green techno- logy for the efficient treatment and recycling of tyres, and is also providing a global marketing platform for companies trading in waste tyres.
Our goal is to achieve and hold a leading position in the rubber waste treatment sector in order to recycle waste tyres globally, integrating our green technology with the most recent blockchain.
Re-Tyre (RTR) is being integrated into the Ethereum blockchain system, which is well known for its decentralised approach and runs intelligent contracts to bridge a secure connection between the Re-Tyre owners and token holders
As a result of the use of the blockchain the Re-Tyre will increase the efficiency of global waste tyre treatment, ensures the accountability of logistics and producti- on, as well as the recycling of the raw materials in the tyres. Re-Tyre also enables direct P2P and B2B trading in the fields of tyre collection, acquisition and shipping, as well as in the fields of production, sale and shipping of the recycled products globally. The Re-Tyre token (RTR) ensures a cost-optimising financing opportu- nity for the trading in the raw materials created from the tyres processed using the Re-Tyre technology.
Our unique waste tyre disintegration unit is going under the name “Green Rubber Cracking Technology” ensure 100% utilisation of tyres, without the emission of pollutants! The patented Green Rubber Cracking system operates in an entirely closed environment, and emits 0% pollutants!
We are convinced that our Re-Tyre project will create long-term value for the token owners who are committed to green technology and the protection of the planet.