Market for recycled materials is opaque and inefficient:
– Waste streams are not recycled because processor doesn’t have connection to potential buyers, or waste was deposited at processor without the right expertise, etc. As a result, waste stream goes to landfill
– Waste collectors don’t get a fair price because waste collectors are not sophisticated / small and work with processors that have a regional monopoly
– Entire process is paper based
– Introduction of more and new material streams (e.g., different qualities of material, solar PV, insulation, etc.) increase complexity, as well as ever changing regulation.
Solution: Marketplace connecting buyers and sellers of waste and recycled materials