SMX, a digital platform technology provider, has entered into agreements with Singapore-based companies Aegis Packaging and Skypac Packaging, both recognised players in coating technologies and flexible plastics.<\/p>\n
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The partnerships mark a significant step in SMX\u2019s global growth, particularly in the Association of Southeast Asian Nations (ASEAN) region.<\/p>\n
Skypac Packaging supplies a range of plastic products across sectors such as food, pharmaceutical, and industrial.<\/p>\n
With SMX\u2019s molecular marker system and blockchain tracking, Skypac aims to enhance the circularity of plastics. Each plastic unit now includes a digital identifier to track its full life cycle from production to post-use recovery.<\/p>\n
This integration supports SMX\u2019s Plastic Cycle Token (PCT), which assigns monetary value to verified recycling activities.<\/p>\n
This token allows recycled plastic to be traded as an authenticated asset within an open-market framework.<\/p>\n
It transforms sustainability practices into economically viable actions backed by blockchain verification.<\/p>\n
Through PCT, supply chains can validate, price, and monetise sustainability initiatives in real time.<\/p>\n
The approach shifts recycling from a compliance task to a measurable revenue-generating activity. SMX noted that its technology ensures that environmental efforts are transparent, auditable, and financially relevant.<\/p>\n
Separately, SMX has also partnered with Aegis Packaging, a developer of the O\u2082X high-barrier coating for flexible plastics.<\/p>\n
The O\u2082X technology enables monomaterial packaging to achieve performance levels once only possible with unrecyclable laminates.<\/p>\n
By embedding SMX\u2019s traceability system, the packaging can now self-verify its origin, use, and end-of-life handling.<\/p>\n
The packaging\u2019s life cycle data is recorded and secured on a blockchain platform, reducing dependency on manual oversight. This combination of physical and digital traceability enhances compliance and operational transparency.<\/p>\n
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