Vending

Oysterable intros resource circulation solution using reverse vending machine

Image provided by Oysterable.

February 28, 2023

Oysterable, a Korea-based provider of artificial intelligence and IoT technology, has introduced its AIoT smart resource circulation solution, Lalaloop, a self-serve, resource-circulating, reverse vending machine designed to create a closed loop cycle for recyclables and reusables, according to a press release.

The solution automates the collection of resource and carbon incentive management without the need for human assistance.

LalaloopID utilizes an exclusive identification code embedded in recyclables and reusables that tracks the entire life cycle of resources, including the manufacturing, distribution and disposal of raw materials, and data on the amount of carbon emissions and waste reduction at each stage.

The solution enables individuals and companies to trade carbon credits and can be applied in QR codes, barcodes, RFID readers and digital watermarks.