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Every new blockchain protocol that grabs the limelight has at least one unique trait that separates them from others. With innovation as a priority, the blockchain ecosystem keeps bringing new protocols to solve pressing concerns. The Algorand Algo blockchain is one of the perfect examples of blockchain protocols created to address the biggest problem, the blockchain trilemma. The mainnet of Algorand was launched in 2019 and has been in the news for solving challenges with blockchain scalability. At the same time, you might wonder about its competence against top players such as Ethereum, BNB Chain, and Solana. Let us learn more about the fundamentals of Algorand and how it became a favorite of enterprises and developers.

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Understanding the Basic Details of Algorand

Algorand is a layer 1 blockchain protocol that offers the guarantee of high performance with instant transaction finality, low gas fees, and high network throughput. In simple words, the Algorand protocol offers a solution to the blockchain trilemma between decentralization, security, and scalability. The strength of Algorand to solve the blockchain trilemma comes from its unique consensus mechanism. Algorand utilizes a Pure Proof of Stake consensus mechanism that ensures faster and more efficient transactions with a reduced environmental footprint.

The vision behind Algorand focuses on addressing the inefficiencies associated with existing blockchain protocols. The creator, Silvio Micali, had earned a reputation for his contributions to cryptography, and he wanted to develop a system that addressed the obstacles to speed, decentralization, and security. As of now, Algorand can process almost 10000 transactions in a second with extremely low costs. Interestingly, Algorand has created its independent blockchain ecosystem that supports DeFi, NFTs, supply chain, and many other solutions.  

Serving a Unique Consensus Mechanism

The first idea for introducing Algorand took birth in 2017 when Proof of Work was the norm among consensus mechanisms. Popular blockchain protocols such as Bitcoin and Ethereum also use the Proof of Work consensus mechanism. The growing influence of Algorand partnerships and key technological innovations started with the notion to offer improvements on the Proof of Work consensus mechanism. According to the whitepaper of Algorand, the Proof of Work mechanism wastes a lot of resources, offers limited scalability, and increases the risks of centralization.

The Proof of Stake consensus mechanism emerged as an alternative to the energy-intensive Proof of Work approach. However, Algorand took a different approach and adopted a variation of the Proof of Stake approach. The consensus mechanism of Algorand, the Pure Proof of Stake mechanism, is different from Proof of Stake as it does not require any deposits to become a validator. Anyone with 1 Algo token can participate in the consensus process and approve blocks. 

The unique consensus mechanism improves the efficiency of Algorand governance by reducing the barriers to entry. Everyone in the Algorand ecosystem can become a validator, thereby making the blockchain more decentralized. It follows a unique principle of avoiding fines to ensure honest actions from users.

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Which Problem Can You Solve with Algorand?

Just like every blockchain protocol, Algorand was created with the vision to address a specific problem. It focused on addressing the blockchain scalability problem or the blockchain trilemma. The blockchain trilemma problem represents the challenge of balancing between security, scalability, and decentralization along with the growing blockchain network. As the Algorand blockchain size continues growing with the ecosystem embracing different types of blockchain and web3 applications, it is important to note how Algorand is adapting to the change.

  • Faster Transactions, Reduced Cost 

The team of Algorand claims that technological advancements have helped them in solving the blockchain trilemma. For example, the Algorand team states that the blockchain can handle 10,000 transactions per second. Official documentation of Algorand transactions also reveals that the minimum fee for a transaction is almost 0.001 ALGO. 

  • Enhanced Security

Algorand not only performs better in transaction finality but also stands out with unparalleled security as it cannot fork or split into different chains. The Pure Proof of Stake consensus approach leverages a special voting mechanism for block validation. As a result, the Algorand blockchain will stop temporarily or slow down for some time when the network participants don’t reach a consensus.    

  • Complete Decentralization

The favorable estimates for Algorand price prediction also stem from its ability to ensure decentralization in all cases. Algorand uses its unique Proof of Stake variant along with Algorithmically Synchronized Randomness or ASR to achieve higher centralization. The Algorand blockchain selects validators randomly with ASR while the Pure Proof of Stake consensus allows anyone with 1 ALGO token to participate in consensus.

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Exploring Some Highlights of the ALGO Token 

You cannot expect to complete an introduction to Algorand without mentioning its native coin, the ALGO token. The ideal approach to find answers to queries like “Is Algorand a good investment?” would involve a detailed analysis of its tokenomics.

ALGO token primarily serves as a medium to pay for gas fees or for products and services in the Algorand ecosystem. The token also works as a promising asset for incentivizing participation, decentralized governance, staking, and funding for ecosystem projects.

Another crucial detail about the tokenomics of Algorand is the maximum token supply. The maximum supply of ALGO tokens has been capped at 10 billion. Out of the 10 billion tokens, 30% have been allocated for public sale. 

The other shares of the coin supply go to, 

  • Participation rewards 
  • Foundation treasury 
  • Node running incentives 
  • End user grants 
  • The Algorand team and investors

Distinctive Features You Can Find in Algorand

The reputation of Algorand as a blockchain protocol depends a lot on its capability to address the problem of blockchain scaling. It offers a unique blend of speed, decentralization, and security with its unique features, such as the Pure Proof of Stake consensus. 

The special consensus approach of the Algorand Algo blockchain ensures safeguards for decentralization by allowing anyone with 1 ALGO token to participate in network consensus. On top of it, the Algorand blockchain also maintains randomness in selecting validators for new blocks. The decentralized architecture of Algorand also runs on the principle of avoiding any centralized entity exercising its power to censor transactions.

It is also important to note how Algorand is completely permissionless while upholding essential security standards. Furthermore, Algorand does not impose any slashing or fines to discourage malicious behavior on the network. Algorand has some special features that can outperform other existing blockchain protocols by a huge margin. 

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Limitations to Watch Out For

The discussions about the Algorand ALGO blockchain focus significantly on its advantages. At the same time, you must also review the Algorand protocol with an understanding of its limitations. For example, you might notice a growing DeFi ecosystem on the Algorand ALGO blockchain, albeit with weak growth. On top of it, the Algorand blockchain does not offer compatibility with the Ethereum Virtual Machine. The lack of compatibility with EVM limits the capabilities for migrating smart contracts from other blockchain networks to Algorand blockchain.

Final Thoughts

The introduction to Algorand reveals that it is a powerful solution to the blockchain trilemma problem. While many solutions for blockchain scaling have emerged in recent years, Algorand serves as a one-for-all solution. The ease of participation in Algorand governance ensures safeguards for decentralization, while the lack of forking abilities enhances security. In terms of transaction finality, the Algorand blockchain can manage around 10,000 transactions per second. Learn more about the Algorand blockchain and its special features from a technical perspective right now.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

The post A Beginner’s Guide to Algorand (ALGO) Blockchain appeared first on 101 Blockchains.

Digital transformation has found a completely different angle with the arrival of technological innovations such as AI and web3. Artificial intelligence offers unimaginable capabilities for processing data and decision making while Web3 brings the elements of decentralization and transparency. The use of AI agents in Web3 represents a convergence of the two most powerful technologies in the world right now.

Upon hearing the term ‘AI agents’, some of you may imagine AI systems behaving like James Bond or Ethan Hunt. In reality, AI agents are autonomous software programs which have the potential to transform the approaches for interacting with and working in decentralized ecosystems. Let us learn how AI agents will automate “knowledge work” in Web3.

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Understanding How AI Agents Work

You can find relevant insights on the utility of AI agents in the domain of Web3 only if you know how they work. AI agents are software programs which don’t follow a specific set of rules. On the contrary, they have the capabilities for reasoning, planning, learning and adapting to achieve the desired goals. The web3 artificial intelligence relationship will grow stronger with AI agents which are nothing like simple chatbots. An AI agent can utilize advanced AI models such as Large Language Models or LLMs for understanding complex requests, processing information, and making relevant decisions.

The best way to describe the working mechanism of AI agents is to paint them as highly autonomous digital assistants. You can break down the workflow of an AI agent into the following steps.

  • Data Collection

The first step in the working of AI agents involves collecting data from different sources, including text, numbers and real-time data. AI agents use the collected data to perceive the environment in which they have to work. 

  • Reasoning

Subsequently, the agent uses their AI model, generally an LLM, to analyze the data and come up with definite conclusions. The reasoning leads the AI agent to craft a step-by-step plan for achieving its goals. 

  • Action

Once the agent has finalized the course of action, it will execute the plans, interact with other systems, generate content, and perform transactions, whichever required. 

  • Continuous Learning

Most important of all, AI agents learn from their experiences and refine the way they work to improve their performance. The ability to learn and act autonomously makes AI agents different from conventional software programs.

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Establishing the Connection between AI Agents and Web3 

The idea approach to discover insights on the utility of AI agents for the web3 landscape would require a clear understanding of how AI systems fit in the web3 world. Web3 or the decentralized variant of the internet, uses blockchain technology to empower users with ownership of their data. The other notable traits of Web3 include peer-to-peer interactions and censorship resistance. 

You can find the answers to “What are web3 AI agents?” in the different ways for linking web3 with AI. Do you know that most of the AI applications in the existing web2 world are centralized? Big corporations own the AI models, infrastructure and data that are responsible for the working of AI applications. Therefore, you can come across issues of censorship, lack of transparency, and data privacy.

Web3 can come into the picture and decentralize intelligence by enabling AI agents to run on distributed networks. As a result, AI agents will not depend on central servers, thereby becoming more censorship-resistant and resilient. 

Blockchain can support secure data management with transparency, thereby ensuring that users can control access to their data while empowering AI agents with different functionalities.

The relationship between Web 3.0 and AI agents is also evident in the creation of a completely distinctive ecosystem. Web3 tokenomics can help in creating mechanisms to serve incentives for developing, deploying, and using AI agents. It can provide the ideal foundation for a synergetic and collaborative ecosystem. 

One of the most noticeable highlights underlying the importance of web3 AI agents revolves around community governance. The introduction of AI agents in the world of Web3 helps in ensuring that AI grows and evolves according to the needs of users rather than the whims of corporate giants. Web3 can bring DAOs for community governance of AI projects, thereby allowing different communities to cast votes on updates, ethical guidelines, and resource allocation.

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Use Cases of Web 3.0 AI Agents for Knowledge Work

The biggest doubt on the mind of every reader right now must be about the meaning the ‘knowledge work’. The description of knowledge work focuses on thinking, problem-solving and rational analysis tasks rather than physical labor. You can discover the impact of AI agents on knowledge work in Web3 in the following areas.

  • Automation of DeFi Platforms

The complexity of the DeFi landscape can be extremely challenging for a beginner to navigate. At the same time, you cannot ignore the diverse opportunities for lending, borrowing, yield farming, and trading in the DeFi ecosystem. The arrival of AI agents in crypto and DeFi will help people in navigating the different DeFi platforms and optimize their strategies. The most common use case of AI agents in the field of web3 is portfolio management as AI agents are capable of real-time trend monitoring.

AI agents can also help with identification of the most profitable liquidity and staking opportunities throughout different DeFi protocols. It can provide profitable ways to optimize yields, thereby saving time and reducing gas fees. AI agents can also enable access to arbitrage opportunities in DeFi by processing data from different decentralized exchanges. The impact of AI agents in DeFi will also focus on enhanced security as they can scan DeFi protocols continuously to identify vulnerabilities.     

  • New Perspective on Web3 Gaming and Metaverse

The blend of Web3 with AI agents will enhance knowledge work to provide more engaging and dynamic experiences in Web3 games and metaverse platforms. As the uses of AI agents in Web3 gain recognition, you can find better prospects for creating intelligent NPCs in Web3 games. AI agents can drive NPCs with realistic behaviors, adaptive dialogue, and evolving personalities to make web3 games more immersive. AI agents also play a crucial role in enhancing knowledge work for Web3 games and metaverse platforms by creating personalized content.

The traits of AI agents also make them useful for the web3 landscape by managing in-game economy in web3 and metaverse games. AI agents can support dynamic adjustment of in-game token rewards, resource allocation, and NFT minting rates. AI agents also improve the security of Web3 games and metaverse platforms by facilitating anti-fraud detection. For instance, AI agents can evaluate player behavior and their transaction patterns to detect suspicious actions. 

  • Enhancing the Functionalities of DAOs

Decentralized Autonomous Organizations or DAOs, are a crucial component of the web3 landscape as they enable decentralized governance. However, DAOs can be slow as they require votes of every member to reach at the final decisions. The use of Web3 AI agents can enhance DAO operations by streamlining the different processes involved in their working. First of all, AI agents can read and evaluate DAO proposals to summarize the important points and visualize different outcomes of the voting choices.

AI agents will also have a prominent role in treasury management of DAOs through creation of optimized asset allocation strategies. They can help with automation of investment decisions and real-time tracking of financial performance. AI agents can serve as community managers to enable easier collaboration between DAO participants. Most important of all, AI agents can take on the task of voting and proposal execution on the basis of pre-approved parameters in certain cases.

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Which Technological Advancements Promote the Web3 AI Relationship?

The technological advancements in Web3 and AI have played a crucial role in encouraging the use of AI agents for knowledge work in Web3. One of the foremost highlights that you should keep in mind to understand how AI can enhance the web3 experience is the arrival of more powerful LLMs. Continuous improvements of LLMs can introduce advanced capabilities in AI agents, thereby enabling them to generate relevant and smart responses.

The web3 artificial intelligence nexus will also grow stronger with the rising use of layer 2 solutions. AI agents can interact frequently with blockchain networks by using layer 2 solutions that don’t impose excessive transaction costs. On top of it, the introduction of new frameworks allows the development of more sophisticated AI agents.

Final Thoughts 

The possibility of blending AI and Web3 will provide better opportunities to enhance knowledge work in various areas. AI agents will pave the path for a new era in web3 that focuses a lot on improvement in efficiency and user experience. For instance, AI agents in crypto can support effective portfolio management by analyzing data from different sources in real-time. On top of it, AI agents also improve security of users in Web3 by identifying suspicious patterns. The utility of AI agents will continue improving with the introduction of new features and latest technological advancements. At the same time, you must remember that integrating AI agents with Web3 comes with some challenges. Discover more information about the applications of AI agents for knowledge work in Web3 right now.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

The post The Rise of AI Agents: Automating Knowledge Work in Web3 appeared first on 101 Blockchains.

reverse logistics

Andrea Lockerbie explores the world of reverse logistics, minimising waste and improving sustainability in supply chains.

When a consumer or end-user needs to return a product to a retailer or manufacturer, the process of the product travelling back through the supply chain is known as reverse logistics.

It plays an important role in terms of sustainability as a good reverse logistics system can ensure that the products going back through the supply chain are appropriately assessed and efficiently diverted so that their value and lifespan are maximised and waste is minimised.

This means returned products or surplus stock are directed for reuse, repair or recycling, rather than disposal.

Key components of reverse logistics include:

  • Returns management – Deals with regular customer returns and should be a seamless, easy experience for customers, to bolster brand image and customer loyalty.
  • Remanufacturing or refurbishment – Returned products are brought back to a good saleable condition, through steps including cleaning, repairing, replacing components and testing.
  • Recycling – An option for products that are damaged beyond repair, to ensure materials are reused and resources are conserved, rather than disposed of.
  • Disposal – This should be the last option, to ensure responsible disposal that minimises environmental impact and complies with regulations.

As consumers, most of us are likely to have had the experience of buying something and later returning it. The reasons for returns are varied, from receiving damaged goods to the item not meeting expectations, ordering multiple items to choose from or simply buyer’s remorse.

According to the ‘2024 Consumer Returns in the Retail Industry’ report by the US-based National Retail Federation (NRF) and Happy Returns, retailers estimated that 16.9% of their annual 2024 sales would be returned, at a value of $890 billion – that’s more than double the 8.1% yearly return rate in 2019.

A separate NRF study found that, on average, retailers’ online return rates were 21% higher than their overall return rates, and holiday return rates were 17% higher.

Jonathan Gorst, Division Head of Marketing, Enterprise and Events Management at Sheffield Hallam University, has spent years researching reverse logistics, how companies can be more efficient in processing returns, and the disposition (actions taken regarding returned products) of returns.

He says: “People just don’t appreciate how much product is shipped back in terms of the volumes, the financial costs, and then if you start multiplying that through, the CO2 emissions go through the roof.”

The challenge is that returns come in all sorts of shapes, forms and sizes in contrast to outbound logistics. As the items get bigger, the challenges become greater, Gorst says.

The NRF found that ‘free returns’ were a key factor for customers when deciding where to shop (76%). Meanwhile, for retailers, improving the returns experience and reducing returns rates were two of the most important elements for business in 2025 – they want to keep customers happy and costs down.

But as Erica Ballantyne, Senior Lecturer in Operations and Supply Chain Management at the University of Sheffield explains: “There is no such thing as a ‘free return’. It costs the retailer, and it costs the environment.”

Once products start moving around the supply chain, each movement incurs transport emissions, cost and potential for damage.

Finding solutions for the returns problem

Return parcel

UK-based ClearCycle was set up in 2016 after its founder saw returns volumes in his retail business grow each year.

He had to sell these returns to either an auction house or a ‘jobber’ in bulk for cash but didn’t like the poor financial result of this, the loss of brand protection, and not knowing where the stock would end up.

When he found out that around 10% of furniture sold comes back as returns, he set out to provide a solution. His customers now include the likes of Swoon.

Daniel Hague, commercial director at ClearCycle, says: “A lot of the stock that we deal with is the wrong shade of grey, won’t fit through the door, picking errors. So, we then refurbish those pieces of furniture and sell them, to try and give them a second life.”

If an item was returned and there was nothing wrong with it, it could be cleaned and returned to the retailer for resale.

However, Hague says: “The hardest thing about that is actually the packaging, because frequently the packaging is torn, and as soon as the packaging is in some way damaged if I delivered what is essentially quite an expensive item and the box has obviously been torn, you will feel slightly aggrieved by your purchase.”

Ballantyne explains that there are now re-boxing machines that can be used to create bespoke, plain boxes, rather than full-colour branded packaging. The machines scan the product, determine the dimensions, and make a box to fit.

Gorst adds: “The box might cost 1-2% of the overall purchase price but [retailers] were doing 50% discounts because the box was damaged or non-existent, so purely by re-boxing you’ve got a pristine product again.” However, that requires the item to get back to the warehouse undamaged.

Packaging is often removed and discarded by customers, who then decide to return items. This is particularly problematic for furniture or mattresses, which get damaged or dirty if unpackaged.

Hague explains: “Carriers have frequently tried to deal with this, with blankets. That works if you’re doing household removals because it’s on one vehicle, you can protect it, but as soon as you’re moving it from vehicle to vehicle, location to location, blankets just don’t work.

“So, we’re trying to get the carriers to adopt reusable bags so that we can push down that route to protect the asset.”

One reason the rate of returns is so high is failure to meet a customer’s expectations. This is often the case when buying online, based on an image.

Hague explains that for retailers, accurately describing items, and questioning why they are getting returns, is critical to reducing returns, which will improve sustainability.

“One of the very first things you do in logistics is ask: Is the product right? Am I accurately describing it? Am I mapping out the customer journey? Is the packaging suitable to get it there? Am I using the right carrier?

“If you do those things, you can get rid of a significant amount of your returns ahead of them becoming returns.

“Then, you need to say, right, it is now a returned item. Why is it a returned item? Let’s capture the data. Some customers will lie to get a full credit.

“You try and find out as much information. Is it packaged? Ask the customer: are you able to re-pack it in any way? If they can, great. If they can’t, get a carrier that’s going to send a bag to bring the item back. Get it back, inspect it, look at your returns, and look at the data, because if you start to follow the data, you will find out why you are getting returns, and then you can maybe change your behaviour or the customer’s behaviour in advance.”

Ballantyne agrees, adding that an effective system means “understanding and measuring what you’ve sent out so that you know what you’re getting back” as “not enough companies have a really good grasp of this” as well as understanding the mechanisms used to bring products back.

But Gorst warns of poor data. “A retailer will say, ‘Why are you returning the product?’ And generally, a consumer will put whatever is at the top of the list… if people always pick the top reason, it makes the data dubious.”

Technology and the expansion of trade-ins

reverse logistics

An interesting area of development is for retailers or brands to offer a trade-in service for unwanted products when you buy a new one, thereby pulling old products back into the system.

Birl is a UK start-up, currently scaling up, that has created a solution for brands to allow consumers to trade in an item when they buy a new one. It is starting in the premium fashion space, with Sirplus an example of a retailer already on board.

The concept is that you can buy new and sell old at the same time – where Birl differs is that the customer will get credit straight away via a code before they send their old item back. Trade-ins can be done easily online and in-store with free digital labels.

Returned items are triaged and processed, either for resale on preloved marketplaces, resale on a brand’s own secondary site, listed on third-party rental sites, or sold through live commerce channels.

Peter Lydon, co-founder and chief product officer, explains that it is in the process of partnering with a large European logistics provider that has a renewal workshop – and the long-term plan would be for items to go to a central location for processing where they would be digitally set up for re-sale.

Birl is about to go live with its first premier league football club, West Ham, for the kit launch at the start of July, which will see it stress test a high volume of trade-ins over a few days. But Lydon says the solution is “industry agnostic” and could be used for other categories where products are high value and repairable.

Another start-up in the trade-in space is Returnal, co-founded by Jake Margiotta and Luke Davies, who used to work in an auction house selling retail returns.

Margiotta explains: “We became aware that there was this trend towards circular models, and we started to interview our customers about their plans in that arena and established they had big ambitions… but no capacity to actually deliver those plans.”

They left to set up Returnal about 18 months ago and recently secured venture capital funding and launched with their first customer, a regional department store in the East Midlands called Downtown. Initially, they are targeting DIY retailers, furniture retailers and department stores – but believe the solution will work for any category.

Margiotta explains: “As a business, our core function is providing the customer-facing technology for enterprise retailers [large-scale retailers] that allows their customers to trade in products they no longer use in exchange for store credit.”

“So, it’s a customer retention strategy, but in the background, we service the technology with an ecosystem of partners who can refurbish and resell these products on behalf of the retailer.

“We are therefore extending the life cycle of these products, creating efficiency, promoting and feeding the circular economy, allowing these retailers to source ethically from products that are already in domestic circulation,” he says.

Returnal will configure a solution to meet the retailer’s needs. Customers get an instant estimate of credit and receive a QR code so they can drop the item off at a local parcel shop.

Once the relevant specialist partner receives the item, it confirms the credit can be released, refurbishes it, and sells it, with any residual resale value returned to the retailer.

Margiotta says there is recognition that Gen Z, the next generation of consumers, prefer to buy pre-loved. Also, most brands are already being sold on resale platforms.

“We’re saying, you as a brand should own and control your own secondary market, and that’s what our technology allows them to do,” Margiotta says.

He is also keen to do good. “We started this business because we wanted to have an impact, and we recognise that these large retailers gave us the best platform to have an impact at scale. So, we advocate for charity partnerships and donating as many of these products as is reasonably possible to social impact causes.”

Adding social value

social value

In the UK, one of the ways that businesses can divert returned items to reuse and create social impact is to work with the Reuse Network, a membership body with over 100 reuse charities across the UK.

The organisation seeks on-going commercial donations of returned or overstock items, which its charity members then collect and prepare for resale or donation.

Hannah Jordan, chief operating officer at the Reuse Network, explains that working with organisations that offer take-back schemes is particularly effective. For example, they run a white goods contract with a retailer alongside a logistics company.

The retailer offers a paid-for take-back service for pre-loved white goods on delivery of new white goods, which is often cheaper and more convenient than a council collection.

When the take-back service is used, items go back to a warehouse, and the charities working within that contract can then choose products to take back to their sites to prepare for resale as affordable second-hand white goods, or donations.

To demonstrate the value of this work, the Reuse Network will put together social impact reports that detail factors such as the number of households helped, CO2 savings compared to landfill, and average cost savings compared to buying new.

No silver bullet

As Ballantyne says, there are examples of parts of the reverse supply chain that have been looked after very well, but there isn’t a perfect example of the ‘way to do it’, as what works for one category or one type of location won’t work for another.

For retailers, avoidance of returns is “still at the top of the list” and “then it’s thinking about being more efficient with your processing – and then comes sustainability”.

The post The role of reverse logistics in reducing resource waste appeared first on Circular Online.

Circular economy

Emma Bourne OBE, Director, Circular Economy at the Department for Environment, Food & Rural Affairs (Defra), provided a Circular Economy Strategy update at the Festival of Circular Economy.

Bourne highlighted the UK Government’s ongoing efforts to develop a sustainable and resource-efficient economy at the recent Festival of Circular Economy event in London.

Reaffirming the UK government’s commitment to developing a comprehensive circular economy strategy, Bourne outlined the government’s current priorities in the transition to a circular economy, including the economic benefits of more sustainable and resilient supply chains.

She also provided delegates with an update on the emerging Circular Economy Strategy for England, being developed by the Circular Economy Taskforce.

This includes the Phase One circular economy roadmaps for priority sectors, including agri-food, the built environment, chemicals and plastics, transport, and electronics.

It was encouraging to hear about the progress being made, and we are pleased to reaffirm CIWM and the Circular Economy Institute’s support in developing and delivering this critical strategy.

Additionally, Bourne gave an update on the Circular Economy Taskforce itself, whose members – including James Cruddas, Deputy Director of Trade Operations and Systems at Defra – attended the event to support businesses in transitioning to a circular economy.

Following Bourne’s address, Dan Cooke, Director of Policy, Communications and External Affairs at the Chartered Institution of Wastes Management (CIWM): “Defra’s decision to share an update on the UK’s circular economy strategy at the Festival underscores the vital role this event plays in bringing together a diverse, global community committed to making this transition a reality.

“It was encouraging to hear about the progress being made, and we are pleased to reaffirm CIWM and the Circular Economy Institute’s support in developing and delivering this critical strategy.”

Organised by The Circular Economy Institute, the Festival of Circular Economy is a global platform to promote and support the transition towards a more sustainable economy.

The post Defra provides circular economy strategy update at FOCE 2025 appeared first on Circular Online.

Bitcoin revolutionized the concept of digital money with the help of blockchain technology. The cryptocurrency introduced a peer-to-peer approach for financial transactions, which created a decentralized electronic cash system. Most of the discussions about the remarkable functionality of Bitcoin revolve around blockchain technology and its identity as a peer-to-peer electronic cash system. The objective of this Bitcoin scripting guide is to help you dive deeper into the core of Bitcoin transactions, the Bitcoin Script. Crypto enthusiasts, as well as seasoned crypto experts, must know how the Bitcoin Scripting works to understand the true potential of Bitcoin.

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The Concept of Programmable Money

What is the first thing that comes to your mind when you think about Bitcoin? Most of the answers would be about Bitcoin being a decentralized approach to send cash from one person to another electronically without any intermediaries. You should know that the core objective of Bitcoin was to create an electronic cash system that empowered the Bitcoin owners. The answers to “What is scripting in Bitcoin?” provide a new perspective to Bitcoin transactions. Bitcoin Scripting is almost similar to introducing smart contract functionalities in the Bitcoin Blockchain.

The Bitcoin Script is a stack-based programming language that helps in creating more complex transactions that involve specific conditions. Bitcoin scripts are small programs which define the conditions in which a specific amount of Bitcoin tokens can be spent. You can send Bitcoin to someone with a locking script which describes how the Bitcoin can be redeemed in future. The recipient must use an unlocking script corresponding to the locking script for spending the received Bitcoin tokens. 

Working Mechanism of Bitcoin Scripting

The best way to understand how Bitcoin script works is through learning about the concept of stacks in programming. Have you heard of the LIFO data structure? It stands for Last-In, First-Out structure in a database. Think of a stack of plates in which you can add a plate only at the top and remove a plate only from the top. 

The Bitcoin script working mechanism is almost similar to the LIFO data structure. The validation of a Bitcoin script transaction involves combining the locking script and unlocking script and executing them on a virtual machine. It is important to remember that the locking script comes from the output of the previous transaction and the unlocking script comes from the input of the current transaction.

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Technical Details of How Bitcoin Script Works

The overview of the working mechanism of Bitcoin scripting only offers a simple way to understand the technology. You should also learn about the technical aspects of Bitcoin script execution process to familiarize with how it works. The following steps in the Bitcoin scripting process will shed more light on its significance in the crypto space.

  • The Two Scripts

The primary essence of the Bitcoin scripting language in blockchain is all about the two scripts that define Bitcoin scripting. The locking script or the ScriptPubKey is a part of information from the output of previous transaction. It provides the conditions that should be followed to spend the Bitcoins sent in the transaction.

The unlocking script or the ScriptSig includes part of information from the input of the existing transaction. The ScriptSig offers descriptions on the operations and data required to satisfy the requirements of ScriptPubKey. You can notice that the locking script serves as a lock on the Bitcoin tokens sent in a transaction while the unlocking script is the key to unlock the tokens. 

  • Combining and Executing the Scripts

The next crucial step in the working of Bitcoin Script is the concatenation process. The Bitcoin node verifying a transaction will take the ScriptSig from the input and combine it with the ScriptPubKey of the output it wants to spend. Execution of the combined script in a step-wise manner on the stack defines a crucial aspect in how Bitcoin scripting works.

  • Data Elements and Opcodes

The most important highlight in any Bitcoin scripting guide is about the utility of opcodes and data elements. Since Bitcoin Script is a stack-based programming language, it relies on predefined commands, known as opcodes or operation codes. The operation codes help in performing different actions on the data pushed on a stack. It is also important to acknowledge the use of data elements like signatures, hashes, and public keys in Bitcoin scripting.

The validity of a transaction depends on successful execution of the Bitcoin Script. You can confirm a successful execution when the top item on the stack at the end of execution is a non-zero value. On the other hand, an error or a ‘FALSE’ result upon completing execution means that the transaction is invalid.

Enroll now in the Bitcoin Technology Course to learn about Bitcoin mining and the information contained in transactions and blocks.

Example of Bitcoin Scripting Transaction

After learning the technical aspects of Bitcoin scripting, you might be curious to know an example. The most popular Bitcoin script example is the Pay-to-Public-Key-Hash or P2PKH transaction script. P2PKH involves the simplest Bitcoin transaction in which you send Bitcoin to another Bitcoin address. This Bitcoin script sequence ensures that only the person with the private key for the public key hash can unlock the transaction to spend Bitcoin tokens.

Diverse Ways to Use Bitcoin Scripts

Bitcoin Scripts don’t provide a single option to send Bitcoin from one address to another. You can explore many other use cases or variations of Bitcoin Scripts that showcase the utility of programmable money. Bitcoin Script offers the opportunity to adopt the following use cases of Bitcoin at a large scale.

  • Time-Locked Transactions

The list of different use cases of Bitcoin scripting also draws attention towards the possibility of using Bitcoin in time-locked transactions. You will find two types of Bitcoin scripts for time-locked transactions, such as CheckLockTimeVerify and CheckSequenceVerify. The two scripts help in locking Bitcoin tokens or funds for a specific time or until a specific block height is achieved.

The CLTV Bitcoin Script follows the BIP65 standard and locks funds for a specific time period or block number limit. It uses a timestamp or block number as the conditions for unlocking the script. CLTV script is the best pick for creating wills and special payment channels or locking funds to allow them to mature over time. 

The CSV script created with the BIP68 standard is almost the same as CLTV. CSV finds applications in advanced layer-2 protocols such as the Lightning Network to ensure contract fairness and enforcing expiration. 

  • Conditional Payments

Even if the Bitcoin script working mechanism does not show any signs of Turing completeness, it can manage conditional logic. Therefore, Bitcoin scripts can be the best picks for conditional payments where a key or a secret can unlock funds.

  • Pay-to-Script Hash 

The Pay-to-Script Hash or P2SH is a BIP15 standard Bitcoin Script which is ideal for complex payments. It helps in relieving the burden of the full script from the shoulders of the sender. The sender can only send tokens to the hash of the script and the recipient can reveal the actual script during spending. The P2SH script represents complex transactions as standard address payments, thereby reducing transaction size and enhancing privacy. 

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Why is Bitcoin Script Not Turing Complete?

The discussions about Bitcoin Script also draw attention towards possibilities of similarity with Solidity, the programming language of Ethereum. To no one’s surprise, Bitcoin Script is largely different from Solidity as it is not Turing complete. Why has Bitcoin Script omitted a common trait of expressive programming languages? The use of Bitcoin scripting language in blockchain does not involve execution of complex conditional statements and arbitrary loops. While many of you may think that this is a limitation of Bitcoin Script, it is extremely important for the security of Bitcoin.

Malicious actors can use scripts that run infinite loops to create transactions that take up a huge share of computational resources of the network. The predictable and finite execution path of every Bitcoin script ensures that nodes can easily verify different transactions. As a programming language with fewer complexities, Bitcoin Script will ensure reduced number of potential vulnerabilities and bugs. 

Advantages and Limitations of Bitcoin Scripting

Bitcoin scripting introduces the possibilities for using smart contracts on the Bitcoin blockchain. Despite its simplicity, the Bitcoin scripting process offers various advantages. The foremost benefit of Bitcoin scripting is the assurance of better security and flexibility to execute sophisticated transactions. Most important of all, Bitcoin scripting will expand the room for innovation with the Bitcoin blockchain. However, it is also important to address the notable limitations of Bitcoin scripting such as debugging challenges and larger size of transactions. 

Final Thoughts 

Bitcoin scripting is a perfect example of using innovation to enhance the Bitcoin blockchain. The Bitcoin Script is not only a programming language but also a way to introduce the concept of programmable money with Bitcoin. One of the notable things you can learn from this Bitcoin scripting guide is the fact that Bitcoin Script is not Turing complete and that guarantees a lot of benefits. The biggest thing to know about Bitcoin scripting is that it will transform Bitcoin from a store of value to an electronic cash system with diverse utilities. Learn more about Bitcoin Script and discover new insights on its use cases right now.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

The post What is Bitcoin Scripting and How it Works? appeared first on 101 Blockchains.

Blockchain and cryptocurrencies created a lot of opportunities in the domain of technology, albeit with certain limitations. One of the most talked about limitations in the crypto space is the lack of interoperability. You can find multiple blockchain networks such as Solana, Ethereum, Polygon, and BNB Smart Chain in the cryptocurrency landscape. Each blockchain has unique strengths, ecosystems, and communities, thereby ensuring diversity. The primary goal of this Binance Bridge tutorial revolves around understanding one of the most effective solutions for interoperability. Binance Bridge represents a cross-chain transfer service tailored to facilitate secure and seamless asset transfer between different blockchain networks. Let us learn more about the Binance Bridge and methods to use it.

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Understanding the Challenge of Interoperability 

Blockchain showed the world that decentralized ledgers serve as an efficient solution to conduct transactions with better security. The principle of decentralization advocated by blockchain technology paved the path for creating independent networks. However, decentralization also turned blockchain networks into isolated silos that could not interact with each other. One of the biggest problems that arise from the lack of interoperability is the inability to move assets between networks.

The blockchain Binance Bridge relationship attracts the limelight as the web3 revolution gains momentum. For instance, the rising use of DeFi implies that users will need solutions to transfer assets from one blockchain to another. Lack of interoperability reduces the possibilities for capitalizing on the advantages of different blockchain networks. As a result, it can be a massive obstacle for the adoption and growth of blockchain technology.

Introduction to the Binance Bridge

The interoperability concern in blockchain technology creates complications in the user experience and prevents interaction between different dApps in various ecosystems. Blockchain bridges emerged as the effective solution and served as intermediaries for transferring assets between blockchain networks. Binance advocated for seamless cross-chain interoperability as one of the pioneers in the crypto landscape. The Binance Bridge started off as a standalone solution and has been integrated throughout the broader ecosystem of Binance.

You can find the Binance Bridge as a core feature available on the Binance exchange as well as the BNB chain ecosystem. Users can access the Binance Bridge Metamask integration, and compatibility with many other wallets enhances its utility. It provides a secure bridge that helps in converting native cryptocurrencies into wrapped or pegged versions for other blockchain networks. The strategic objective of Binance Bridge focuses on ensuring faster and cost-effective transactions, thereby allowing users to bypass the high transaction charges on big networks like Ethereum.

Let us assume that you want to transfer ETH from Ethereum to the BNB Smart Chain. You can convert ETH into wrapped ETH or WETH to transfer it to the BNB Smart Chain on the Binance exchange. WETH represents the native ETH and has the same value while being on a different network. The Binance Bridge has played a crucial role in connecting the Binance blockchain with many popular blockchain networks.

Enroll now in the Blockchain Scalability and Interoperability Mastery Course to learn the skills needed to develop faster, scalable, robust, and interoperable dApps.

How Does the Binance Bridge Work?

Binance Bridge has evolved as a core feature of the Binance ecosystem and offers an easy way to abstract the complexity of blockchain bridges. Whenever you use Binance Bridge Trust wallet integration or with any other wallet, you must know about its underlying mechanism. Interestingly, Binance Bridge works in the exact same way as other blockchain bridges, with the help of pegging and wrapping.

Step 1

The first step in the working mechanism of Binance Bridge starts when a user initiates the transfer. Take the same assumption of transferring ETH to BNB Chain. When you start the transfer process, you have to interact with the smart contract in the Binance interface. 

Step 2

The next step involves sending the native asset i.e. ETH to a specific smart contract address on Ethereum blockchain. The contract will lock up the assets to remove them from circulation on Ethereum. 

Step 3

When the bridge confirms that you have locked assets on Ethereum, it will create the equivalent amount of wrapped ETH tokens on BNB Chain. The wrapped asset is pegged against ETH at a 1:1 ratio and you can use them in the Binance ecosystem.

Another important aspect in the working of Binance Bridge is the reverse process that involves burning the wrapped tokens and releasing the locked tokens. Binance Bridge manages the smart contracts alongside the locking and burning process on compatible networks. The security and reliability of Binance Bridge service makes it a trusted solution for cross-chain interoperability. 

As of now, the Binance Bridge supports many popular cryptocurrencies and blockchain networks like Bitcoin, Ethereum, Polygon, TRON, and Avalanche. Furthermore, the integration roadmap of Binance suggests possibilities of extending the range of compatible assets. Users should always check the list of supported networks in the Binance Bridge before initiating a cross-chain transfer.

Curious to understand the complete smart contract development lifecycle? Enroll now in the Smart Contracts Development Course

Identifying the Reasons to Adopt Binance Bridge

The Binance Bridge or cross-chain service offers many compelling reasons to use it, beyond addressing the interoperability problem. Anyone seeking answers to queries like “How to use Binance step by step?” must know that Binance is the first blockchain network to introduce cross-chain service as core functionality. You should consider adopting Binance Bridge to capitalize on various advantages, such as lower transaction fees on specific networks. The bridge will also allow you to make the most of diverse opportunities in the DeFi landscape.

One of the significant advantages of Binance Bridge is the flexibility to explore different types of decentralized apps. You can interact with dApps that require native assets of corresponding blockchain network, which makes interactions with dApps economically feasible. On top of it, the Binance cross-chain transfer service also provides an efficient resource to tap into arbitrage opportunities. Users can also bring all their crypto holdings from multiple chains to one specific network with the Binance cross-chain solution.   

Guide to Use Binance Bridge

The most useful thing about the Binance Bridge is the way it abstracts the complexity that comes with blockchain bridges. You can use any Binance Bridge tutorial to understand that it starts with logging into the Binance account. Once you have logged in, you can search for sections dedicated to transferring and withdrawing assets under the sections “cross-chain transfer” or “bridge”.

The next step involves selecting the crypto asset that you want to transfer to another network. Upon starting the transfer or withdrawal, you must choose the blockchain network on which you have the assets. You should also choose the target blockchain where you want to send the crypto assets. 

After choosing the networks, you have to specify the wallet address on the target blockchain where you want to send bridged assets. Make sure that you have entered the correct address as blockchain transactions are irreversible, and wrong addresses can lead to permanent loss of funds.       

Specify the amount of crypto assets that you want to transfer and check the transaction fees as well as estimate time of completion. If you find that all the details are correct and you can pay the fees, then confirm the transaction. You may need two-factor authentication to confirm the transfer with security verification.

Potential Risks of Binance Bridge

While the advantages of Binance Bridge draw all the attention, users should also focus on the risks. The blockchain Binance Bridge service might have the security infrastructure of Binance exchange. However, it also presents a wide range of risks such as potential smart contract vulnerabilities. Cross-chain bridges like the one on Binance work through smart contracts, and attackers could exploit bugs or vulnerabilities in them.

Some critics also point out the threat of centralization by relying on Binance for cross-chain asset transfer. The possibility of centralization exposes users to excessive dependence on operational integrity and security patches of Binance. Speaking of operational integrity, Binance Bridge also presents certain operational risks like technical glitches and maintenance downtime.  

Excited to learn about the critical vulnerabilities and security risks in smart contract development, Enroll now in the Smart Contracts Security Course

Final Thoughts 

The introduction to Binance Bridge reveals a new side of the cross-chain transfer service of Binance. Rather than working as a standalone product, the Binance Bridge is now a core service in the Binance ecosystem. You can access the Binance Bridge Metamask extension on the Binance exchange or the BNB Chain. One of the most crucial highlights of Binance Bridge is the assurance of a simpler interface and workflow to transfer assets between blockchain networks. Once you understand its capabilities and the steps to use it, the Binance Bridge can be your companion in navigating the crypto landscape. Learn more about blockchain bridges and find out how they are essential for long-term growth of blockchain technology.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

The post What is Binance Bridge And How to Use It? appeared first on 101 Blockchains.

circular economy

As the Festival of Circular Economy returns for its fourth year, Circular Online brings you live updates from it’s two jam-packed virtual days.

Day 1 will look at the future of the design landscape, current business model challenges and practical use-cases of circular economy models in operation.

Day 2 takes us through the design lifecycle, from materials and products, to infrastructures and supply chains for a circular economy.

Day 2

EPR: Cost, Compliance, and a Circular Future

Sandwich packaging

Packaging designers and producers are facing a seismic shift as new Extended Producer Responsibility (EPR) regulations begin rolling out this year.

In a session titled EPR Packaging Laws: Designing for New Legislation, Dr Margaret Bates (Head of UK pEPR Scheme, Defra) and Sophie Thomas (Founder, etsaW) explored how these new rules will fundamentally alter how packaging is created, costed, and ultimately, disposed of.

Under the EPR scheme, producers will now be charged based on the recyclability and sustainability of the packaging they place on the market. “It’s a shift from ‘design what you want’ to ‘design what the system can handle’,” Bates explained. “If your packaging is hard to recycle, you’ll pay more. If it’s refillable, reusable, or fully recyclable, you’ll pay less.”

We need to stop treating end-of-life as an afterthought

This eco-modulation approach aims to reward good design and penalise wasteful practices, effectively embedding circularity into the cost structure of packaging decisions. Thomas highlighted how this will change internal conversations within companies: “Design teams have long been overruled by marketing departments wanting glitter or metallic finishes. Now, those embellishments come with a price tag.”

Crucially, EPR isn’t just about recycling—it also encourages reuse systems, refill models, and material reduction. Businesses will only pay once for reusable packaging, incentivising longer-lasting design.

Bates confirmed that support mechanisms like VAT exemptions, behaviour change campaigns, and technical advisory committees are being put in place to aid this transition.

The session also tackled the role of designers in the EPR landscape. Thomas called for clearer communication across the value chain: “Designers aren’t always packaging experts—they rely on specifiers and suppliers. We need simple, transparent tools that help every stakeholder understand what’s recyclable, what’s not, and what costs what.”

Bates agreed, noting that more guidance and labelling clarity is on the way, alongside expanded legislation in areas like textiles and the built environment.

Ultimately, EPR isn’t just a policy—it’s a market signal. “We need to stop treating end-of-life as an afterthought,” Bates said. “If it’s not recyclable, refillable, or reusable—don’t put it on the market. That should be the default.”

Circular Restaurant Interiors? We’re Lovin’ It! Anthesis & McDonald’s Use-case

Day 2 of the Festival saw Sarah Griffiths, Associate Director at Anthesis, and Guillermo Mijancos, Construction Manager at McDonald’s, break down how they’re making McDonald’s restaurant interiors circular.

Since 2021, Anthesis and McDonald’s have worked to develop a tool to measure the embodied carbon, water, and circularity impacts of interior restaurant decors.

The tool is designed to compare environmental performance across different material/product types and interior design schemes.

Mijancos explained the assessment process, which begins when McDonald’s develops an initial design specification for a new restaurant décor.

From there, potential suppliers are contacted for environmental product data across all material categories.

Supplier data and Ecoinvent data are then analysed to track the best and worst-performing materials by category. This allows McDonald’s to set sustainability targets for décor schemes. Material analysis is then reviewed, and best-performing materials are targeted for specification.

New sustainable materials are tested for performance capabilities; for example, durability in high-use areas. The final step sees the overarching décor performance monitored and enhanced over time.

Griffiths went on to explain that the tool established a 14% baseline for circularity in interior décors, and found by making some, of what she called, ‘no-brainer’ changes, McDonald’s increased this in many designs to 39%.

Both speakers then told Festival delegates that to move forward with increasing the circularity of the décor schemes, they’ve considered several interventions.

These include implementing take-back schemes with suppliers, tracking and increasing disassembly in practice through reuse networks and other partnerships, and introducing increased recycled content, as well as specifying a minimum %.

Both Griffiths and Mijancos then spoke about the next steps of their collaboration, which included evolving the tool to include an overarching sustainable score/rating to encompass circularity, water and carbon metrics.

Building in Circularity and Sustainability at Unusual HQ: Corstorphine & Wright

In this use-case-focused session, Jonny Plant, Director of Corstorphine & Wright – an award-winning architectural practice – shared insights into an innovative project where a circular focus was at the heart of a new office’s construction

Unusual Rigging HQ was a design and build project that embedded circularity into every stage of the process.

Founded in 1983, Unusual Rigging is a dynamic company offering a variety of different services ranging from refurbishing the flying system of a century-old theatre and hanging artworks in one of London’s famous museums to developing flying scenery in a West End show.

The company operates to circular principles as the products it uses are all dissembled and returned to its site once a job has concluded.

Unusual Rigging wanted to reflect these circular principles in the design of its new headquarters, so enlisted Corstorphine & Wright.

Plant explained that Corstorphine & Wright used the project as a test bed to develop its own processes for designing and building to circular principles.

Corstorphine & Wright worked to the Greater London Authority’s (GLA) six principles of circular design: building in layers, designing out waste, designing for longevity, designing for adaptability or flexibility, designing for disassembly, and using systems that can be reused and recycled.

Plant told Festival delegates that the biggest driving principle in the project was designing for disassembly and the practice worked hard to ensure everything in the office was mechanically fixed, including its timber frame.

As well as the GLA’s six principles, Corstorphine & Wright also focused on using reclaimed products and materials.

The practice did this by reusing steel for the steel frame and reusing raised access floors throughout the building. They also utilised reclaimed landscape materials from local demolition sites.

Plant told Festival delegates about the environmental impact the project achieved. Using low-carbon concrete in the substructure saved 18.9 tonnes of CO2 compared to business-as-usual designs.

Utilising reused steel saved 19.9 tonnes of CO2 and constructing the building with a timber structure saved 21.5 tonnes of CO2.

To drive home the environmental impact of designing to circular principles, Plant showed delegates that the Unusual Rigging HQ build had an estimated total embodied carbon of 364kg of CO2 per square metre. The current average is 950kg of CO2 per square metre.

Case Study: From Pineapple Waste to Planet-Saving Textiles

What if the future of sustainable materials was hidden in plain sight—in pineapple fields? At the Festival of Circular Economy, Raquel Prado-García, Head of Research & Sustainability at Ananas Anam, took attendees inside the journey of transforming agricultural waste into a globally recognised circular textile: Piñatex.

In a session titled Reworking Fibers for Circular Materials, Prado-García explained how her team upcycles discarded pineapple leaves—once burned or left to rot—into a durable, plant-based alternative to leather and textiles. “We don’t touch the fruit,” she clarified. “We work with the leaves, a by-product of harvesting, and turn them into value.”

The process is low-impact and largely mechanical, avoiding bleaching and minimising emissions. Beyond environmental benefits, it provides local farmers with an additional revenue stream and helps prevent air pollution caused by uncontrolled agricultural burning.

We’re not just selling materials. We’re co-developing solutions.

But Ananas Anam isn’t stopping at Piñatex. Prado-García outlined how the company runs in-house life cycle assessments (LCAs) to identify the most environmentally intensive parts of their process—specifically purification and fibre structuring. “We don’t guess. We use data to guide improvements,” she said, citing plans to automate and optimise water and energy use through cross-industry partnerships and scientific collaboration.

These partnerships are key. From yarn spinners to research labs and universities, Prado-García emphasized the power of “transdisciplinary” work—bringing together science, engineering, and design to create scalable innovations. “We’re not just selling materials,” she said. “We’re co-developing solutions.”

That collaborative spirit has led to products as diverse as fashion collections, automotive interiors, and experimental yarns, with the team now eyeing new industries—including music equipment cases.

Still, challenges remain: scaling production, navigating manufacturer resistance to change, and avoiding overconsumption. “Just because a product is successful doesn’t mean we should overproduce it,” she warned. “True sustainability is not about more—it’s about enough.”

Asked what drives adoption, Prado-García kept it simple: “Make it beautiful, make it comfortable, and people will wear it.”

Ananas Anam’s case study is a compelling reminder that circular design isn’t about reinventing the wheel—it’s about reimagining waste, reworking systems, and doing more with what the planet already gives us.

Day 1

Keynote: A Future Forward Perspective on Circular Living

‘We are called to be architects of the future, not its victims.’ – R. Buckminster Fuller.

In a fascinating Keynote, Dr Sally Uren OBE, Executive Director & Chief Acceleration Officer, Forum for the Future, shared this quote from the renowned architect to show how achieving a circular economy by 2050 is within reach.

Dr Uren told delegates that if we are serious about circularity, it starts with changing our mindset.

If we carry on what we’ve been doing and thinking in the same way, we will carry on with the same systems, Dr Uren said.

On the first morning of the Festival, Dr Uren explained what she sees as four business transition trajectories: profit supreme, shallow gestures, tech optimism, and courage to transform.

Profit supreme prioritises profit over societal challenges, shallow gestures involve superficial commitments, tech optimism utilises technology, and courage to transform focuses on bold ambitions for positive impact.

Interestingly, Dr Uren explained that while the profit supreme trajectory may not be good for climate resilience, it can encourage circularity driven by input cost.

Dr Uren went on to say that the key to unlocking a circular economy is to understand the world as a set of interconnected systems.

“When we think about circularity and waste management, we think about a set of material streams. If we really want to achieve this transition, we need to understand the interconnectivity between material resource streams and value chains,” Dr Uren said.

Concluding an insightful keynote, Dr Uren shared a quote from science fiction author William Gibson: ‘The future is already here it’s all around us, it’s just not evenly distributed.’

Changemaker Session: Design must lead, not follow

Textiles

At the Festival of Circular Economy, a provocative session titled Design at the Crossroads laid bare the growing tension between visionary design and cautious corporate culture—and called for a shift in power.

Experts Mark Shayler and Paul Foulkes-Arellano didn’t mince words: sustainable transformation won’t happen unless designers are empowered early, treated as systems thinkers, and supported by clients willing to break the mould.

Design, they argued, is “the most powerful environmental tool we have”—but it’s often brought in too late, boxed into briefs that treat circularity as a bolt-on rather than a foundation.

“We’re still treating 20% recycled content like that’s the summit of sustainability,” Shayler warned. “It’s not. It’s barely the foothills.”

The session urged businesses to rethink how they work with designers—starting with mindset.

We’re still treating 20% recycled content like that’s the summit of sustainability

Too often, marketing directors and executives “quake” at the idea of system-wide change, fearing the boardroom more than the breakdown of the planet. The result? Performative “design theatre” in place of real innovation.

Yet there was hope. Designers today are refusing briefs from clients not ready to engage meaningfully with circularity. They’re choosing to work with businesses who, as Shayler put it, “have already turned up at the station.” AI is also proving a powerful ally—turning complex ideas into clear graphs that win over skeptical CFOs and unlock funding for genuinely circular innovation.

But the biggest takeaway? We need better clients. “Clients like you and me,” joked Shayler, “iconoclasts willing to break things up.”

Designers were also urged to rediscover their inner “activist”—to use workshops not just to ideate, but to radicalise. When designers embed circularity into their practice and their presence, real change can ripple across supply chains and boardrooms alike.

Textile Futures: Circular Business Models in Action

This expert panel dived into the intriguing subject of the future of textiles by examining what their circular business models look like in action.

Chaired by fashion industry expert and education consultant in circular design and responsible business Katarina Rimarcikova, the panel each had the floor to give an overview of their businesses before the session rounded off with questions from delegates.

Michael A. Cusack, Chief Sustainability Officer at Advanced Clothing Solutions (ACS), spoke about how the business began by renting out Scotland’s traditional dress: kilts.

“Kilts are so expensive, it makes sense to rent. This is how we were born,” Cusack said.

Since ACS was founded in 1997, the company has grown and evolved from renting out highland wear to formal wear, many other types of clothing, and even tents.

Despite operating in the rental market for almost 20 years, Cusack said it wasn’t until 2018 that the penny dropped that ACS was a circular economy business.

Cusack was giving an environmentalist a tour of the site and speaking about how much he admired the innovations he saw in the circular economy. The environmentalist stopped him and said that ACS were one of the innovative circular economy business models Cusack was praising.

Going back even further, all the way to the 1940s, Mattia Trovato, spoke about how Manteco has been pioneering recycled wool for almost a century.

During the 1940s, there were no imports of the finest wools into Italy,” Trovato, Head of Communication & Sustainability Expert at Manteco, said. “We had to find a way to keep producing wool fabrics out of necessity.”

Over the years, the company has never lost its DNA of wool recycling. Then in the early 2000s, the 3rd generation of the family that founded Manteco decided that circularity was the future of textiles.

Investment into research and development put the company in a good place when demand for recycled wool boomed in 2020 when trade was impacted by the COVID-19 pandemic.

Trovato explained to Festival delegates that Manteco sources scraps from textile producers and manufactures something new from these ‘waste materials’.

The biggest challenge of getting this source of material flowing was convincing the entire supply chain to collaborate on giving a new life to what was previously considered scrap material.

Remanufacturing: A Gamechanger for the Future of Circular Economy

Circular economy

“Remanufactured goods are everywhere. They cutting costs and ensuring circularity, without compromising performance,” Agnese Metitieri, Circular Economy Ventures Lead at CIRCULEIRE, said to open her fascinating talk.

CIRCULEIRE is an Irish industry-led public-private partnership dedicated to circular innovation. Metitieri shared insights from CIRCULEIRE’s report on remanufacturing but opened the discussion by explaining what remanufacturing is in practice.

Remanufacturing is a term often used incorrectly as an alternative to repurposing, restoring, remaking, or a multitude of other terms. To clear up any misconceptions, Metitieri set out steps of the remanufacturing process.

Step 1 is when a company manufactures a product and sells or leases it to a customer. Step 2 is when the product eventually becomes worn or parts break.

Step 3 sees the product returned to the manufacturer or remanufacturer, who disassembles it, inspects the product, and replaces any parts that are worn or broken.

Step 4 involves the product being reassembled and stress-tested. If applicable, any software or firmware updates are applied.

The final step sees the new, remanufactured, product offered on the market again with a ‘good-as-new’ or ‘better-than-new’ warranty.

Metitieri emphasised that the remanufactured product is technically not the same as the old one, and it is treated as a new product.

She also told Festival delegates that remanufacturing is much more efficient, and potentially easier when a product is designed from the outset to be remanufactured.

Metitieri concluded her session by explaining how remanufacturing can have a positive impact on the triple planetary crisis of climate change, biodiversity loss, and pollution.

Diving into the insights of CIRCULEIRE’s reports, Metitieri highlighted that remanufacturing has the potential to reduce resource extraction by up to 80%.

She explained that remanufacturing could also achieve a cut in carbon emissions of up to 93% and decrease production costs by up to 65%.

Design-Led Collaboration to Close the Circularity Gap

Biodegradable plastic bag

Designers, data analysts, policymakers, and waste specialists gathered for the session: Waste Not: Building End-of-Life into Business Models, where the central message was clear: end-of-life needs to be designed from the start—and no single part of the value chain can go it alone.

Chaired by Dr Adam Read MBE (SUEZ UK), the panel featured experts from across the sector, including Melody Carraro (Veolia), Tabitha Skeats (FCC Environment), Doug Simpson (GHD), and Gaspard Duthilleul (Greyparrot).

Together, they tackled one of the biggest challenges facing the circular economy: how to reduce waste before it’s created—and ensure new innovations don’t outpace the infrastructure needed to deal with them.

Carraro emphasised that good packaging design means thinking beyond aesthetics or volume. “A beautifully designed material that can’t be collected, sorted or recycled is just expensive waste,” she warned. Bioplastics were singled out as a rising issue—technically compostable but often rejected by existing facilities due to misalignment with real-world systems.

Circularity needs to be baked into regional strategies—linked to incentives like VAT relief for reuse

Duthilleul’s contribution brought AI into the spotlight. Greyparrot’s analytics are helping processors identify waste streams in real-time, generating actionable insights to improve recovery rates and efficiency. “It’s not just data for data’s sake,” he said. “It’s about closing feedback loops between design and disposal.”

Meanwhile, Simpson and Skeats called for stronger cross-sector collaboration. Modular design, adaptable assets, and clearer policies were identified as key to unlocking circularity, particularly in construction and urban planning. “Circularity needs to be baked into regional strategies—linked to incentives like VAT relief for reuse,” Simpson argued.

The session concluded with a rapid-fire debate on the most vital driver of change. While all agreed material innovation and policy reform matter, the room largely settled on a unanimous truth: nothing shifts until behaviour does.

“Design, data and infrastructure matter—but unless people are empowered and excited to do the right thing, none of it sticks,” said Carraro. “Systemic change starts with human change.”

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Memecoins have become one of the biggest topics for headlines in the crypto space due to their unique traits. The common thing among some of the most popular memecoins now is that they draw inspiration from dog-themed memes. With dogs dominating the memecoin landscape, it was just a matter of time before someone arrived to challenge them. The cat in a dogs world meme coin did just that and in a spectacular way with special attention to creative aspects. You cannot help but notice how the creators of the cat in a dog’s world or MEW memecoin have spun an engaging narrative around cats fighting against the dominance of dogs. Let us learn more about the MEW memecoin, how it works, and its special features.

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What is Cat in a Dog’s World?

Anyone who comes across the term ‘cat in a dog’s world’ in crypto will have many doubts regarding its origin and what it represents. It is probably the longest name for a crypto asset till now and that too for a unique type of assets, memecoins. If you reimagine the question as ‘What is cat in a dog world coin?’, then you can discover that it is a memecoin project on Solana. The most distinctive highlight of the project is that it challenges dog-themed memecoins like Dogecoin and Shiba Inu.

Cat in a dog’s world or MEW memecoin arrived on the Solana blockchain in March 2024, joining a list of emerging memecoins with innovative features. The primary vision of the MEW memecoin project is to serve as an alternative in a market filled with dog-themed tokens. It offers a new perspective on memecoins in a space where all you can find is “Shibas” and “Doges”. 

The MEW memecoin has become the second biggest memecoin in the Solana ecosystem after POPCAT. The growth of MEW showcases its growing popularity and abilities to draw a larger and more diverse audience. MEW showcased commendable numbers in transaction value within few hours of launch and attracted a large community.          

Distinctive Traits of the MEW Memecoin Project

The cat in a dog’s world or MEW memecoin is not just another derivative of cat-themed memecoins like POPCAT. On the contrary, it has created a new story in which one cat, MEW, takes over the memecoin underworld. You can notice how the cat coins meme paints dog-themed memecoins as villains of the story. Is the project all about a cat wiping out the Shibatoni and Doge bosses of the underworld like Jason Bourne? While the story woven around cats taking over a dog’s world is captivating, the MEW memecoin stands out with the following features.

  • Powered by Solana

The foremost highlight that you will notice on the official website of the MEW memecoin project is “Powered by Solana”. What does Solana bring to the table for memecoins? The biggest advantages of Solana for a memecoin like MEW include faster transactions, better user experience, and reduced costs. As a result, the MEW token becomes an ideal pick for efficient transactions as compared to tokens on slower networks.  

  • Formidable Market Position 

Another notable aspect of the Solana MEW coin is the impressive market presence for a new memecoin. MEW has a market capitalization exceeding $500 million with a circulating supply of around 89 billion tokens. On top of it, you can also find the memecoin listed on popular crypto exchanges, which increases its visibility. The existing market position of MEW is a clear indicator of its rapid growth in the crypto space.

  • Community Engagement

The most crucial element in the working of MEW memecoin and its success is the assurance of community engagement. You can find more than just a cat coins meme with the Cat in a Dog’s World memecoin project. For instance, the project encourages creators to join the community by creating emojis, posters, and stickers. The MEW memecoin project also empowers storytellers in the community to come up with uplifting tales featuring cats. The playful branding, vibrant community and strong community engagement will continue to push MEW towards success.

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Understanding the Tokenomics of MEW Memecoin 

Just like every new crypto asset, the MEW memecoin also invites attention partly due to its tokenomics. How did MEW rise among the ranks of top memecoins like Dogecoin, Floki, and Shiba Inu? The cat in a dogs world meme coin followed a unique tokenomics strategy of burning 90% of liquidity pool tokens. The strategy ensured that the MEW token has a stable price floor, thereby making it less vulnerable to market fluctuations.

Cat in a Dog’s World memecoin project airdropped the remaining 10% of tokens to specific users in the Solana community. The distinctive tokenomics strategy of MEW token not only ensures its stability but also encourages engagement in the community. Most important of all, the tokenomics of MEW make it one of the contenders for top positions among memecoins with diverse utilities. By positioning itself as a competitive memecoin, MEW can outperform other tokens and truly signify the win of cats in a dog’s world.

Strengths and Drawbacks of MEW 

The discussions on queries like “What is cat in a dog world coin?” must also focus on advantages and limitations of MEW token. You should know that the Cat in a Dog’s World memecoin project follows a unique theme. Rather than taking a popular meme and building a memecoin around it, the Cat in a Dog’s World memecoin uses a creative and original theme.

The cat-centric theme might not be something new, with popular names like POPCAT already grabbing attention. On the contrary, MEW is a unique memecoin because it challenges the status quo in the memecoin landscape. The other notable advantages of MEW token include the favorable long-term outlook. 

The MEW memecoin also presents some limitations such as growing market saturation and excessive dependence on community engagement. In addition, MEW token does not have a lot of use cases like other memecoins which have been integrated in the Solana ecosystem.

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Final Thoughts

The review of the Cat in a Dog’s World memecoin reveals that it is a disruptor in the traditional memecoin space. While memecoins are a new type of crypto asset, most of the big memecoin projects draw inspiration from dog-themed memes. The Solana MEW coin turns the tables by bringing a memecoin based on the narrative of a cat taking down the dogs ruling the memecoin world. Apart from the unique theme, MEW memecoin also brings strengths like faster and cost-effective transactions on the Solana blockchain. Learn more about the Cat in a Dog’s World project and explore its various offerings right now.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

The post What Is ‘Cat in a Dog’s World’ (MEW) Memecoin on Solana? appeared first on 101 Blockchains.

Getting ready for tax season

We’re already a few weeks into tax season! For many people with complicated returns, tax prep started well before January. But even if your situation is fairly simple, you would still need to gather documents, review your finances, and account for any big changes that may have happened over the past year.

Are you ready for tax season? What documents do you still need, if any? Are you filing your own taxes or hiring someone to do it?

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Couple preparing for tax season

Preparing for tax season often seems more like a sprint than a marathon. You receive your W2 forms in the mail in late January, and then it’s time to excavate your receipt shoe box and spend a stressful weekend trying to make sense of your tax return. All in all, it feels like a hurried, overwhelming, and nerve-wracking chore that you dread every year.

But what if filing your taxes didn’t have to be quite so stressful?

The trick to making your tax season a breeze is preparing for it early. As in, right now. If you want an easy and relaxed tax season, here’s what you can do now to get ready.

Make a list of the information you’ll need

One of the most frustrating moments in tax preparation is discovering you’re still missing one vital piece of information after you’ve gathered everything you thought you needed. And it’s even worse if you don’t know how to find the missing information. 

So look over the specific info you need to file now, to give yourself time to gather all the items well before Tax Day. Specifically, you’ll need:

  • A copy of last year’s tax return
     
  • The Social Security or Tax ID number of every member of your household
     
  • The income records of every member of your household
     
  • Receipts for your deductible expenses
     
  • Records of any taxes you’ve paid throughout the year

Putting together your list of necessary information and checking each item off as you gather it will ensure that you’re fully prepared when you finally sit down to file. (See also: The 7 Most Common Tax Questions for Beginners, Answered)

Organize your receipts

Keeping track of tax-related receipts throughout the year is one of the most difficult parts of handling your taxes. Many people throw all of their receipts for work-related expenses, charitable donations, mortgage payments, medical expenses, and interest statements in a single folder or box to deal with "later." 

Now is an excellent time to dig out your receipts and start organizing them according to category. Having your receipts neatly separated now will make it easy to sort the last few that come in as the year comes to a close, and can help you get into the habit of putting them in order as you receive them.

Gather your paystubs together

Though the majority of filers will receive either a W2 or 1099 form from their employer(s), it’s still a good idea to gather your paystubs before the end of the year to get a rough idea of your income. That will help you identify any potential mistakes on your W2 or 1099 forms as soon as they arrive. It’s far better to catch a mistake early rather than find you need to request a corrected form close to the IRS deadline.

Plus, checking over your paystubs all at once gives you a chance to take a look at your federal and state tax withholding over the year, as well as any pretax contributions you’ve made to your 401(k) or IRA. 

Review your W4

Another great reason to look at your paystubs now is that it gives you a chance to review your W4 with your employer. 

The W4 form determines how much tax withholding is taken from each paycheck. If you expect to receive a large refund this year, you can adjust your withholding allowances now to ensure that more of your paycheck will come home with you in 2020. If, on the other hand, you worry that you may owe money because you didn’t have enough withheld, now is a good time to adjust your W4 to be sure you don’t have the same problem in the coming year. (See also: Are You Withholding the Right Amount of Taxes from Your Paycheck?)

Send more money to your retirement fund

If you have access to a tax-deferred retirement account like a 401(k) or an IRA, now is the time to see how much money you have set aside this year, and try to increase that number. 

As of 2019, workers under 50 years old can save up to $19,000 in a 401(k) and up to $6,000 in an IRA. And every dollar you put into these kinds of accounts reduces the amount of income you have to pay taxes on. 

Now is an excellent time to try to maximize your 2019 contribution. You have until the end of the calendar year to maximize your 2019 401(k) contribution, but you can continue contributing to your 2019 IRA until April 15, 2020. 

Getting into the habit of increasing your contribution now can also help you reach the maximum in 2020, which is going up to $19,500 for 401(k) accounts, although the IRA maximum will hold steady at $6,000. (See also: 8 Tax Return Mistakes Even Smart People Make)

Plan ahead for your refund

If you expect to receive a refund this year, start thinking about the best way to use the money now. We tend to think of a tax refund as "free money," even though it’s just your own salary being returned to you. But with a free money mindset, it’s very easy to go overboard spending the refund on fun stuff, like a vacation or a new gadget.

There’s nothing wrong with enjoying your tax refund, but taking a hard look at your budget and finances now can help you to determine if having fun with your refund is the best use of the money. Is there some debt you could pay down (or pay off) with the refund instead? Or is there a major goal you’re saving toward — like a down payment on a house — that would benefit from an injection of cash? 

Thinking through the best use of your tax refund before you have it in your hot little hands makes it more likely you’ll make good decisions with it. Once you have the money in your possession, it’s very tempting to make it rain instead of saving for a rainy day.

Make your tax season less stressful

Getting a jump start on your filing chores will not only make tax season much easier, but it can also help you prepare for your finances in the coming year. Start 2020 on the right financial foot by starting your tax season preparation early.

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The trick to making your tax season a breeze is preparing for it early. As in, right now. If you want an easy and relaxed tax season, here's what you can do now to start planning. | #tax #taxreturn #financetips