ReValue Digital Ecosystem: A Model for a Solution

Andres Valongo
July 12, 2022

To achieve a systematic change, given the situation, we must find the solution by optimising the sector that manages used equipment.

We believe that the biggest challenge is to acquire a mindset, in economic processes, that is circular at the expense of the "old" concept of linearity.

Many actors, involved in the ICT sector, are trying to develop new processes and certifications to comply with the new green regulations, but it is a path still unknown to most people due to the lack of information and disorganisation in the management of transactions.

Data at hand shows that, in the European Community, most of the ICT devices, more than 50%, are catalogued as E-waste, without anyone really checking if they are EOL or if, integrated in the right channels, they could extend their life cycle for a few more years. All this happens because some fundamental components are missing, such as the classification and subsequent traceability of devices, a secondary market that is still disorganised and not stale. The incentive to pursue the path of refurbished devices, even with the Green Deal, at least on the part of European economic policies, something positive is changing.

The transition towards a circular ICT sector requires a system that connects all the actors involved in the End Of Life of devices, starting from industrials, refurbishers and certifiers.

We have developed this system at Circular Technologies!!!

The Digital Ecosystem ReValue created by us, allows, through a dedicated digital platform, to enable the development of the secondary market according to the regulations expressed by the GPP and the indications of the JRC.

This solution allows the search for opportunities through an intelligent intermediation, which allows the various actors to make the most of their devices EOL both in acquisition and sales. It allows traceability of every single product that passes on the platform throughout its life cycle, to transform the costs of disposal, by companies, in revenues, to provide the necessary material to reconditioners to extend its life cycle and put it back on the market. All this process is finally certified giving way to the actors to have documentation for non-financial statements as required by law.

The ecosystem aims to match the technology benchmark of the EOLs of a given industry or company, linking this to the demand for the specific reconditioners for two main purposes: first, to coordinate a complex network of specialised reconditioners, with a specific technology benchmark and the corresponding certification of technical performance, second, the industry or company can track the emissions saved by this operation with the matched certification.