PNNNew Delhi [India], June 3: EcoEx has bagged the winning award in the 'Disruptive Solutions' category at the 4th edition of the FIICI Smart Urban Innovation Awards 2023.

The summit focused on the overview of India's Journey of Development of Smart Cities, Integrating EnvironmentalFinancial Sustainability in Smart Cities which leads to empowering cities through Data-Driven Platforms and Services. The conference addressed the Key Policy Interventions and Regulatory Support for Smart Cities. Digital Solutions for a More Liveable Future.

EcoEx Enterprise EPR Solution helps the PIBOs through its traceability documentation, where data are sent to a Hyper ledger in a Block Chain, which creates a QR code that makes the solution user-friendly and improves data security. Going forward, the company is planning to launch non-fungible tokens (NFTs) for the global market. The solution is built modular and can be deployed as a whole solution or module-wise. The application has the following four building blocks and can be accessed on-premises or in a SaaS model, and it is easy to scale up and replicate.

1. Enterprise EPR module - In this module, any Enterprise can complete the entire procure-to-pay process and can get a transparent, auditable log of each transaction.

2. E-auction module- All members can use this dynamic tool for real-time negotiation with their suppliers and discover market-driven pricing.

3. E-marketplace - all the registered members can post their buysell leads, and the system does an automatic match based on a set of input data, and both can do seamless transactions.

4. Message broadcasting module - In this module admin can broadcast content to all or selected members free of cost, and this is integrated with an advanced broadcasting application.

"I thank FICCI for this recognition. This award fuels our passion to continue pushing the boundaries of innovation and bring more technology tools to improve circular economysustainability. Together, we can build a future where smart cities thrive, where environmental and financial sustainability go hand in hand, and where data-driven solutions drive positive change," added Rath.

EcoEx is the first Indian digital marketplace that offers plastic waste management services, waste commodity trading, and technology consulting services. We handle plastic and e-waste in the(Disclaimer: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)