Case Study: The Botanical Water Exchange — Contributing to Sustainability Targets in Manufacturing Ecosystems
This IDC Perspective is a case study about the blockchain-based Botanical Water Exchange (BWX). It describes how this digital trading platform contributes to sustainability targets in manufacturing ecosystems by bringing together buyers and sellers of purified, sustainable water. It will look at the benefits for stakeholders in this ecosystem as well as highlight the key challenges to such a digital platform. Regarding this, IDC exchanged views with Terry Paule, co-founder and CEO of the Botanical Water Technologies Ltd. "The Botanical Water Exchange is an excellent example of how ecosystem strategies can contribute to achieving sustainability targets. At the same time, it shows how blockchain can be used to enable ecosystem-driven business models," said Stefanie Naujoks, research director, IDC Manufacturing Insights.
Please Note: Extended description available upon request.
- Executive Snapshot
- Situation Overview
- Technology Innovation: Harvesting Water From Plants to Tackle Global Water Shortages
- The BWX Platform: Connecting Buyers and Sellers of Plant-Based Water
- Benefits for Ecosystem Stakeholders
- New Revenue Streams
- Availability of Sustainable Ingredient Water
- Net Water Positive and Social Development Goal Impacts
- Key Challenges: Moving From Manual to Digital Operations to Enable Scalability
- Major Enabling Technologies: Cloud, IoT, and Blockchain
- Advice for the Technology Buyer
- Learn More
- Related Research
- Synopsis
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