Oysterable (CEO, Tae GoanBae) announced that it introduces the AIoT smart resource circulation solution, Lalaloop at Mobile World Congress (MWC 2023) in Barcelona, Spain.
Oysterable’s Lalaloop AIoT resource circulation solution is a cutting-edge, self-serve, resource-circulating, Reverse Vending Machine (RVM) and infrastructure that creates a closed loop cycle of recyclables and reusables to solve the growing problem of single-use plastics and waste. It is composed of Lalaloop AIoT RVM’, ‘LalaloopID’, and a connected reward application. It automates the collection of resource and carbon incentive management anytime and anywhere, without the need for human assistance. It enables citizens to engage in recycling and reuse easily and conveniently for carbon neutral.
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LalaloopID is an exclusive identification code embedded in recyclables and reusables that is presented for the first time at MWC 2023. LalaloopID tracks the entire life cycle of resources, including the manufacturing, distribution, and disposal of raw materials, and data on the amount of carbon emissions and waste reduction at each stage, and individuals and companies can trade carbon credits with this data. It can be applied in various types such as QR, Barcode, RFID, Digital watermark, etc.
Oysterable introduces Lalaloop Cup with LalaloopID at MWC 2023, following the Lalaloop© AIoT Reusable Cup Solution introduced at CES 2022. It provides infrastructure for building smart cities at the enterprise, city, and regional levels, and received the interest from major buyers and investors in the U.S., Europe, and Asia before the show.
Tae-Goan Bae (CEO of Oysterable) said, “We hope that the AIoT smart resource circulation solution Lalaloop will encourage citizens to practice recycling and reuse in a more enjoyable and convenient way. As a leading AIoT resource circulation company, Oysterable will continue to contribute to global carbon neutrality with citizens with innovative and convenient technologies.”
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