VTB and Ecopolis Corporation have launched a project for the recycling of electronic waste and equipment with an expired service life.
Read More: Curioinvest Launches Capital Dex, the Decentralized Exchange Primarily For Security Tokens
Servers, uninterruptible power supplies, racks, storage systems, and workstations have already been transferred for processing, and ATMs, POS terminals, and office and household appliances are planned to be transferred.
“As part of the large-scale transformation of VTB, we are modernizing the infrastructure and increasing the efficiency of our data centers. This leads to the decommissioning of a large number of used equipment, and it is vital that this is disposed of in a manner that has minimal impact on the environment. Our e-waste recycling project is another step towards improving the environmental situation and improving the quality of life of every person. In future, we plan to increase the volume of equipment sent for environmental processing. ” said Vadim Kulik, Deputy President and Chairman of the VTB Management Board.
Read More: GlobalFintechSeries Interview with Joe Ehrhardt, CEO & Founder at Teslar Software
As a result of processing electronic waste and equipment, copper, aluminum, zinc and brass alloys, printed circuit boards, ferrous metals, and plastics will be obtained. Up to 95% of materials and recycled equipment become secondary raw materials, from which completely different products can be made in the future – from car hoods to remote controls. For example, 10-15 door handles and a car door can be created from one recycled server rack, and 3-4 sections of the traffic light housing can be created from a recycled printer.
VTB pays great attention to the issues of environmental protection and reducing its own environmental impact on the environment.
Read More: Why Application-Layer Security Is The Future Of Fintech
