IIT Madras is developing an online portal called ‘eSource’, which will serve as an online marketplace for e-waste. The portal will link various stakeholders in the formal and informal sectors (buyers and sellers). E-source will be an exchange platform for waste electrical and electronic equipment. The researchers who are working on the portal are aiming for a ‘circular economy’ and to address the gaps in the e-waste sector which is a pressing issue in India.
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This initiative by IIT Madras is being supported by the Indo-German Centre for Sustainability (IGCS). The portal will deploy image processing and natural language processing to extract product information and upload the data onto the portal. This portal could be the next unicorn of the Indian economy. Here is the link to the video about eSource.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
