We've talked about saying no to receipts on our blog in the past, but still, many of us just can't do without them. Many businesses, too, are hesitant to go receipt-less, as they want the tangible proof that goods and services were rendered.
A new smart phone app called Reseed is currently in development to help eliminate the need for receipts. If this technology takes off, its impact could be profound. In the US, receipt manufacturing uses 250 million gallons of oil, 1 billion gallons of water and 10 million trees annually.
Currently a project being completed in cooperation with the Clinton Global Initiative University Commitment to Action, Reseed lets users print records from participating stores on their smart phones. The project is being tested at the University College of London presently in hopes of soon launching it worldwide and encouraging businesses to invest.
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