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LOS ANGELES -- Clean Vision Corporation (OTC PINK: CLNV), a holding company that acquires and operates sustainable clean tech and green energy businesses, today announced that its Clean-Seas subsidiary has filed for intellectual property protection of its technology entitled "Method and Apparatus for Plastic Waste Recycling" with the United States Patent and Trademark Office covering its global Plastic Conversion Network ("PCN").

The patent application claims cover the aggregation of the developed world's waste plastic stockpiles with emerging market countries through the use of a blockchain-based network, in order to convert the waste stream into a high value, environmentally friendly commodity. A McKinsey & Co. report states that by 2030, "plastics reuse and recycling could generate profit-pool growth of as much as $60 billion for the petrochemicals and plastics sector."

In 2017, China instituted its National Sword policy which closed its borders to the importation of waste plastic and other recyclable materials. This created a global crisis for developed nations that had used China as its dumping ground. The PCN was created to solve a global problem that faces the developed nations of the world that no longer have a place to export their recyclable materials.

The Clean-Seas PCN is designed to:

Commenting on this extraordinary new development, Dan Bates, Clean Vision Chief Executive Officer, said, "The PCN was created to solve a global problem. We recognize that these millions of tons of waste plastic have a high caloric (energy) content and can produce high-value, environmentally friendly commodities for the good of the company, developed nations and the host countries that will accept and process this valuable waste stream. Using the blockchain to manage and load balance the network, we improve transparency, efficiency and operational costs, driving down the cost of processing and further increasing our profitability."

The Company is in discussions with host countries on several continents and, by year end, expects to announce deals to host the waste stream, secure feedstock agreements and begin processing the plastic.

The global landscape for disposal of waste plastic is changing rapidly and at the highest scale. For example:

The patent application states: The PCN network is designed to be implemented on a software-controlled blockchain network that manages the sourcing, distribution, storage and processing of waste plastic from developed nations to a network of host countries according to proximity, load balance and capacity of the network's processing capability.

Clean Vision is a public company that acquires and operates a portfolio of synergistic companies in the sustainable clean technology and green energy sectors. To view CEO Dan Bates' July 21 investor presentation delivered at the Emerging Growth Conference, click on: https://youtu.be/Iywz3YnCRdg. For more information, visit: cleanvisioncorp.com.

Clean-Seas, Inc. provides efficient and cost-effective technology solutions that address the global waste plastic crisis, as well as create economic opportunity and social benefit in emerging and developed economies across the world. It offers "best-in-class" pyrolysis technology deployment for plastic waste-to-energy recycling, including securing feedstock and off-take agreements. For more information, visit: clean-seas.com/.

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