This is how Traces Quebec, the only traceability scheme currently in operation, describes itself:
Traces Quebec is a private real-time waste tracking solution. Hosted on a web platform, Traces Quebec allows owners to follow in real time the movement of their materials and to have an encrypted, confidential and archived trace of the entire process. In the era of transparency and eco-citizenship, Traces Quebec allows organizations to demonstrate beyond any doubt their exemplary management in the disposal or treatment of these materials.
The goal is to do the same with plastics that leave recycling facilities. Now, they are sold to the best bidder, very often ending up in other countries because it costs less than sending them to landfill. Where exactly does the plastic go? Suffice it to say, it's not being utilized to its full potential.