The Roundtable on Sustainable Biomaterials and Bioledger are using blockchain technology to fight fraud and see how it can support traceability of biofuel and its feedstocks and overcome the vulnerabilities identified in securing the supply of sustainable renewables. The proposed solution a blockchain database that enables verifiable proof of origin, secure consignment creation, process simplification, audit efficiency, data integrity, and central governance was prototyped and trialed with project partners to process a total of 1,927,906 liters of feedstock, accurately representing real-life commercial and operational processes.
In today’s Digest, how blockchain can help prevent fraud in biofuels, details on this RSB, Bioledger project which included Greenergy and other real-world biofuels players, reactions from the stakeholders, and more.
Fighting Fraud with Tech – RSB, Bioledger Build up Blockchain for Biofuels Traceability – Advanced BioFuels USA advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.