The primary objective of the partnership is to build a blockchain infrastructure for the biofuel sector.
VeChain has been establishing new partnerships in recent months.
Per a press release issued by the UCO network, it has partnered with VeChain (an enterprise blockchain provider) to develop blockchain systems for the biofuel space. The official statement reads, “UCO network has a full alignment with the VeChain foundation over governance, social, and environmental goals. This alignment has been a crucial contributor to the creation of this natural and exciting partnership.”
Why the partnership with the UCO network?
The UCO network is the first biofuel platform built on the blockchain aimed at solving issues related to environmental, social, and governance (ESG) systems. Its services include cooking oil traceability solutions. But with emphasis on compliance with the renewable energy directive ii of the European Union. The network explains that the platform combines two novel...
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