The post VeChain Tackles Global Sustainability with VeCarbon and Eco-Friendly Blockchain Innovations appeared on BitcoinEthereumNews.com.

VeChain is using blockchain technology to promote sustainability by tracking carbon footprints and optimizing supply chains. The company introduced VeCarbon, a tool to help businesses manage and reduce carbon emissions. VeChain is positioning itself as a leader in sustainability by leveraging blockchain technology to address environmental challenges, this is according to VeChain Jenny. Through a series of initiatives, VeChain aims to promote transparency and efficiency in sustainability practices across industries.  Carbon Tracking and Sustainable Supply Chains One of the initiatives is a VeChain blockchain-based carbon footprint tracking solution that enables organisations and people to track carbon footprint in real-time within supply chains. In this way, VeChain enables companies to meet the requirements of environmental standards and reach sustainable goals. This technology allows organisations to lessen the amount of emissions they produce and thus play a role in meeting international targets for carbon reduction. In addition, the VeChain blockchain promotes a sustainable supply chain management system. The platform enables the monitoring and assurance of the products right from the time they are sourced till they are manufactured. This is to ensure that firms adopt good sourcing practices and at the same time embrace environmentally friendly policies. This is particularly important for industries that want to ensure that their sustainability claims are credible and can meet the increasing expectations of society and other stakeholders. VeChain Partnerships and How They Are Advancing Sustainability As outlined in the post, VeChain launched VeCarbon, a Software as a Service (SaaS) solution for carbon emission tracking and management. VeCarbon has a system for monitoring emissions data to support companies during their shift to low-emissions strategies. This solution is in line with global environmental standards and even in achieving net-zero emissions targets. VeChain has also partnered with various institutions to foster sustainable development goals. With the help of…

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Filed under: News - @ October 20, 2024 8:20 am