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672,938 Lbs Of Plastic Waste Removed From The Ocean, Verified By VeChain

May 20, 2021
in Australian Crypto News
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672,938 Lbs Of Plastic Waste Removed From The Ocean, Verified By VeChain
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VeChain blockchain technology is being used by a Danish ocean and river cleaning company operating in Indonesia. The community-driven project called ReSea will now be able to assure traceability and integrity for the waste removed and all the steps that follow.

The project certification is aimed at the collection of plastic by the community and then delivery to waste deposits. ReSea is the community-driven project, that uses VeChain technology for data collection and traceability, which is done according to DNV GL’s Chain of Custody standard to show compliance.

The significant ongoing cleanup around the world creates a growing market need to provide trust and transparency in claims. An independent third party like us can verify the origin and traceability of recovered plastic against established requirements in the standard. For ReSea Project, certification of its traceability system assures transparency of its entire plastic collection process,

Antonio Astone, Global Service Manager Assurance and Supply Chain in DNV GL [source]

VeChain’s Part In The Project

VeChain’s ToolChain platform will be utilised with its associated mobile app in order to collect, store, and monitor data at specified control points in the collection process. This will aid in the real-time validation of plastic collected by the initiative and securely the data on the blockchain.

The certification verifies the plastic extraction and quantities, which helps ensure fair compensation to the local collection cleanup team, like the local fishermen involved, and provides transparency into the collection process

Antonio Astone, Global service manager Assurance and Supply Chain in DNV GL[source]

The high level of traceability provides proof of the plastic’s source and authenticity certified by an independent third-party (DNV GL) allows anyone to trace the plastic from its extraction point and view its journey to the waste bank. Through this a window is created where partners can see verified metrics of the efforts to keep oceans and rivers plastic free.

Here is just one of the examples of how blockchain technology can be leveraged to help solve environmental issues, offering a different perspective after recent concerns related to Bitcoin network power demands. By working with communities and empowering the individuals that live within them, projects like these can help better understand and rehabilitate scarred ecologies.

Join in the conversation on this article’s Twitter thread.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


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