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- VeCarbon, an expression of VeChain’s superior tech is helping to power Carbon emission management.
- The protocol is enhancing VeChain’s effort to be the top leader in the fight against Climate Change.
VeChain, the enterprise-grade Layer-1 smart contract platform is making a significant in-road in helping companies around the world meet their Carbon management needs more efficiently. As unveiled by the VeChain Foundation educationist @eisenreich, hundreds of companies are currently utilizing VeCarbon, a VeChain-backed Software as a Service platform for their Carbon management.
VeCarbon is a zero-threshold carbon management #SaaS. At present, hundreds of companies have achieved efficient management of their own #carbon emissions and the carbon footprint of their products with the help of the #VeCarbon. #VeChain $VET #Sustainability #Blockchain #Tech https://t.co/bqtaoAvQrg pic.twitter.com/ayRV66116i
— eisenreich (@eisenreich) February 19, 2023
The clamor for Carbon management and general sustainability drive is growing around the world today. With the G7 and the G20 as well as the United Nations and other regional bodies focused on ameliorating the impacts of Climate Change, VeChain’s capabilities in driving this agenda have grown over the years.
The design of the VeCarbon protocol is aimed at enhancing the efforts of corporations making frantic efforts to lower their carbon footprints. According to the accompanying description of VeCarbon, the platform provides 24 industry greenhouse emission accounting standards and reporting guidelines.
The accounting and reporting standards align with the provisions of the National Development and Reform Commission and a professional template of ISO14064-1:2018. While there are many uses of the VeCarbon protocol, users can utilize it in specifically formulating their carbon emission plan, original data entry, and Carbon emission monitoring.
The versatility of the VeCarbon platform will also be showcased in the core management functions it can aid firms to perform. These management functions include but are not limited to emission result calculation, carbon inventory report calculation, data visualization, and analysis.
The concept of Carbon monitoring is a very delicate one that takes only outfits with the best technology to figure out. While the VeCarbon platform has not yet gone as mainstream as intended, it has been proven to offer a number of unique advantages across the board.
Some of these advantages include the identification of multiple carbon emission sources, the clear accounting boundaries it presents scientific greenhouse gas quantification models, and the provision of authoritative emission factor data amongst others.
VeChain is Driving the Future Fight Against Climate Change
VeChain has gained immense traction as the preferred protocol helping to drive new frontiers as it concerns climate change, sustainability, and transparency. As previously reported by the Crypto-News Flash, VeChain is now helping to champion the transition from animal-based protein sources to plant-based meat options as a strategy to significantly lower carbon emissions.
According to the outline of China’s Food and Nutrition Development (2014-2020) prepared by the General Office of the State Council, VeChain can be used as the blockchain of choice in registering data billed for storage by startups looking to make this transition as well as subsequent sustainability tracking.
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The full-blown capabilities of VeChain are further enhanced following its recent mainnet upgrade back in the fourth quarter of last year. As an enterprise-grade smart contract platform, VeChain needs to maintain a fast and cheap network response as well as an enhanced user experience in order for it to go mainstream.
Thus far, the protocol has done this and it is showing in its native token’s price which surged more than 12% today to $0.03106
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