The Blockchain database for sustainable biofuels programme is jointly led by RSB and Bioledger and aims to demonstrate the feasibility of a blockchain-based database solution for the European biofuels market, with an initial focus on the used cooking oil (UCO) biodiesel supply chain.
The growth and integrity of the sustainable biofuels industry, as well as the interests it seeks to protect, are in jeopardy due to the vulnerabilities in methods it currently uses for tracking transaction claims and verifying their authenticity.
RSB and Bioledger explored a solution to this risk, leading to the development of a highly innovative, simple, and secure centralised database for tracking the data generated by biofuels transactions, utilising the powerful and incorruptible capabilities offered by blockchain technology.
