Blockchain database for sustainable biofuels.
The “Blockchain database for sustainable biofuels” project is jointly led by the Roundtable on Sustainable Biomaterials (RSB) and Bioledger and aims to demonstrate the feasibility of a blockchain-based database solution for the European sustainably-certified biofuels market, with an initial focus on the used cooking oil (UCO) biodiesel supply chain.
This project builds upon work conducted in 2017 and 2018 by RSB to explore blockchain’s potential for sustainability certification in the bioeconomy. The project engages stakeholders – including UCO collectors, biodiesel producers, traders, EU policymakers, industry associations, certification bodies and auditors – to identify any weaknesses in current biofuels traceability systems following recent fraud investigations, provide input into the development of a blockchain database prototype, and review preferred database governance models. The prototype is being tested with supply chain data volunteered by project partners and will be audited by blockchain analysts and an accredited certification body.