News

  • Photo: GSBN

04.04.2024 By: Patricia Büeler


Artikel Nummer: 49106

Blockchain pilot for green shipping certificates


Global Shipping Business Network (GSBN) has completed a pilot with Cosco Shipping to issue traceable and verifiable green certificates using blockchain technology. The initiative aims to enhance market confidence in greenhouse gas (GHG) reduction claims by linking the proof of sustainability certificate, documenting biofuel purchases, to green certificates issued to corporations.

 

This connection ensures that each green certificate corresponds to an actual biofuel purchase, which will foster trust among stakeholders.

 

GSBN plans to document the entire biofuel procurement process on its blockchain to maintain the integrity of environmental claims. The solution supports Cosco's commitment to reducing emissions and provides customers with assurance of immutability and traceability. (pb)

www.lines.coscoshipping.com

www.gsbn.trade

 

 

 

Related news