BYD, DNV GL and VeChain – Carbon Credit App

VeChain introducing its latest blockchain powered Global Carbon Credit APP being implemented in partnership with BYD and DNV GL. #VeChain

Saving the planet w/#VeChain

“Shu Youxing, President of BYD Automotive Intelligent Ecological Research Institute, commented “This technology not only improves our current offering but allows us to create completely new markets. The unique aspects that VeChain provide will empower carbon monitoring development and sustainable ecosystems. This solution is a glimpse into what we think we can achieve through this partnership.”

Sunny Lu, CEO and co-founder of VeChain stated, “As the global leader in green car manufacturing, BYD offered us the the opportunity to pioneer real change. It takes innovators like BYD to make the world a cleaner place. Carbon banking will be a new reality for billions.”

DNV GL, as an independent trusted third party, certifies the whole process design and checkpoints, as well as data collected by vehicle computer and stored on VeChainThor platform. DNV GL certifies including but not limited to the KYC (Know Your Customer) service, BYD data uploading API, BYD blockchain interface API, and VeChain smart contracts.

Article can be found here on Medium.

Automotive Industry

The Digital Carbon Ecosystem with BYD, debuting the carbon banking solution. Co-developed by DNV and VeChain, powering electric vehicles. This isn’t the only opportunity for, nor their only footprint for VeChain in the automotive industry.

Vehicle Automobile Digital Maintenance Book Solution

VeChain creates a digital passport of a vehicle recording all data including repair history, insurance, registration and even driver behaviour throughout its lifecycle. VeChain puts data into the hands of owners, making data management comprehensive, accessible and transparent.

VeChain Digital Carbon Platform Introduction

Together with DNV GL, and other reputable enterprises, VeChain introduces the Digital Carbon platform. This platform prompts businesses and individuals to reduce carbon emissions in a sustainable and rewarding manner. VeChain is empowering low carbon emission to form a healthier global carbon ecosystem.

Saving the Planet with Vechain | Co-Founder & CEO Sunny Lu @ Draper University