Amazon Web Services (AWS) Becomes Technology Partner To VeCarbon, Enabling (Inter)National Scale Carbon Management Services.

AWS Case Study: VeCarbon — Business needs and challenges

In September 2020, China set out stringent carbon emissions targets, namely the dual carbon goals of “carbon peaking” by 2030 and “carbon neutrality” by 2060. With this goal in mind, companies have had to address their existing business models and seek to reduce their carbon footprints using technological means.

Founded in 2021, VeCarbon focuses on building carbon-neutral digital infrastructure using blockchain technology and providing trusted carbon emission MRV solutions. VeCarbon features a professional carbon asset development and management team with a great deal of experience providing carbon asset management services for enterprises, governments, factories and more.

Additional team expertise includes backgrounds in carbon verification, national greenhouse gas inventory compilation, national CCER project development, national and Shanghai standard carbon calculation and a plethora of published SCI articles in top international journals.

By combining industry experience and [VeChainThor’s] blockchain technology, the VeCarbon carbon management SaaS platform aims to help governments, enterprises and financial institutions achieve low-carbon transformation, comprehensively serving China’s carbon neutrality goals, as well as meeting global Sustainable Development Goals (SDGs).

 VeChain’s VeChainThor public blockchain is on a mission to deliver blockchain-based carbon management services. In a blog on their Medium page, the firm has revealed that their VeCarbon initiative has formed a new technical partnership with Amazon Web Services (AWS). The partnership aims to help VeCarbon fulfill its ambitions.

What will VeChain and Amazon Web Service Bring to the Table?

VeChain’s VeCarbon and Amazon Web Service announced their partnership after a detailed survey of cloud service providers. As per the blog, the partnership will aim to provide enterprise customers with a reliable carbon emission management system. Moreover, they also plan to provide data security and compliance. Additionally, Amazon Web Service has a name for state-of-the-art data protection and compliance. The cloud service provider also has good ties with Intel and AMD, ensuring that enough computing power is available.Moreover, AWS also provides a plethora of other services such as the Internet of Things (IoT), smart warehouses, and advanced architectures & solutions.

Furthermore, sustainable development is one of Amazon’s top priorities for its global business. Amazon pledged to achieve net zero carbon emissions by 2040 and launched the “Climate Declaration” in 2019 with the support of more than 200 nations.

Cement, building materials, food and beverage, agriculture, and transportation are just a few of the industries that the VeCarbon carbon management SaaS  (Software as a Service) solution is starting to service. Industrial customers may now meet the “dual-carbon” objective while also generating a range of benefits for the business and its clients.

At press time, VeChain’s native token VET was trading at $0.02701500, down by 2.1% in the last seven days. Nonetheless, the project is up by 14.7% in the last week.