AD
AD
  • China’s leading political party recognizes VeChain’s potential for use in tracking carbon sustainability efforts in the beer industry.
  • VeChain has been getting other commendations for its energy efficiency and could be poised for a price surge.

The VeChain blockchain mission to provide sustainable carbon management solutions to a wide array of real-world industries has just been given a massive acknowledgment by the Central Committee of the Communist Party of China for its role in revolutionizing the beer brewing industry.

In a report shared on Twitter by popular VeChain influencer ‘eisenreich’ titled “The road to green transformation of the beer industry,” the committee gave its opinion on how the local beer industry can completely, accurately, and comprehensively implement carbon neutralization before 2030.

In the report, the committee noted that VeChain sustainable carbon management solution can quantify the environmental protection behavior of each stage of the beer production chain. The lightweight network can also calculate the carbon footprint of the entire life cycle of beer in great detail. The report stated.

For the low-carbon transformation of the beer brewing industry, VeChain’s sustainable carbon management solution can quantify the environmental protection behavior of each link in the production line, calculate the carbon footprint of the product’s entire life cycle, and integrate the concept of ‘green production’ into the product,

According to the committee, this will go a long way to complement efforts that brewers are already taking to make beer production in China environmentally friendly. Some of these efforts have been championed by breweries like Budweiser who have launched the first gas-powered and hence renewable energy brewery in the country.

Following the lead of Budweiser, other beer giants like Snowflake, Tsingtao, and Yanjing have also started replacing their coal-powered boilers with gas-powered ones. In addition, the brewers have been working with both upstream and downstream partners including farmers, transporters, and distributors to make sure the entire industry reduces its carbon footprint amid the high demand for beer in the country.

VeChain’s sustainably increasing VET adoption

This is not the first time sustainability is earning VeChain accolades. Previously, the blockchain received a nod from Alexandrs Pavlovics, a senior inspector at the Maritime Administration of Latvia, for being one of the distributed ledger networks that could revolutionize the maritime industry.

VeChain was also commended by top Asian intergovernmental blockchain expert Andy Lian for using less energy than the Bitcoin network uses to mine 1 BTC.

The growing acceptance of the network by sustainably enthusiasts could see VET the native token skyrocket to new price highs. At the time of writing, the token was trading at $0.018, up 0.11% in the last 24 hours.

Subscribe to our daily newsletter!


          No spam, no lies, only insights. You can unsubscribe at any time.

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Olivia Brooke has been writing about cryptocurrencies since 2018. She's currently fascinated by NFTs and remains committed to learning and writing about the broader cryptocurrency industry. Olivia holds a Master's degree in Economics, which has provided her with a strong analytical background to delve deeper into the economic implications and financial aspects of the cryptocurrency world. Her expertise and passion for the subject make her a valuable resource for understanding the dynamic landscape of digital assets and blockchain technology. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

Exit mobile version