VeChain showcased its innovative digital carbon management platform, VeCarbon, at the AWS China Summit, highlighting its role in promoting sustainable global business expansion.
The integration of VeChain’s solutions with AWS technology demonstrates its readiness to lead the sustainability industry.
According to an update on VeChain’s official website, the company recently took center stage at the Amazon Web Services (AWS) China Summit Energy Forum in Shanghai. This prominent event in the energy sector showcased how cloud services and generative AI can propel enterprises towards global expansion and the achievement of zero-carbon and sustainable development goals.
During the summit, VeChain, a key participant and collaborator with AWS, introduced its comprehensive digital carbon management solution, VeCarbon. Tian Xinli, VeChain’s Senior Director of Pre-Sales and Solutions, provided insights into the platform, which is specifically designed to facilitate carbon compliance for China’s battery and Carbon Border Adjustment Mechanism (CBAM) industries.
VeCarbon aims to enhance global accessibility and efficiency in carbon management and will be launched on the AWS Marketplace. Collin Brown, a blockchain expert and crypto community influencer, applauded VeChain’s efforts in fostering sustainable futures in a recent tweet.
VeChain’s integration with AWS technology utilizes a microservices architecture to deliver robust solutions, including CBAM product carbon accounting and compliance with the new EU battery law carbon footprint requirements. The platform offers a one-stop professional service for CBAM compliance, providing a streamlined and efficient online system for quick product evaluation and carbon compliance management, which is crucial for enterprises aiming to export to the EU. Additionally, VeCarbon provides comprehensive carbon management platforms that address the complexities of multi-tier supply chains and rigorous carbon accounting standards, particularly benefiting the electric vehicle (EV) battery sector.
Despite the positive showcase at the AWS summit, VeChain’s market performance has shown some fluctuations. As reported by CNF, VET’s price has seen a decline of 2.93% over the past day and 2.73% over the past week, currently trading at $0.03419.
In conclusion, VeChain’s demonstration of VeCarbon at the AWS China Summit highlights its commitment to driving sustainable global business expansion. The integration of VeChain’s solutions with AWS technology showcases its readiness to lead the sustainability industry and provide impactful solutions for carbon management.