VeChain (VET) division and offering blockchain-based carbon management services andCarbonShanghai Tanlian Technology, the company behind Amazon Web Services (AWS), has become a technology partner and influences national-scale carbon management services.
In the announcements made by the VeChain foundation and AWS, references were made to efforts to reduce the “carbon footprint”.
In the statement made by AWS, the following statements were included:
“The VeCarbon carbon management SaaS system (Beijing area operated by Sinnet and Ningxia area operated by NWCD) built by Shanghai Tanlian based on the services of AWS China currently provides services such as cement, building materials, food and beverage, agriculture, transportation.
In many industries, these services not only help these companies better promote their “carbon summit” and “carbon neutral” “double carbon target” management, but also offer various benefits for the company itself and industry customers.
Going forward, Shanghai Tanlian will further collaborate with AWS in the field of sustainable development and carbon management, and introduce more innovative technologies, including machine learning technology, to provide more comprehensive data to the VeCarbon carbon management SaaS system.
Following the announcement, the price of VET pulled back a bit, up 10%.
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VeChain (#VET) has established a technological partnership with Amazon Web Services (AWS).
— Bitcoin System (@bitcoinsystem) August 2, 2022