Verity is a digital Measurement, Reporting and Verification (dMRV) system allowing the verified tracking and data-driven scoring of sustainability attributes such as carbon intensity scores in low carbon energy and fuels value chains.
The system is currently being applied and developed with leading companies in the production of biofuels and Sustainable Aviation Fuels such as Gevo and other US companies or bioethanol cooperatives.
Verity has a very large market and environmental impact potential in the biofuels but also beyond in other commodities and segments related to agriculture, fuels, bioenergy nd other renewables.
The platform integrates farming as well as processing facility input and verification data from own tracking system as well as from a broad range of partners including equipment manufacturers, planning software, on-field sensors and remote monitoring (GIS).
Required data points are registered on a public blockchain, creating a transparent, immutable chain of custody for stakeholders, third parties and verifiers involved.
Precise CO2 emissions as well as reduction efforts can be tracked and audited at all levels of the supply chain, giving an opportunity for producers to simplify their compliance process and generate new value; and for consumers to de-risk and de-carbonize their supply chains. Such carbon accounting system also help prevent problems related to double counting.
We have built a team of passionate and comitted experts in the fields of differentiated sustainable commodities and fuels, renewable energy, automation and distributed ledger technologies.