Sustainability

VeChain’s Commitment to Sustainability

In addressing the world's most pressing environmental challenges, VeChain recognizes the need for collective global action. Our mission is to amplify individual efforts, addressing climate change, environmental degradation, and social inequities.

Our focus areas include access to healthy food, clean water, and fresh air, which are fundamental elements of human existence and well-being. We aim to empower individuals to engage with sustainability in their daily lives by providing tools and platforms that enable informed, impactful decisions.

Sustainable Blockchain Infrastructure

For our ecosystem to be sustainable, the infrastructure itself must first be sustainable. The VeChainThor blockchain offers an energy-efficient, user-friendly, open platform for collaboration.

VeChainThor features a new Proof of Authority mechanism – PoA 2.0, balancing speed and security, thanks to the introduction of deterministic finality and FOB (Finality with One Bit).

The result? Scalability and lower energy consumption, making it an ideal blockchain for sustainability initiatives. And we have the tools to prove it.

Energy Efficiency in Action

VeChainStats, a block explorer of the ecosystem, together with DNV, has integrated an energy calculator for transactions.
Energy consumption per transaction: 0.000216 kWh (~0.04% of Cardano)

Collaborating Toward Impact

We are actively engaging with businesses and industries to develop innovative, environmentally conscious solutions. Our ambition is to become the most sustainable blockchain network and ecosystem.

Web3 and the Future of Sustainability

Web3 technologies, such as blockchain, are transforming the sustainability landscape by fostering trust, efficiency, and innovative decision-making.

VeChain has the vision and cutting-edge technology to shape society in ways yet to be imagined. By leveraging blockchain technology, we can enhance governance, value systems, transparency, and resource management, driving a more sustainable and efficient future.

How Web3 Enables Sustainability

Decentralized Governance and Decision-Making
Web3 empowers communities through decentralized governance and inclusive decision-making. This promotes shared responsibility and transparency. Blockchains support fair decisions and involve communities through decentralized autonomous organizations (DAOs).

Value, Tokenization, and Incentivization
Web3 helps us understand and share value by considering social, environmental, and economic factors. It supports a shift toward sustainability, like getting rewarded for using a reusable mug or purchasing organic food, and redefines how we perceive “value.”

Transparency, Accountability, and Verification
Web3 enables public data tracking and auditing. It ensures that sustainability reports from companies and governments are verifiable, building trust in their commitments. And allows rewarding the right people.

Efficient Resource Management
Automated systems help reduce waste and increase efficiency. Smart contracts and decentralized applications enhance the utilization of resources.

By leveraging these capabilities, VeChain is at the forefront of integrating blockchain technology with sustainability initiatives, driving meaningful change on a global scale.

We envision a future where our systems are seamlessly integrated, fostering trust, efficiency, and informed decision-making.

Saving our planet is the most pressing challenge of our time.