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VeChain Partners with Amazon to Build a Green Sustainable Future

June 29, 2023
in Crypto News
Reading Time: 4 mins read
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Source: Akarat Phasura – Shutterstock

  • Amazon is intensifying its efforts into the sustainability niche.
  • It is partnering with several firms it hopes to empower including VeChain’s Shanghai Tanlian.

Amazon has listed Shanghai Tanlian Technology Co., Ltd., the company behind VeCarbon, the VeChainThor public blockchain and many other firms as partners in its “Amazon Cloud Technology Sustainable Development Partner Program” which was released during its recently held summit in Shanghai. 

The others partners are Deloitte China, Accenture, PwC China, Capgemini China, NTT DATA, Boss Cloud, Centific, Changhong IT, Ecorod, InnoBlock, Carbon Trust, TUV Rheinland, Miaoying, Zhiding, Goldwind, Hanlin Yixun and Zhixin Yuanjing, etc.

VeChain Foundation educationist @eisenreich confirmed the news of the Sustainable Development partner program launched by Amazon. According to his tweet, the program is focused on building applications and tools to promote the green transformation of enterprises.

Amazon Cloud Technology 🇨🇳 recently announced its Sustainable Development Partner Program to build applications and tools to promote the green transformation of enterprises. 🌱

Shanghai Tanlian was in the first batch of partners to join the program. #VeCarbon#VeChain $VET #ESG pic.twitter.com/Lp8XVxC36h

— eisenreich (@eisenreich) June 28, 2023

Amazon plans to empower these tech companies through capacity building and strategic collaborations amongst themselves. Specifically, these partners would be provided with industry and trade integration, ODM/OEM and brand enterprises with full-link solutions from overseas route planning, and product intelligent upgrades to digital marketing promotion. The focus is to assist them in building cross-border business faster. 

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Also, Amazon is providing these partners with exclusive access to technical and industry expert teams. They would also get to leverage Amazon’s resources in terms of e-commerce, advertising and logistics. 

A manufacturing centre which encourages overseas manufacturing and gathers resources to promote overseas expansion will also be launched. The first one is to be situated in Suzhou and the first partners of this overseas plan are Tuya, Haofang Group, Shanghai Pudong Development Bank, Chuangda, Quectel, Wisdom Technology, Shulex, Haibang Yiteng, Jilue Technology, and Boshang Global.

Ultimately, Amazon plans to work together with these partners to achieve green transformation and sustainable development through energy and carbon management consulting, carbon measurement and ESG reporting, industrial energy-saving optimization, and clean energy replacement. This goal is core to the VeChain ecosystem especially as it concerns VeCarbon. The technology has been leveraged over time to help tech companies and others efficiently manage their carbon footprint. 

VeChain Technology Lead Carbon Management and Sustainability 

At the same time, many governments have become keen on carbon management and sustainability to help them control their impact on climate change. This heightened interest has put VeChain at the forefront of the agenda. The VeCarbon protocol is designed in such a way that it reduces industry carbon footprint through 24 industry greenhouse emission accounting standards and reporting guidelines. 

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Markedly, the protocol has several uses including formulating a carbon emission plan, original data entry, and carbon emission monitoring. Some other management functions of the platform are emission result calculation, carbon inventory report calculation, data visualization and analysis. Due to the extensive use cases of the VeChain technology, the platform has recorded hundreds of millions in transactions.

Renowned retail store Walmart recently expanded its partnership with VeChain to include more products and categories than before.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


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