BYD to bring Blockchain based Carbon Credit Bank Solution

BYD to bring Blockchain based Carbon Credit Bank Solution

The Shanghai-based electric vehicle and battery supplier BYD has partnered with DNV GL and VeChain. The BYD aims to integrate carbon banking solution developed on VeChainThor public blockchain in all its cars. The proof-of-concept has been completed. The solution developed would also reward the vehicle operators with carbon credits based on driving and carbon reduction.  

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