Enviva partners with GoChain to pilot blockchain technology for sustainable biomass - Global Paper Money

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Enviva partners with GoChain to pilot blockchain technology for sustainable biomass

BETHESDA, Md. (News release) -- Enviva and GoChain, a blockchain company that drives the adoption of impactful technologies, announced the initial results of a pilot program designed to enhance the traceability of sustainable biomass.

The pilot program identified a select group of suppliers from Enviva's wood sourcing regions in the U.S. Southeast to monitor various data elements such as: forest tract locations, load weights, fiber commodity types, and forest types. Leveraging GoChain's blockchain, Enviva was able to monitor the movement of wood fiber in real-time from select forest tracts at the time of harvest to Enviva's wood pellet production plants with a unique QR code. The pilot provided real-time geofencing, data analytics, and notification capabilities. In total, more than 1,000 loads of biomass were delivered from the forest to the production plant and recorded "on-chain" during the pilot.

The results of the pilot yielded considerable insights and the pilot has the potential to further augment the accuracy of Enviva's proprietary Track & Trace® (T&T®) system, which provides publicly available data and tracks exactly where the low-value wood used in the production of Enviva biomass comes from. The initial pilot is among the largest-scale, if not the largest-scale, pilot of blockchain technology to date in the global biomass industry. Given the pilot's success, Enviva anticipates further exploration and piloting of blockchain technology.

Enviva is a leading global energy company specializing in sustainable wood bioenergy.

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