Summary
The growth and integrity of the sustainable biofuels industry, as well as the interests it seeks to protect, are in jeopardy due to the vulnerabilities in methods it currently uses for tracking transaction claims and verifying their authenticity - as identified by recent biofuel fraud investigations in the Netherlands. Bioledger and the Roundtable on Sustainable Biomaterials (RSB) explored a solution to this risk, leading to the development of a highly innovative, simple, and secure centralised database for tracking the data generated by biofuels transactions, utilising the powerful and incorruptible capabilities offered by blockchain technology. The results generated and lessons learnt from the project are shared in the accompanying case study document and are summarised below.