Problems the industry faces
As EU renewable fuels for transport incentives surge, demand for used cooking oil (UCO) for biofuels has increased and is set to almost double in the next year. UCO biofuels can deliver a substantial reduction in greenhouse gas when used in lieu of fossil fuels. Europe has not yet been able to keep up with demand for this waste, so more than half the UCO in the European biofuels market must travel from China, the US, Malaysia and Indonesia, among others.
Public concerns and ongoing investigations on the legitimacy of biofuel UCO are rising. The EU sustainability rules that are currently in place can’t guarantee that imported UCO to Europe has been tracked, so rising demand beyond sustainable supply levels could lead to the importation of fake UCO, potentially leading to environmental devastations like deforestation.
The EU has not yet instituted verification and monitoring requirements to stave off the sale of fake UCO along the supply chain. Checks to detect and prevent adulterated UCO from entering the biofuels market should be a top priority— but it isn’t. Detailed assessments of available UCO within EU member states do not, at this stage, exist.
Your supply chain is sorted, from end to end.
The UCO Network has aligned itself with partners who are experts in certifying genuine UCO intended for use in biofuels. We use a combination of Blockchain and IoT technologies to mitigate the risk of fraud in used cooking oil supply chain fraud.
Transparency is everything, so we make it our business to know where the UCO is coming from and where it's heading. Also providing Proof of ownership of the feedstock used for production of Biofuels, no more can sellers claim to have UCO when there's no UCO NFT in their wallet.
We are joining the fight for a greener planet, so we monitor our supply chain from beginning to end with the utmost attention to sustainable practices. From certification, to production, to transportation, you can count onus. We will provide a solution to assess the origin of the feedstocks, and guarantee its compliance and sustainability.
The $UCOIL token is the catalyst of the UCO Network ecosystem.
$UCOIL is the non-native token of UCO Network, powering its self driving circular economy.
Protocol built in one of
the fastest, most
Decentralised EU RED II
compliant protocol and
and IoT technologies to
bring Trust, Transparency
and Traceability to the
used cooking oil supply
chain, like never before.
Open protocol enabling
integration with any
existing or new third-
Uses the power of DeFi to
build Futures Market and
distribute incentives to its
participants (up to 50% off all fees).
Uses non-native stable
token to facilitate cross-border payments.
UCO Network Team is made of UCO Software Development, Waste Management Organisations and Blockchain Industry, with notable contributors and advisors.
A world-class team with vast experience in the Used Cooking Oil industry, Software, IoT and Blockchain.
The future of waste is here, join us.
WebApp Dashboard (integration with any third party software)
In-Wallet SDK Integration
Sensors IoT (Beta release)
Ecosystem Grants I
daap Interface V1
Ecosystem Grants II
Smart Contracts UCO
Ecosystem Grants III