Wanxiang Blockchain Reach Strategic Cooperation with TÜV Rheinland Greater China in Carbon Neutrality
On January 6th, Wanxiang Blockchain and TÜV Rheinland Greater China announced a strategic cooperation in Shanghai. Vincent Y. Wang, Executive President of Wanxiang Blockchain and Fang Weimin, Vice President of Management System Service, TÜV Rheinland Greater China, attended the ceremony and signed the documents. Wanxiang Blockchain and TÜV Rheinland Greater China will work together to build viable models and service frameworks to reach the goal of carbon neutrality, establish standardized and trusted systems to reduce energy consumption and carbon emission in different industries and create a global carbon verification system.
The great vision of this cooperation between Wanxiang Blockchain and TÜV Rheinland Greater China is to develop an effective solution to reach the goal of carbon neutrality via the integration of blockchain and other digital technologies.
To be specific, the two aim to make sure that data can be shared safely and efficiently among players in different industries, including core enterprises, suppliers, regulators, etc. so as to build an open and trusted carbon verification system and carbon footprint labeling system and realize the interoperability of the carbon certification systems in China and abroad.
Besides, Wanxiang Blockchain and TÜV Rheinland Greater China will also work on a comprehensive carbon neutral solution for enterprises that provide such services as device detection, data authentication, data sharing and regulation.
Vincent Y. Wang, Executive President of Wanxiang Blockchain, mentioned in his speech: “Standards are beacons to technology development and instructions to the application of technologies. Sharing our experience and technical achievements in carbon neutral will contribute a lot to the progress of this industry. In this connection, Wanxiang Blockchain and TÜV Rheinland Greater China are dedicated to helping Chinese companies transfer to a low-carbon model and guide industrial revolutions with carbon neutral standards. This will hopefully make it easier for Chinese companies to go global and achieve better performance, especially in Europe.”
Fang Weimin, Vice President of Management System Service: “Blockchain plays a significant role in the efficient collection of carbon data and the process of data authentication. Wanxiang Blockchain and TÜV Rheinland Greater China will establish a one-stop carbon neutral solution for enterprises, which will serve as the underlying framework for the digital era. ”
Built upon the achievements of this strategic cooperation, Wanxiang Blockchain and TÜV Rheinland Greater China will make relentless efforts to explore more innovative applications with blockchain and other digital technologies.
About Wanxiang Blockchain
Wanxiang Blockchain aims to build a vibrant blockchain ecosystem with investment and entrepreneurship empowerment on the one hand, and provide technology and innovative solutions on the other, to promote the continued development and industry applications of blockchain. Wanxiang Blockchain’s paid-in investment in blockchain has exceeded 1 billion RMB to date, through over 200 world-class projects globally.
About TÜV Rheinland Greater China
The TÜV Rheinland is a leading provider of technical services worldwide. Since our foundation in 1872, we have been providing safe and sustainable solutions for the challenges arising from the interaction between man, the environment and technology.As an independent, neutral and professional organization, we are committed to working towards a future that can fulfil the needs of both mankind and the environment in the long term.
