UCO Network. Price of cryptocurrency: $ 0.01699077

Automatic compliance with European Union's Renewable Energy Directive II is the focus of UCO Network's used cooking oil solutions. The risk of used cooking oil supply chain fraud is mitigated by using a combination of technologies. UCO Network technologies help customers comply with regulations. There are many opportunities for fraud because of the lack of transparency in the UCO supply chain. UCO market prices are higher than virgin oil because of the double counting policy. Strong rules and regulations are required for BioFuels producers who face a high demand and limited supply. There are people in this picture The lack of trust, transparency, and trustworthiness is solved by the UCO Network. The protocol mints an NFT for every used cooking oil collection, which our customers use as proof of ownership and sustainable practices. The solution gives access to a global used cooking oil commodity marketplace and is fully backed by the internet of things.