{"id":64185,"date":"2022-07-09T20:08:42","date_gmt":"2022-07-09T17:08:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64185"},"modified":"2025-09-06T12:56:50","modified_gmt":"2025-09-06T09:56:50","slug":"water-token-green-aviation-fuel-and-other-blockchain-initiatives","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/water-token-green-aviation-fuel-and-other-blockchain-initiatives\/","title":{"rendered":"Water Token, Green Aviation Fuel and Other Blockchain Initiatives"},"content":{"rendered":"

Blockchain technology remains one of the hottest trends among financial, governmental and commercial organisations worldwide. ForkLog magazine offers an overview of the most interesting recent initiatives.<\/p>\n

Blockchain-based water delivery to launch in South Africa<\/strong><\/h2>\n

South African company H20 Securities attracted<\/a> $150 million from GEM Digital through the sale of the H20N token, which enables the delivery of freshwater via blockchain.<\/p>\n

\n

\u201cWater is the most important commodity on Earth, and our management of it is critical for humanity,\u201d said Julius Stein, head of H20 Securities.<\/p>\n<\/blockquote>\n

He argues that combining the strengths of traditional and decentralized finance will ensure affordable and rapid water supply.<\/p>\n

Shell launches blockchain platform for fuel trading<\/strong><\/h2>\n

Oil major Shell has launched the blockchain-based platform Avelia to sell carbon-neutral aviation fuel. This is reported by Business Green<\/a>.<\/p>\n

The initiative has been launched in collaboration with consulting firm Accenture and travel agency Amex FMT.<\/p>\n

The platform will bring together carbon-credit suppliers for aviation fuel, airlines and freight carriers in a single ecosystem. The blockchain will ensure data security and transparency.<\/p>\n

The sale of carbon credits will aid decarbonisation of the sector and the transition of airlines to sustainable fuel.<\/p>\n

Italy to allocate $46 million for blockchain projects<\/strong><\/h2>\n

The Ministry of Economic Development of Italy will allocate<\/a> $46 million in subsidies for companies developing blockchain-based projects.<\/p>\n

The application window opens in September 2022. Each company can expect between \u20ac500,000 and \u20ac2 million provided the funds will be used in specific sectors, for example healthcare.<\/p>\n

Italy\u2019s Minister of Economic Development Giancarlo Giorgetti explained that the government is promoting the modernization of production systems using governance models that are becoming \u201cincreasingly interconnected, efficient, secure and fast.\u201d<\/p>\n

Tata Steel to deploy blockchain to track steel supply chains<\/strong><\/h2>\n

British steelmaker Tata Steel entered into a collaboration agreement<\/a> with startup iov42 to work on a blockchain solution for tracking steel supply chains.<\/p>\n

One of the initiative\u2019s main aims is a digital passport, intended to capture feedback from Tata Steel\u2019s customers.<\/p>\n

The firm\u2019s New Product Development Manager, Richard Clark, said that the company will explore blockchain opportunities \u201cto overcome the existing barriers\u201d in the steel industry.<\/p>\n

Read ForkLog\u2019s Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Blockchain technology remains one of the hottest trends among financial, governmental and commercial organisations worldwide. ForkLog magazine offers an overview of the most interesting recent initiatives.<\/p>\n","protected":false},"author":1,"featured_media":64186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1881],"class_list":["post-64185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-enterprise-blockchain"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=64185"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64185\/revisions"}],"predecessor-version":[{"id":64187,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64185\/revisions\/64187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/64186"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=64185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=64185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=64185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}