UCO Network solves the lack of Trust, Transparency and Traceability issues. It has created a compliant, reliable, and trustless way for Biofuel Producers and Waste Management & Collection companies operating their used cooking oil business.
Auditors, Certification Entities and Regulators also have tools that can facilitate the achievement of their mission goals. With every single used cooking oil collection, the protocol mints an NFT that our customers use as proof of ownership and sustainability, while adding incremental market value to the resource that has been collected. Biofuel Producers have now a solution that brings the trust needed to produce sustainable fuel. The solution is fully backed by IoT technology that enhances fraud risk mitigation, while also giving access to a global used cooking oil commodity marketplace.
The $UCOIL token is the native token of UCO Network, powering its self-driving circular economy. It derives its utility from 2 main purposes: Access and Governance.
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