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Avelia: Shell’s blockchain book & claim system for sustainable aviation fuel

Written by Kfir Kedem – June 22, 2022

Reviewed by Asaf Kedem

Shell, Accenture, and Amex GBT have come together to develop a modern way to book-and-claim sustainable aviation fuel (SAF). Book-and-claim is a process that aims to book the physical flow of fuel. The venture is called “Avelia” and was developed with the purpose of providing credible information regarding SAF.

Avelia uses blockchain to keep track of the book-and-claim process, which results in a verifiable flow of SAF. So far, Avelia offers about 1 million gallons of SAF through its system.

Auto Trendy’s take:

Sustainability is becoming part of Shell’s DNA. The Dutch giant is investing so much in increasing the sustainability of all fields that it’s in. On top of that, the company is quite innovative with uses of new technologies that are not yet common in its markets – such as blockchain. With blockchain, SAF can now be credible and with less room for error due to its security.

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