Block Aero Technologies and Verifavia SAS are pleased to announce the signing of a Memorandum of Understanding (MOU) to collaborate on sustainable aviation fuel (SAF) initiatives and supply-chain solutions. The partnership aims to leverage the expertise of both companies in the aerospace and aviation industry to drive sustainability and establish best practices for carbon insetting. In contrast to carbon offsetting, insetting directly addresses emissions reductions from within the organization’s supply chain.

Block Aero’s innovative aviation blockchain platform, introduces enterprise-grade software applications with document auditing and digital asset management capabilities. Verifavia provides global independent environmental verification, certification and auditing services for aviation (airlines, business jets and helicopters), airports and maritime transport (ports and ships). Together, they offer a digital solution for establishing and managing sustainable supply chains in the aerospace industry.

The MOU sets forth the mutual goals and objectives of the partnership, including defining best practices, interpreting guidelines, and implementing SAF and non-SAF sustainability initiatives. The partnership will complete a landmark sustainable supply-chain use-case with mutual customers during Phase I of the MOU. Results will be presented to hundreds of airlines and stakeholders in environmental protection as a case study at the Aviation Carbon event to be held in London Heathrow this coming November 2023. 

Mr. Nicolas Duchêne, President of Verifavia, expressed his enthusiasm about the partnership, stating, “Our extensive experience in using blockchain technology to enhance certificate authenticity and integrity has been instrumental for many years. Through our strong partnership with Block Aero, we are shaping a greener and more sustainable future for the aerospace industry. Together, we are revolutionizing processes with transparency, accuracy, and accountability at their core. By combining blockchain and SAF, we are driving efficiency, we are redefining standards and setting new benchmarks for excellence.”