Earn from UCO transactions.
Be part of the solution
Problems the industry faces
As EU renewable fuels for transport incentives surge, demand for used cooking oil (UCO) for biofuels has increased and is set to almost double in the next year. UCO biofuels can deliver a substantial reduction in greenhouse gas when used in lieu of fossil fuels. Europe has not yet been able to keep up with demand for this waste, so more than half the UCO in the European biofuels market must travel from China, the US, Malaysia and Indonesia, among others.
Public concerns and ongoing investigations on the legitimacy of biofuel UCO are rising. The EU sustainability rules that are currently in place can’t guarantee that imported UCO to Europe has been tracked, so rising demand beyond sustainable supply levels could lead to the importation of fake UCO, potentially leading to environmental devastations like deforestation.
The EU has not yet instituted verification and monitoring requirements to stave off the sale of fake UCO along the supply chain. Checks to detect and prevent adulterated UCO from entering the biofuels market should be a top priority— but it isn’t. Detailed assessments of available UCO within EU member states do not, at this stage, exist.
Your supply chain is sorted, from end to end.
The UCO Network has aligned itself with partners who are experts in certifying genuine UCO intended for use in biofuels. We use a combination of Blockchain and IoT technologies to mitigate the risk of fraud in used cooking oil supply chain fraud.
Transparency is everything, so we make it our business to know where the UCO is coming from and where it's heading. Also providing Proof of ownership of the feedstock used for production of Biofuels, no more can sellers claim to have UCO when there's no UCO NFT in their wallet.
We are joining the fight for a greener planet, so we monitor our supply chain from beginning to end with the utmost attention to sustainable practices. From certification, to production, to transportation, you can count onus. We will provide a solution to assess the origin of the feedstocks, and guarantee its compliance and sustainability.
The $UCOIL token is the catalyst of the UCO Network ecosystem.
$UCOIL is the non-native token of UCO Network, powering its self driving circular economy.
It derives its utility from two main purposes: Access and Governance.The maximum supply of $UCOIL is fixed at 100 Million. The Token Distribution has been designed to ensure a gradual increase of the circulating supply of $UCOIL, to align the interests of the community, investors, core contributors and advisors, and to ensure longterm sustainability.
UCO Network has allocated $UCOIL tokens to be distributed as grants to the early builders and adopters of the UCO Network Protocol.It is important to also highlight the staking pool, where stakers can earn direct rewards incoming from UCO Network Protocol transaction fees.
Distribution
Sale
Maker
none
12 months
6 months
24 months
9 months
24 months
none
36 months
yes
non applicable
none
none
none
12 months
Product
Our Partners
UCO Network Team is made of UCO Software Development, Waste Management Organisations and Blockchain Industry, with notable contributors and advisors.
A world-class team with vast experience in the Used Cooking Oil industry, Software, IoT and Blockchain.
UCO Network Team is made of Waste Management Software Systems and Blockchain expertise. Notable contributors and advisors include Luis Durães – Entrepreneur and UCO Network founder, Jose Faisca – Blockchain Expert and Co-founder of the Portuguese Blockchain Alliance, Shams Hasan – Technologist and International Speaker. Currently the UCO Network Core Team is made of 14 contributors, and we expect to grow a team of 70 people within the next year.
The future of waste is here, join us.
Roadmap
Javascript SDK Documentation + Web Services
WebApp Dashboard (integration with any third party software)
dApp MVP
In-Wallet SDK Integration
Sensors IoT (Beta release)
Ecosystem Grants I
daap Interface V1
Marketplace
Ecosystem Grants II
Smart Contracts UCO
Ecosystem Grants III