BunkerTrace: Track & Trace Marine Fuel
Collaborators: BLOC, Forecast Technology
Awards: MIT, Next Step Challenge, Lloyd’s List
Through combining state of the art scientific testing and digital and forensic technologies, BunkerTrace bridges the physical and digital to create a chain of custody that follows the fuel throughout the bunkering supply chain. This traceability is achieved through the introduction of secure tags (finger prints) in the form of ‘oligonucleotides’ (short single strands of synthetic DNA) into the physical product (the fuel) that are encoded with information about the fuel. Through our digital bunker delivery note application, data is recorded in a secure, private blockchain creating an immutable digital record of the fuel, its quality parameters and movement throughout the supply chain.