The proposed standard seeks to develop a blockchain-based framework designed specifically for the verification of Certificates of Authenticity (COAs) concerning commodities and derivative products subject to the EU Deforestation Regulation. This standard will apply to the authentication processes for products including, but not limited to, cattle, cocoa, coffee, oil palm, rubber, soya, and wood, ensuring their compliance with environmental sustainability and legal sourcing requirements.
Blockchain, Certificate of Authenticity (COA), EU Deforestation Regulation (EUDR), sustainability, traceability, transparency, legal sourcing, commodities, derivative products.
The urgent need for this new standard arises from the growing global concern over deforestation and forest degradation, driven by the trade in certain commodities and their derivatives. The European Union's Deforestation Regulation represents a significant step forward in addressing this issue, demanding that companies trading in commodities such as cattle, cocoa, coffee, oil palm, rubber, soya, and wood, along with their derivative products, ensure these goods do not contribute to deforestation and comply with laws of the producing country. The complexity and scope of these requirements necessitate a robust, transparent, and efficient mechanism for verifying compliance documentation, a role perfectly suited to blockchain technology.
The title and scope are in draft form and are under development within this ASTM Committee.
Date Initiated: 03-08-2024
Technical Contact: Michael Coner