This is
The energy market, by nature, operates as a decentralized network, with production and distribution occurring locally, especially in the case of renewable energy sources like hydrogen. However, to maintain efficiency, safety, and market stability, regulatory bodies impose centralized controls. While necessary, excessive regulation can stifle innovation, limiting the market’s potential for growth.
Our project leverages blockchain technology to address these challenges by aligning with the inherently decentralized structure of the hydrogen market. Blockchain offers transparent, secure transactions and enhanced traceability, empowering a decentralized approach that meets regulatory demands while supporting innovation and efficiency.
WHAT IT Does
Changes through BBH2 Hydroledger
The growing global focus on sustainable energy solutions has positioned hydrogen as a critical player in the decarbonization of industries. However, ensuring transparency and accountability in hydrogen’s lifecycle, particularly its certification as „green hydrogen,“ remains a challenge. Digital Product Passports (DPPs), supported by blockchain technology, offer a potential solution by providing a secure, immutable record of hydrogen production, distribution, and consumption data. This study aims to explore the role of DPPs in enhancing the traceability and regulatory compliance of hydrogen supply chains.
Digital Product Passport
- Efficiently track and verify the sustainability of your hydrogen supply chain. Our Digital Product Passport (DPP) leverages blockchain technology to ensure transparency and authenticity in hydrogen production.
- Precise tracking of hydrogen production ensuring compliance with green manufacturing standards.
- Seamlessly validate and verify production criteria before DPP issuance, ensuring quality and sustainability.
- Transparent supply chain visibility through blockchain, providing detailed insights into your hydrogen's journey.
- Boost consumer trust and regulatory compliance with immutable and verifiable proof of green hydrogen production.
Chain of Custody
Understanding the Chain of Custody (CoC)
The Chain of Custody (CoC) is a system for tracking and documenting a product’s journey from its origin to its final destination. For renewable fuels like green hydrogen, CoC ensures that the product is sourced from renewable energy and complies with regulations, such as the EU’s RED II directive. Key data, such as the energy source, CO2 emissions, and production volume, are tracked throughout the supply chain.
- CoC tracks every stage of the product's journey from production to delivery.
- It verifies that hydrogen is renewable and meets legal and sustainability standards.
- Blockchain technology ensures records cannot be altered and remain secure.
- Digital tokens represent hydrogen units and store important data like CO2 emissions and certifications.
- This system builds trust and ensures compliance with environmental regulations.
Blockchain, NFTs and Security Interact with the Network
Empowered Through Blockchain Technology
Through blockchain technology, we aim to establish a decentralized, tamper-proof system where hydrogen’s origin, production method, and carbon intensity can be verified. Our methodology involves analyzing pilot DPP projects in various industries, with a focus on adapting these models for the hydrogen sector
Optimized for Transparency and Security
We hypothesize that the implementation of DPPs will significantly improve transparency and reduce fraud in the hydrogen market by enabling real-time tracking of key metrics. Early findings suggest that DPPs can streamline hydrogen certification processes and enhance cross-border trade by ensuring compliance with international standards.
NTFs and Smart Contracts as a Tool
We use smart contracts, decentralized identifiers (DIDs), and non-fungible tokens (NFTs) to track the lifecycle of hydrogen batches and their corresponding sustainability data.
Project Timeline
Project Kick-off
BBH2 received formal approval, marking the official beginning of project activities. Collaboration with all partners commenced to initiate project-related work.
MVP 1.0 - Proof of Concept
The first technical proof of concept was successfully launched after eight months of dedicated development and collaboration.
Events
BBH2 Forum
A one-day workshop focused on BBH2, hosted in collaboration with our project partner Exxeta, bringing together numerous professionals from the hydrogen industry for knowledge exchange and networking.
Handelsblatt Hydrogen Summit
BBH2 was featured at the Handelsblatt Hydrogen Summit, hosted at ThyssenKrupp in Essen. This prestigious event provided an excellent platform to present our project insights and innovations to leaders and experts across the hydrogen industry, fostering valuable discussions on the future of hydrogen technologies and sustainable energy solutions.
Hydrogen Week Brussels
The BBH2 team attended Hydrogen Week in Brussels, connecting with key stakeholders, policymakers, and industry experts from across Europe. This event allowed us to showcase our project’s advancements, discuss regulatory frameworks, and explore collaborative opportunities to drive forward the hydrogen economy in Europe.
MVP 2.0
Our MVP 2.0 delivers a production-ready blockchain solution designed to create, track, and certify green hydrogen using our Digital Product Passport (DPP). This enhanced version ensures compliance with key regulatory frameworks, including the GDPR, RED III, and particularly the stringent requirements for Renewable Fuels of Non-Biological Origin (RFNBO).
Study Results
Standardization of Hydrogen Data
This study aims to contribute to standardizing hydrogen product data, facilitating uniform practices in the energy sector.
Blockchain Adoption in Energy
The findings are expected to promote the broader adoption of blockchain technology within the energy industry.
Focus on Scalability
Future research will prioritize scaling DPP applications across various regions and hydrogen production methods.
Optimizing Logistics
The ultimate goal is to enhance regulatory frameworks and reduce costs in hydrogen logistics.
