
Vechain’s new ReCircleRewards system consists, among other things, of a multi-stage verification process that checks submitted transport documents. Participants can upload screenshots, PDFs and email tickets etc., regardless of how different layouts, languages and regional standards may be. An OCR scan, followed by a standardization process, brings diversity into a uniform format.
An integrated duplicate check prevents the same trip from being submitted multiple times. In addition, cross-field validation checks whether information such as date, route, price and provider fit together logically.
This technical framework is intended to ensure that the mobility data generated is trustworthy and can later be used for partner programs, for example in the area of sustainability or corporate mobility concepts.
Verified trips and the resulting potential rewards are stored on the VeChainThor blockchain. This means they remain transparent, tamper-proof and permanently available. VeChain emphasizes that the participants themselves do not need any knowledge of blockchain, as all technical processes take place in the background.
The application presents itself as a classic app with the blockchain in the background. ReCircleRewards fits into a number of projects in which VeChain digitally secures sensitive processes. VeChain ToolChain was recently integrated into Decent’s service to document security and compliance data in the work environment in a forgery-proof manner.
The developers have announced that they will significantly increase the number of supported mobility providers so that the number of participants can grow worldwide. At the same time, the classification accuracy should improve so that even complex, very unstructured documents can be processed reliably.
Image created with AI by ChatGPT (DALL-E)
With ReCircleRewards, VeChain once again shows itself as an actor that combines environmentally friendly behavior with digital incentive mechanisms. Mobility, sustainability and Web3 technology are brought together in a practical, mass-market product, and blockchain technology creates the practical benefits.
What the project doesn’t show – at least not so far – is probably not entirely unimportant for potential participants in the ReCircleRewards system: What are the rewards for the laborious collection and uploading of whatever receipts?
VeChain is silent about this.
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