![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
NoviqTech (ASX: NVQ) has completed mainnet tokenisation of a proof-of-sustainability batch batch of recycled amines
Apr 02, 2025 at 08:31 am
NoviqTech (ASX: NVQ) has completed mainnet tokenisation of a proof-of-sustainability batch batch of recycled amines on Hedera's groundbreaking distributed ledger network
NoviqTech (ASX:NVQ) has completed mainnet tokenisation of a proof-of-sustainability batch of recycled amines on Hedera’s groundbreaking distributed ledger network for partner Global Resource Recovery (GRR).
Mainnet tokens are fully operational and public and take place on the chain.
NoviqTech (ASX:NVQ) regards the tokens as a pioneering step in the integration of blockchain technology with sustainable resource management.
Sustainability milestone
Each token represents 1,000 litres of product and the completion marks a significant milestone in GRR’s sustainability journey, enabled by NoviqTech’s Carbon Central platform.
“By continuously refining digital twin technology, scaling mainnet tokenisation and leveraging pioneering sustainability tokens, we empower businesses to lead in the ESG space while creating long-term value for stakeholders,” NoviqTech chief executive officer Freddy El Turk said.
“The successful transition from testnet to mainnet underscores the robustness and readiness of NoviqTech’s tokenisation framework in real-world applications.”
Carbon emissions
The platform calculated voluntary carbon emissions, incorporating a range of metrics and other factors to serve as an evaluation of accurate carbon tracking and ensure transparency.
NoviqTech supported the uplift of metres at GRR’s facilities to identify high-quality data capture and manual sources, alongside improvements to increase the quality of future token mints.
The company tailored a “digital twin” to align with GRR’s operational processes, improving its ability to track sustainability metrics from additional sources.
GRR utilises the platform’s basic tier pricing per month and can upgrade to the more costly Enterprise plan as additional projects are onboarded.
End-to-end use
Mr El Turk said the project marked the end-to-end use of Carbon Central from source data collection through to on-chain tokenisation and that NoviqTech remained committed to driving innovation in sustainability.
“This successful implementation of end-to-end digital sustainability tracking showcases the power of our Carbon Central platform,” he said.
“From metering improvements to mainnet tokenisation, this collaboration with GRR highlights our ability to deliver real-world, impactful sustainability solutions.”
Carbon Central is a software-as-a-service (SaaS) product designed for organisations to streamline their projects by managing and tracking their carbon emissions and claiming Guarantee of Origin certificates for green fuels and resources.
NoviqTech entered into a strategic alliance with GRR in December, whereby GRR will act as Carbon Central’s channel partner for waste management within the Australian oil and gas sector.
Under the agreement, GRR utilises the platform’s digital twin capabilities to monitor and track the recycling of spent glycol and amines and creates digital certificates for the processing of other recycled chemicals.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Hyperliquid (HYPE) Has Doubled in Price Since Its Low of $9.30 on April 7
- Apr 25, 2025 at 06:25 am
- Hyperliquid (HYPE) has staged an impressive climb, doubling in price since its low of $9.30 on April 7. The rally, which emerged from a descending wedge pattern, has carried the token into a critical resistance band near the $19.88 level
-
-
- 4 Cryptos to Buy That Could Produce Brett-Like Gains
- Apr 25, 2025 at 06:20 am
- Brett just jumped back over the $500 million market cap threshold like it never even dipped. The coin's rise is partly down to the bullishness in Solana's meme coin space – and retail investors worldwide are racing to get involved.
-
-
-
-
- Cryptocurrency markets are showing muted price action on Thursday.
- Apr 25, 2025 at 06:10 am
- Notable Statistics:
-
-
- title: Donald Trump’s official memecoin (TRUMP) is skyrocketing after the President offered to have dinner with its top holders.
- Apr 25, 2025 at 06:05 am
- In a new announcement, the top 220 TRUMP holders are invited to a Gala dinner event with the President on May 22nd at his private national golf club in Washington, D.C.