Date: September 16, 2024
EcoRegistry, Tolam and ALLCOT IO, are proud to announce their strategic integration utilizing Hedera Guardian, a technology powered by Hedera and supported by the HBAR Foundation. This partnership marks a significant milestone in the evolution of the carbon market, leveraging blockchain to enhance transparency, trust, and operational efficiency across the industry.
The integration of Hedera’s Guardian technology will enable EcoRegistry, Tolam, and ALLCOT IO to streamline the management and tracking of carbon credits, ensuring a secure and immutable record of transactions. This collaboration aims to address key challenges in the carbon market, such as double counting, lack of standardization, and the need for real-time monitoring.
“This integration represents a major step forward in our mission to revolutionize the carbon market,” said Juan Durán, CEO of EcoRegistry. “By combining the strengths of EcoRegistry, Tolam, and ALLCOT IO with the advanced capabilities of The Hedera Guardian, we are setting new standards for transparency and accountability in carbon trading.”
Hedera’s Guardian technology provides a robust blockchain infrastructure that supports the secure and transparent execution of carbon market transactions. By utilizing this technology, the partnership aims to create a more resilient and reliable carbon market ecosystem that benefits all stakeholders, including project developers, governments, and investors.
“At ALLCOT IO, we are committed to leveraging cutting-edge technology to push the carbon market forward. This collaboration with EcoRegistry and Tolam, utilizing Hedera’s Guardian, is a crucial step in ensuring that sustainability efforts are supported by transparency and verifiable data”, adds Raphaël de Ry, ALLCOT IO’s Co-founder and CEO.
As the global community continues to focus on reducing carbon emissions and achieving climate targets, the integration of advanced technologies like The Guardian into the carbon market is crucial. EcoRegistry, Tolam, and ALLCOT IO are committed to leading this transformation and driving positive change in the fight against climate change.
About Tolam
Tolam Earth is a digital platform enabling the digital environmental assets market. The platform helps identify, price, exchange, buy, and sell carbon assets. Partnering with the HBAR Foundation Sustainable Impact Fund (SIF) ecosystem, data is transparent, digitally, and auditable – providing verifiable impact across a supply chain.
Visit: www.tolam.io
About EcoRegistry
EcoRegistry is a registration platform that offers its services to carbon crediting standards and standards that have developed other types of environmental assets. EcoRegistry has been developed as a Data Driven Solution that is able to integrate with other digitized solutions to enhance transparency and traceability in the carbon markets.
Visit: www.ecoregistry.com
About the HBAR Foundation
The HBAR Foundation supports the creation of Distributed Ledger Technology (DLT) applications on the Hedera network, empowering and funding builders to develop real-world applications, solve real-world problems, and drive real-world value. The Foundation’s Sustainable Impact Fund (SIF) empowers teams in climate finance to develop Digital Measurement, Reporting, and Verification (DMRV) in the Hedera Guardian ecosystem. Collectively, through one shared vision, the SIF and Guardian ecosystem are actively bringing the balance sheet of the planet to the public ledger, helping develop a sustainable and equitable future for all.
For additional information on the Hedera Guardian, please visit: https://github.com/hashgraph/guardian.
