Hedera Hashgraph to power new environmental asset management service

At the 2023 UN Climate Change Conference (COP28), Envision Blockchain showcased caller emissions tracking and c recognition platforms utilizing blockchain and artificial quality technology.

The institution said these platforms incorporate upgraded features for searching methodologies, comparing task data, and aligning with reporting standards—with the stated goals of expanding transparency and enabling maturation successful voluntary c markets.

Key figures similar Massamba Thioye from the UN Climate Change Secretariat praised the inaugural and said the UN “recognizes the captious value of innovative Web3 solutions” successful achieving sustainability goals.

He added:

“The caller enhancements to the unfastened root Hedera Guardian and the Managed Guardian Service (MGS), exemplify a important measurement towards streamlining and digitizing clime alteration mitigation methodologies.”

Digitizing the c market

Envision specializes successful techniques for digitizing c credits and enabling transparency successful emissions tracking. Specifically, Envision Blockchain has introduced a Managed Guardian Service (MGS) built connected Hedera Hashgraph (HBAR) exertion to simplify creating and managing integer biology assets similar c credits. This work aims to bring much efficiency, transparency, and maturation to the voluntary c market.

The innovations featured astatine COP28 person enhanced features similar digitized UNFCCC methodologies that standardize however emissions reductions are calculated for c recognition projects.

AI-guided search

The search-related features heighten the usability of the platforms by allowing users to efficiently hunt done immense libraries of biology methodologies, specified arsenic the United Nations Framework Convention connected Climate Change’s (UNFCCC) Clean Development Mechanism (CDM) Methodology library.

AI helps filter and contiguous the astir applicable methodologies based connected idiosyncratic queries, making the process of identifying due methodologies for c recognition projects much efficient.

Additionally, the instauration of a caller Project Data Comparison diagnostic allows for much effectual investigation of task data, tackling issues specified arsenic treble counting and elevating transparency. This caller diagnostic enables users to comparison information recorded arsenic Verifiable Credentials (VCs). VCs are integer certificates containing validated accusation astir biology projects.

Another captious improvement was the integration of the Global Blockchain Business Council’s (GBBC) dMRV Specification into the Guardian platforms. The GBBC’s dMRV Specification lays retired standards for integer reporting and verification of c data, making it easier for assorted stakeholders successful the c marketplace to align connected communal standards and practices.

The station Hedera Hashgraph to powerfulness caller biology plus absorption service appeared archetypal connected CryptoSlate.