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The world's first I-REC international green certificate based on blockchain technology was delivered in Hong Kong, China

April 20, 2022

Latest company news about The world's first I-REC international green certificate based on blockchain technology was delivered in Hong Kong, China

On April 19, the world's first I-REC international green certificate cross-border transaction based on blockchain technology completed 100,000 delivery on the Very Clean Planet digital carbon asset OTC platform headquartered in Hong Kong, China. It is reported that the transaction occurred between Hebei Construction Investment Group Co., Ltd. (hereinafter referred to as "Hebei Construction Investment Group") and Broad Vision HK, Ltd. of international green power certificate transactions.

According to reports, the carbon assets of this transaction are verified through the blockchain + carbon asset verification and financial transaction service platform constructed and operated by Hebei Construction Investment Group. Shanghai Qikun Information Technology Co., Ltd. is responsible for the construction and provision of the platform. Blockchain technology support. This transaction uses blockchain technology to capture the dynamic formation process of carbon assets, real-time monitoring and automatic verification, and perfectly solves the problems of the accuracy, authenticity, measurement and efficiency of asset verification commonly existing in the current carbon trading market from the underlying logic. . It is worth noting that this is also the first transnational transaction in the world to use blockchain and IoT technology for carbon asset verification, and has won the high level of upstream and downstream industry chain including international carbon asset management institutions, consulting companies and ESG service companies. Recognition and positive response.

"Deloitte, as the world's leading professional service provider for sustainable development and climate change, takes advantage of technology and data to help companies transform their business models," said An Xie, a leading partner in Deloitte China's Climate Change and Sustainability Business Unit: "Deloitte China has It has established a strategic partnership with Hebei Construction Investment Group and Qikun Technology. The completion of this transaction means that the closed loop of technology in the transaction process has been successfully realized, and core issues such as data authenticity and accuracy have been solved. We look forward to in-depth cooperation in the future. , to help enterprises promote low-carbon transformation and achieve sustainable development.”

It is understood that Hebei Construction Investment Group will automatically batch submit the application for the I-REC international green certificate for its renewable energy power generation projects through the carbon asset verification and financial transaction service platform to verify the green power generation data, and will issue the issued I-REC international green certificate. The green power certificate is listed and traded on the Very Clean Planet carbon asset OTC platform. Very Clean Planet is the world's first digital carbon asset OTC platform based on blockchain technology. Each carbon green certificate can be verified by end-to-end traceability verification to completely solve the difficult-to-verify common problems in the carbon trading market. Fraudulent issuance or double counting.

Source:Securities Daily

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