Zilliqa, a blockchain platform renowned for its quickness, cost, and security, has teamed up with GMEX Group in an exciting partnership. The two parties will concentrate on GMEX’s ground-breaking concept, ZERO13, which intends to transform how retail customers interact with CSR programmes. They intend to transform environmental efforts by developing a ground-breaking carbon offset program.
A platform powered by blockchain is what the Zilliqa Group and GMEX ZERO13 cooperation seeks to build. The network will make use of EVP, a brand-new cryptocurrency that stands for carbon offsets. Customers will acquire EVP tokens that are safely stored on the Zilliqa blockchain when they engage with businesses who are linked with the platform. They can promote environmental objectives and reduce carbon emissions thanks to these tokens.
Users can assign tokens to pre-selected carbon credit programmes using this novel method, enabling them to support particular environmental causes. By including them in efforts to attain carbon neutrality and enabling them to make more informed purchase decisions, it gives consumers power.
EVP tokens are unique in that they can be programmed. Each token has an expiration date; if it is not used for a carbon offset programme before that time, the token is cancelled or refunded. By encouraging quick involvement in environmental problems, this design makes sure that tokens serve their original purpose.
Developers of carbon credits gain a lot from this platform. It promotes awareness while offering special opportunities for projects to receive financing and assistance. It serves as a digital bridge between these initiatives and clients who are concerned about the environment and wish to contribute to the development of effective global solutions.
Businesses who collaborate with this platform can take the lead on corporate sustainability. They can easily demonstrate how the carbon offsets belonging to them and their clients are distributed. As people become more environmentally conscious, this extensive transparency increases consumer confidence and brand reputation.
GMEX and Zilliqa Group work together to leverage each other’s advantages. Zilliqa Group offers a reliable blockchain platform and knowledge of GMEX multi-asset trading. These assets were combined to build a strong foundation for accountability and transparency. Additionally, this collaboration connects with GMEX’s already-available services like ZERO13, a cutting-edge global carbon market, registration, and asset transfer network powered by blockchain and artificial intelligence.
The CEO of Zilliqa Group, Matt Dyer, has emphasised the importance of this partnership, indicating a gradual shift towards a more environmentally friendly future in the constantly evolving technical and informational spheres. The GMEX ZERO13 collaboration enables individuals to actively combat global warming. Their system links suppliers of carbon credits with consumers that value the environment, ushering in a new era of sustainability. Carbon offsetting is now simple, fascinating, and empowering thanks to Zilliqa’s energy-efficient blockchain technology.
At a recent event, Hirander Misra, Chairman and CEO of GMEX Group and ZERO13, emphasised the requirement for updating the carbon credit transaction mechanism. He claimed that the current system fragments because it is opaque and overly dependent on manual labour. He emphasised the importance of strengthening this system in order to increase consumer confidence and inspire companies and consumers to join forces in the battle against climate change.
Mark Hemsley, chairman of the Zilliqa Group, emphasised the strength of the coalition. He said that GMEX ZERO13 and Zilliqa are developing a climate engineering solution. It creates new benchmarks for corporate accountability and opens up carbon offsetting to anyone. This is in line with Zilliqa’s mission to encourage development and provide clients with a clear, honest, and exceptional opportunity to contribute to the resolution of environmental problems.
The collaboration between Zilliqa and GMEX ZERO13 is a significant step towards a greener planet. By enabling individuals to offset their carbon footprints, this combination makes sustainability on a global scale accessible and interesting. This ground-breaking platform has the power to alter how companies and individuals deal with and maintain our natural environment.