Following a few short years of research and development, pilots, and partnerships with industry leaders like Microsoft, the Global Blockchain Business Council, and the Interwork Alliance, EarthXCG is making the industry’s leading technology platform available to all project developers and market participants. The Environmental Credit Service is the first regulatory-ready data management and verification analytics platform delivered as an enterprise grade SaaS platform simplifying customer adoption. It is the industry’s most comprehensive implementation of the GBBC/IWA’s dMRV Framework.
“On behalf of our customers, partners, and the industry, we are exceptionally pleased to have achieved our launch milestone. What we are bringing to the market today will have a transformational impact on our ability to deliver the asset integrity that markets and regulators have been working towards,” said Michael Fox, CEO and Co-Founder of EarthXCG. “Alongside stronger regulations, in order to unlock funding from the capital markets there needs to be a technical capability to ensure that each certificate or credit is verified to the standard of any other traded commodity. For environmental crediting to scale as a financial asset class, evidentiary data and verification analytics have to be managed and delivered with enterprise-grade performance. For environmental crediting, the product is proof.”
EarthXCG brings the power of artificial intelligence, advanced data analytics, and enterprise-grade infrastructure to enable trust by providing proof of environmental impact. The Environmental Credit Service delivers two key sets of capabilities, data management and verification analytics. What makes EarthXCG unique is the power of the platform to go beyond the requirements of standards and regulations to identify and remediate the broader risks to asset integrity, such as fraud, misrepresentation, and error.
“We are pleased to see how EarthXCG can help accelerate sustainability projects and contribute to a more sustainable future” added Shefy Manayil Kareem, GM, Microsoft Cloud for Sustainability.
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