NoviqTech and H2i Technology Partner for Tokenisation of Emissions Reduction using Hydrogen Enhancement System
Key Ideas
  • NoviqTech and H2i Technology collaborate to tokenize reduced emissions from diesel engines using hydrogen technology.
  • The project aims to generate carbon credits through emission reductions utilizing the Hedera public distributed ledger.
  • H2i's hydrogen enhancement system has shown significant reductions in fuel consumption, CO2 emissions, and particulate emissions.
  • The partnership seeks to enhance transparency, credibility, and adoption of tokenized blockchain carbon assets for green technology commercialization.
NoviqTech has partnered with H2i Technology to develop a system for tokenizing reduced emissions from diesel engines using H2i's proprietary hydrogen enhancement system. The collaboration will leverage Digital Twin technology for real-time emissions tracking and automate carbon calculations to ensure transparency in carbon asset tokenization. The project aims to generate carbon credits through emission reductions, which will be tokenized on the Hedera public distributed ledger using NoviqTech's Carbon Central platform. H2i's hydrogen enhancement system has already demonstrated impressive results, reducing fuel consumption by up to 27%, cutting carbon dioxide emissions by 19%, and lowering particulate emissions by 44% in diesel engines. Through this partnership, the companies aim to drive real-time emissions reductions and unlock new opportunities in the carbon credit market. Under the partnership terms, H2i will subscribe to NoviqTech's pricing category, with the subscription fee based on the number of tokens produced. The collaboration intends to enhance the transparency, credibility, and adoption of tokenized blockchain carbon assets, providing a pathway for carbon reduction efforts and the commercialization of green technologies.
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