Wednesday, July 6, 2022
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Blockchain

Stacs to build blockchain-based registry for ESG certifications as part of MAS Project Greenprint

by Crypto News
November 9, 2021
in Blockchain
0
Stacs to build blockchain-based registry for ESG certifications as part of MAS Project Greenprint
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter



Singapore FinTech firm, Hashstacs Pte Ltd (“STACS”) will likely be growing an industry-wide blockchain-based Setting, Social, and Governance (ESG) Knowledge and Certification Registry.

Related articles

Vegan Yogurt Market Size And Forecast

Blockchain in the Healthcare Market Size And Forecast

July 6, 2022
Meta highlights NFT, blockchain hopes as it shutters its Novi crypto wallet

Meta highlights NFT, blockchain hopes as it shutters its Novi crypto wallet

July 6, 2022
That is in partnership with the Financial Authority of Singapore’s (MAS) Undertaking Greenprint.

The ESG Registry goals to offer accessibility to high quality ESG knowledge of assorted {industry} sectors by an aggregated platform. The ESG knowledge will embody sector-specific {industry} recognised certifications and real-time processed dynamic knowledge from different built-in applied sciences and sectorial platforms. The ESG Registry will likely be constructed utilizing STACS production-ready blockchain know-how, which supplies immutability and digitalisation as a single supply of reality. By APIs, the ESG Registry can assist varied downstream integrations akin to to assist FIs in commerce financing and portfolio monitoring.

Monetary establishments will profit from simpler entry to a tamperproof pool of digitally processed knowledge on sustainability initiatives throughout completely different {industry} sectors. The ESG Registry will join to varied certification our bodies and trusted sectorial platforms and purpose to assist end-to-end traceability and transparency of full enterprise worth chains. Additional knowledge aggregation of ESG knowledge might be carried out, creating the potential of steady impression reporting and monitoring. The target is to considerably enhance the standard of ESG knowledge out there, such that monetary establishments can extra confidently mobilise capital in the direction of ESG initiatives, within the type of sustainability-linked financing, investments or insurance coverage, and carbon credit buying and selling.

STACS has deep experience in offering DLT infrastructure for digitalisation within the monetary sector. Its purchasers and companions embody banks, inventory exchanges, asset managers, and corporates in numerous sectors. It has recognised the significance of sustainability, increasing its focus to technologically improve and allow sustainable practices. STACS was a winner on the MAS International FinTech Innovation Problem Awards 2020 below the Sustainability and Inexperienced Finance theme and awarded the Greatest FinTech ESG Resolution (Asset & Wealth Administration) on the DigFin Innovation Awards 2021.

The ESG Registry is presently deployed in its beta section, with prepared modules and APIs for integration, and can proceed to be enhanced primarily based on collective inputs from {industry} companions over the upcoming months. We’ve obtained expressions of curiosity to discover collaboration with the ESG Registry from varied

Monetary Establishments and organisations, with additional particulars of involvement and inputs from these organisations in Annex:

Monetary Establishments (alphabetical order):
• Aviva Singlife
• Citi
• OCBC Financial institution
• UBS
• UOB
Corporates and non-Monetary Establishments (alphabetical order):
• CDP (world environmental disclosure platform
• CO2 Join (CO2X) Pte Ltd (transport and logistics sector platform)
• Containers Printers (manufacturing sector platform)
• SGTraDex (provide chain platform)
• Surbana Jurong (constructing and development sector platform)

Benjamin Soh, Managing Director at STACS, shared: “It’s heartening to see extra dedication within the Inexperienced and Sustainability area by rising demand from monetary establishments for higher monitoring and measurements of inexperienced impacts. STACS is proud to companion the MAS on Undertaking Greenprint to collectively ship the Greenprint ESG Registry platform in the direction of reaching a vibrant inexperienced monetary ecosystem inside and past Singapore. Collective efforts and synergies between DLT and different applied sciences/platforms will expedite the achievement of a greener nation by servicing many world main monetary establishments and empowering all establishments (monetary and non-financial) to unlock impactful ESG methods for better business worth.”

Sopnendu Mohanty, Chief FinTech Officer at MAS, shared: “The ESG Registry platform goals to unravel two pertinent points in Inexperienced Finance – the dearth of transparency and belief in ESG certifications and the inefficiencies in accessing completely different certification requirements and necessities in numerous industries domestically, and even globally. MAS is comfortable to work with Hashstacs in bringing collectively completely different gamers in numerous industries and sectors to offer, confirm, certify and share knowledge in a safe an environment friendly method, in order to unlock inexperienced finance.”



Source link

Share76Tweet47

Related Posts

Vegan Yogurt Market Size And Forecast

Blockchain in the Healthcare Market Size And Forecast

by Crypto News
July 6, 2022
0

New Jersey, United States – The Blockchain within the Healthcare Market analysis report goals at offering a fast overview of the general efficiency...

Meta highlights NFT, blockchain hopes as it shutters its Novi crypto wallet

Meta highlights NFT, blockchain hopes as it shutters its Novi crypto wallet

by Crypto News
July 6, 2022
0

Meta will shut down its pilot of the Novi digital pockets, one of many final remnants of the corporate's...

Blockchain Insurance Market Trends Size, Share and Forecast to 2028 |AXA, IBM, Blue Cross, Guardtime, FidentiaX – Designer Women

Blockchain Insurance Market Trends Size, Share and Forecast to 2028 |AXA, IBM, Blue Cross, Guardtime, FidentiaX – Designer Women

by Crypto News
July 6, 2022
0

Request Download Sample Buy Full Report  New Jersey, USA,– The World Blockchain Insurance coverage Market Report gives essential details about the state of...

Bitcoin on Defi Capabilities: The Unbreakable Bond Linked with Blockchain – Analytics Insight

by Crypto News
July 6, 2022
0

Bitcoin on Defi Capabilities: The Unbreakable Bond Linked with Blockchain  Analytics Perception Source link

Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows

Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows

by Crypto News
July 6, 2022
0

Please be aware that our privacy policy, terms of use, cookies, and do not sell my personal information has...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
First bitcoin. Then GameStop. Now tiny tungsten cubes

First bitcoin. Then GameStop. Now tiny tungsten cubes

October 29, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Biggest Ethereum Whales Jump Into Fantom and Two DeFi Altcoins That Rallied Over 60% This Week: On-Chain Data

Biggest Ethereum Whales Jump Into Fantom and Two DeFi Altcoins That Rallied Over 60% This Week: On-Chain Data

July 6, 2022
We Have New Technical Developments In The Pipeline

We Have New Technical Developments In The Pipeline

July 6, 2022
It’s Been a Boring Week for Bitcoin and Ethereum Prices. Don’t Expect It to Stay That Way

It’s Been a Boring Week for Bitcoin and Ethereum Prices. Don’t Expect It to Stay That Way

July 6, 2022
Vegan Yogurt Market Size And Forecast

Blockchain in the Healthcare Market Size And Forecast

July 6, 2022

Recent News

Biggest Ethereum Whales Jump Into Fantom and Two DeFi Altcoins That Rallied Over 60% This Week: On-Chain Data

Biggest Ethereum Whales Jump Into Fantom and Two DeFi Altcoins That Rallied Over 60% This Week: On-Chain Data

July 6, 2022
We Have New Technical Developments In The Pipeline

We Have New Technical Developments In The Pipeline

July 6, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News