The Hyperledger Climate Action and Accounting Special Interest Group (CA2SIG) has just taken first place in the Hyperledger Challenge 2022 for its prototype for Reducing Methane Leakage and Flaring with Supply Chain Tokens.
The Hyperledger Challenge 2022 took into careful consideration the following factors:
1. Technology advancement and research objectives
2. Impact to the blockchain ecosystem
3. Value addition through social benefits
4. Process followed to build an open-source community around the proposed project
5. Activities outside the Hyperledger community to build the ecosystem
6. Bring in innovation in the marketplace
7. Headway into the community that is not represented well within the ecosystem.
This Hyperledger Challenge 2022 award follows the recent announcement of another award from IBM’s 2022 Call for Code Green Practices Accelerator, where the CA2SIG team also took first place for its prototype.
“The team would like to thank the Hyperledger Challenge 2022 team for supporting our project. These recent wins/awards provide our team with added momentum and validation for the solution we are developing and the larger problem we seek to solve. Moving forward our focus is on marketing our solution to the energy industry and helping to scale auditing services, crucial to achieving climate targets by mid century. ” – Bertrand Rioux, Director, Two Ravens Energy & Climate Consulting
This prototype, which is built using Hyperledger Besu, Hyperledger Fabric, Hyperledger Bevel and Hyperledger Cactus, represents an important step towards creating an open climate accounting system that can be used to decarbonize corporate supply chains. By building a solution that can provide a free flow of trusted environmental data, we can create a more efficient marketplace that can unlock the power of green finance, consumer demand and government regulation to work together to decarbonize corporate supply chains. `
Click the CA2SIG One-Pager to learn more. We also invite you to visit the Climate Action and Accounting Wiki or join one of our bi-monthly meetings to learn about the different opportunities to get involved!