Meeco, a supplier of information privateness and digital identification options, at this time introduced the launch of its Zero-Data Proof (ZKP) Decentralised Identifier (DID) and token visualization tooling on Hedera, the decentralized proof-of-stake public community, with the HBAR Basis’s assist.
As an open-source interface that can assist better transparency to Hedera-based sustainability initiatives, Meeco is delivering a simple approach for individuals to handle, visualize, and share trusted data related to tokens and decentralized identifiers.
Aptly named Trustury, the tooling will likely be used with ‘the Guardian,’ an open-source system that digitizes methodologies that measure, report, and confirm attributes of a given undertaking right down to metric tonne.
Guardian allows Hedera-based tokens to take care of a linked relationship to the roles, actors, and knowledge created by ecological initiatives that observe a science-backed methodology. This permits for clear communication to stakeholders, together with governments and NGOs, with full auditability of particular belongings.
Integration of Meeco’s Zk-proof pockets and visualization tooling follows the launch of HBAR Basis’s $100M Sustainable Affect Fund, which helps sustainability initiatives within the Hedera ecosystem.
“The brand new pockets functionality and visualization tooling that Meeco is delivering on Hedera’s Guardian infrastructure is crucial in enabling new forms of monetary markets to develop that use digital belongings that assign true worth to sustainability outcomes. Whether or not that is the high-fidelity tokenization of carbon credit and emissions tracing, proofs of water rights, and even the encapsulation of information related to biodiversity and habitat renewal, these new markets will drive sustainability economies in Australia and worldwide.”
– Rob Allen, SVP of Ecosystem Acceleration on the HBAR Basis
With the introduction of a ZKP-based pockets, Guardian-based initiatives can now present attestations of their knowledge and credentials with cryptographic validity and guarantee compliance with current knowledge legal guidelines. Moreover, Meeco will present a one-stop dashboard to assist ESG Auditors of their fiduciary roles.
“Because the ESG market matures, it is important that now we have easy and clear mechanisms for individuals, enterprise, and regulators to share the worth and confirm the provenance and authenticity of tokenized belongings. This skill to share and confirm is important to establishing belief in quickly rising carbon markets and to non-fungible tokens extra broadly.”
– Katryna Dow, CEO, and Founding father of Meeco