Meeco’s mission is to enable everyone on the planet to get equity and value in exchange for the data they share. They are currently extending this statement to verify data that makes a contribution to the effective measurement of climate change.
AUM committed to integrate ESG information in decisions
needed carbon price range by 2030 to keep global heating to 2°C
Katryna Dow
CEO and Founder, Meeco
Industry
Data/Identity Management & Reporting
Overview
Meeco provides tools to enterprise clients that enable them to unlock the power of permissioned personal data. They have extended these tools specifically for tokens in the Hedera ecosystem, making their aim to enable organizations to more easily engage with auditors and retail customers.
Challenge
Enterprises face the challenge of how to make their net zero commitments transparent. The major gap in the ESG market is transparency around corporate carbon offsetting programs for regulators, investors, and customers. This is especially the case for customer-facing enterprises like banks, brands, and retailers.
Solution
Trustury by Meeco enables enterprises that want to make their net-zero claims transparent. It provides a powerful and simple open-source interface that will support the growth of the Guardian. It enables people to manage, visualize and share trusted information associated with tokens and decentralized identifiers within the Hedera ecosystem.
There is a collective responsibility to address the real and significant risks of climate change. There is a shared challenge on how to make net zero commitments both transparent and measurable. Given the significance of voluntary carbon credits, we need to help these markets capture and report in a standardized, trustworthy and measurable way.
Industrial progress has resulted in unsustainable expenses on the earth’s balance sheet. Meeco’s mission is to help organizations make their net zero goals a reality by enabling the discovery and audit of carbon tokens on Hedera. The discoverability and visualization piece of the puzzle is a key driver of creating awareness of the climate imbalance. Along with this focus, they also have published a report to help consumer-facing organizations better understand carbon markets.
Enterprises have had to face the challenge of fulfilling their net zero commitments. But the lack of transparency and measurability within the markets has made it difficult for them to hit their goals confidently. Trustury by Meeco gives stakeholders the ability to view and access sustainability tokens. The data available for viewing is developed via Guardian, Hedera’s purpose-built open-source policy engine; it is intended to facilitate audit as well as to generate greater awareness among retail customers.
The Trustury Explorer Dashboard is publicly available and displays all tokens from within the Hedera ecosystem. The associated tokens are NFTs as well as carbon offset tokens (essential in ESG initiatives). Trustury’s integrations with Guardian enable actors to manage their cryptographic keys across the Guardian platform and utilize verifiable credentials as a means to verify identity and Measurement Reporting and Verification (MRV) data.
The Explorer searches the Hedera Token Service (HTS) and has a direct connection to the mirror node REST API in order to fetch the token and NFT details. Guardian is an open-source solution with robust distributed ledger technology and identity management libraries, making it an easy pairing with Meeco’s initiatives. Hedera is fast, secure, and most importantly, carbon-negative.
Meeco also offers Secure Value Exchange (SVX), which provides a suite of enterprise infrastructure tools that are needed by consumer-facing brands to securely implement tokenized services for their customers at scale– for example, linking sustainability tokens to customer digital wallet applications.
Meeco is a strong proponent of sustainability, and they apply this term broadly across their business models, and data use. They believe the aspects are intrinsically linked, and the tokenization of assets will lead to the creation of new values that will underpin the regeneration of our natural environment.
Hedera is not affiliated with, and does not sponsor or endorse this project.
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