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Press Release: Corporate climate action disclosure platform Xels uses NFT-based platform to promote a greener, healthier planet. 

 

June 20th, 2022, Tokyo, Japan – Eco-technology platform Xels is positioning itself as the future of decentralized climate action disclosure for corporations seeking transparency in their carbon emissions reporting. Xels allows corporations to produce and maintain nft-based records of their carbon offset activities that are certified, traceable, and provide accuracy, as well as being cost-effective for the enterprise world.

 

More and more corporations see managing their carbon footprint as a critical part of their corporate social responsibility (CSR), driving a carbon offset market that is estimated to be valued at between $40 billion and $120 billion. Moreover, the absence of transparency in climate change and carbon emissions reporting results in customers` distrust in what companies promise, their difficulties in following through the supply chain, and a lack of investor confidence in their pledges.

Xels is repositioning the carbon credit focussed sector of the NFT space to focus on transparent ESG reporting with tokenization as a supplementary feature. Xels believes this will remedy the acute problem of the tokenization and exchange of carbon credits in the space. 

 

Speaking about the Xels platform, a spokesman for Xels commented: 

 

“Many of the world’s largest companies  are pledging to take world-changing action on climate change. But the question remains as to whether these actions are verifiable and whether bold statements are misleading stakeholders such as investors. When it comes to climate change, we’re missing the bridge that links consumers, businesses, and investors in a functioning marketplace. Blockchain technology is the missing link that brings consumers, businesses, and investors together on climate change as it lets us account for carbon emissions and transfer verifiable climate action.” 

 

A Step in the Right Direction

Xels recognizes that the use of NFTs creates several issues when it comes to the exchange of carbon credits; the lack of transparency regarding minting retired credits as NFTs. This issue has also been highlighted by three of the largest carbon credit standards providers.

 

Xels takes a holistic approach with its solution by weaving new connections between many distributed parties around standards and data sharing and has the potential to improve existing mechanisms. The platform not only makes use of the inherent transparency of decentralized ledger technology, but combines that with an effective reporting system which leverages satellite monitoring and AI-driven analysis to verify corporate ESG claims. Consequently, this boosts companies’ ability to defend these claims to stakeholders, including customers and other companies in the value chain.

 

Corporations can also upload macroscopic information such as photos of carbon offset projects to be verified by the Xels platform, which serves to create an accessible input system for corporations without the resources of the largest in the world. Additionally, Xels’ focus on reporting sets it apart from other NFT-based carbon credit platforms. Xels allows corporations to store their full reporting cycle, meaning the platform can ensure climate action  data is up-to-date and accurate. This further increases the credibility of claims made though the platform. 

 

Finally, whilst Xels intends to launch publicly on the Ethereum blockchain initially, the Xels team are quickly looking to migrate to a low-energy blockchain to address energy consumption concerts in the near future.

 

About Xels

Launched in 2018, Xels is an eco-technology platform offering a bespoke enterprise blockchain, coupled with a carbon credit-backed digital asset, for companies seeking a transparent and secure way to offset their adverse environmental impacts. The platform uses cutting-edge satellite and artificial intelligence technology to quantify the actual amount of carbon sequestered by ecological projects, including protected ecosystems and reforestation campaigns.

 

Xels leverages the experience of an expert team to provide integrated end-to-end solutions to combat climate change, led by Takeshi Nojima, a veteran start-up builder, with high-level experience in software, system and game development.

 

For more information about Xels and its mission to combat climate change using DLT, visit their website here

 

Follow XELS on Twitter

Join the XELS community on Telegram 

Stay up-to-date with XELS on Facebook

Follow XELS on Instagram

 

Media Contact Details

Contact Name: Mitch Hammer

Contact email: pr@xels.io

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Source

The post XELS Positions NFT-Based Platform as Future of Corporate Climate Action Disclosure appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

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Press Release: Corporate climate action disclosure platform Xels uses NFT-based platform to promote a greener, healthier planet. 

 

June 20th, 2022, Tokyo, Japan – Eco-technology platform Xels is positioning itself as the future of decentralized climate action disclosure for corporations seeking transparency in their carbon emissions reporting. Xels allows corporations to produce and maintain nft-based records of their carbon offset activities that are certified, traceable, and provide accuracy, as well as being cost-effective for the enterprise world.

 

More and more corporations see managing their carbon footprint as a critical part of their corporate social responsibility (CSR), driving a carbon offset market that is estimated to be valued at between $40 billion and $120 billion. Moreover, the absence of transparency in climate change and carbon emissions reporting results in customers` distrust in what companies promise, their difficulties in following through the supply chain, and a lack of investor confidence in their pledges.

Xels is repositioning the carbon credit focussed sector of the NFT space to focus on transparent ESG reporting with tokenization as a supplementary feature. Xels believes this will remedy the acute problem of the tokenization and exchange of carbon credits in the space. 

 

Speaking about the Xels platform, a spokesman for Xels commented: 

 

“Many of the world’s largest companies  are pledging to take world-changing action on climate change. But the question remains as to whether these actions are verifiable and whether bold statements are misleading stakeholders such as investors. When it comes to climate change, we’re missing the bridge that links consumers, businesses, and investors in a functioning marketplace. Blockchain technology is the missing link that brings consumers, businesses, and investors together on climate change as it lets us account for carbon emissions and transfer verifiable climate action.” 

 

A Step in the Right Direction

Xels recognizes that the use of NFTs creates several issues when it comes to the exchange of carbon credits; the lack of transparency regarding minting retired credits as NFTs. This issue has also been highlighted by three of the largest carbon credit standards providers.

 

Xels takes a holistic approach with its solution by weaving new connections between many distributed parties around standards and data sharing and has the potential to improve existing mechanisms. The platform not only makes use of the inherent transparency of decentralized ledger technology, but combines that with an effective reporting system which leverages satellite monitoring and AI-driven analysis to verify corporate ESG claims. Consequently, this boosts companies’ ability to defend these claims to stakeholders, including customers and other companies in the value chain.

 

Corporations can also upload macroscopic information such as photos of carbon offset projects to be verified by the Xels platform, which serves to create an accessible input system for corporations without the resources of the largest in the world. Additionally, Xels’ focus on reporting sets it apart from other NFT-based carbon credit platforms. Xels allows corporations to store their full reporting cycle, meaning the platform can ensure climate action  data is up-to-date and accurate. This further increases the credibility of claims made though the platform. 

 

Finally, whilst Xels intends to launch publicly on the Ethereum blockchain initially, the Xels team are quickly looking to migrate to a low-energy blockchain to address energy consumption concerts in the near future.

 

About Xels

Launched in 2018, Xels is an eco-technology platform offering a bespoke enterprise blockchain, coupled with a carbon credit-backed digital asset, for companies seeking a transparent and secure way to offset their adverse environmental impacts. The platform uses cutting-edge satellite and artificial intelligence technology to quantify the actual amount of carbon sequestered by ecological projects, including protected ecosystems and reforestation campaigns.

 

Xels leverages the experience of an expert team to provide integrated end-to-end solutions to combat climate change, led by Takeshi Nojima, a veteran start-up builder, with high-level experience in software, system and game development.

 

For more information about Xels and its mission to combat climate change using DLT, visit their website here

 

Follow XELS on Twitter

Join the XELS community on Telegram 

Stay up-to-date with XELS on Facebook

Follow XELS on Instagram

 

Media Contact Details

Contact Name: Mitch Hammer

Contact email: pr@xels.io

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Source

The post XELS Positions NFT-Based Platform as Future of Corporate Climate Action Disclosure appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins

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Bitcoin Press Release: Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond.

 

30th April, Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors. Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.

 

Immutable Carbon Offsets

Initially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month. The startup’s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets. 

 

Unlike traditional carbon credits, XELS cannot be modified or double spent, and the process of “burning” used tokens ensures the credit is retired forever. Anyone with access to a computer and an internet connection (from eco-conscious individuals to corporations who are serious about tackling climate change) can buy and trade XELS. 

 

XELS and Redshaw LTD

By working with Redshaw Advisors, XELS will be able to ensure the legitimacy of each credit it tokenizes, while also providing an additional record of the credit’s retirement in the Redshaw Advisors’ registry account. Upon retirement, Redshaw Advisors will also issue certificates that XELS’ clients can use to show the exact amount of CO2 they’ve neutralized.

 

Bill Goldie, Head of Voluntary Market at Redshaw Advisors, stated that:

 

“Redshaw are delighted to have been given the opportunity to advise, consult, and procure for XELS across carbon markets – compliance and voluntary – and renewable energy,” 

 

Regulated “Compliance” Credits

In the future, XELS seeks to offer regulated “compliance” credits in addition to voluntary offset credits. The startup is in advanced discussions with a number of Japanese corporations that wish to significantly curtail their environmental impact, in line with Prime Minister Yoshihide Suga’s goal of reaching net zero domestic emissions by 2050.

 

XELS founder and CEO Takeshi Nojima explains the two companies progression towards fighting global warming:

 

“In many ways, Japan is playing catch up with the rest of the world, and the European Union in particular,”. 

 

Takeshi stated that XELS will become the easiest, most transparent way for businesses to join the fight against global warming, and that the company will be able to provide clear proof of their commitment – backed by Redshaw Advisors. He added that this is something consumers appreciate, and will eventually come to expect from the companies that they support.

 

About XELS

XELS Limited was founded in 2017, with offices in Tokyo and Hong Kong, and is a member of the Climate Chain Coalition. XELS tokens can be obtained on the Bittrex Global and MXC cryptocurrency exchanges.

 

About Redsaw

Redshaw Advisors, founded in 2014, with a long track record of success in the European carbon markets, has a growing presence in voluntary markets. Among numerous industry accolades, Redshaw Advisors was named Best Trading Company and Best Advisory/Consultancy for EU ETS credits, Voluntary Carbon Market, and Renewable Energy Certificates in 2020. 

 

Businesses in the green tech space interested in collaborating with XELS can contact partner@xels.io.

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com
 

Learn more about XELS — https://www.xels.io/

Learn more about Redshaw Advisors LTD — https://redshawadvisors.com/ 

Buy XELS on Bittrex Global — https://global.bittrex.com/ 

Follow XELS on Twitter — https://twitter.com/xels_PR 

Join the XELS community on Telegram — https://t.me/xelscoin 

Find XELS on Facebook —- https://www.facebook.com/XELS-COIN-1867938109912219/ 

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz 

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 9 years. Get your Bitcoin Press Release Distribution today.

 

Source

The post Award-winning Carbon Broker to Assist XELS with Offset Procurement and Strategy appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

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Bitcoin Press Release: Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond.

 

30th April, Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors. Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.

 

Immutable Carbon Offsets

Initially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month. The startup’s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets. 

 

Unlike traditional carbon credits, XELS cannot be modified or double spent, and the process of “burning” used tokens ensures the credit is retired forever. Anyone with access to a computer and an internet connection (from eco-conscious individuals to corporations who are serious about tackling climate change) can buy and trade XELS. 

 

XELS and Redshaw LTD

By working with Redshaw Advisors, XELS will be able to ensure the legitimacy of each credit it tokenizes, while also providing an additional record of the credit’s retirement in the Redshaw Advisors’ registry account. Upon retirement, Redshaw Advisors will also issue certificates that XELS’ clients can use to show the exact amount of CO2 they’ve neutralized.

 

Bill Goldie, Head of Voluntary Market at Redshaw Advisors, stated that:

 

“Redshaw are delighted to have been given the opportunity to advise, consult, and procure for XELS across carbon markets – compliance and voluntary – and renewable energy,” 

 

Regulated “Compliance” Credits

In the future, XELS seeks to offer regulated “compliance” credits in addition to voluntary offset credits. The startup is in advanced discussions with a number of Japanese corporations that wish to significantly curtail their environmental impact, in line with Prime Minister Yoshihide Suga’s goal of reaching net zero domestic emissions by 2050.

 

XELS founder and CEO Takeshi Nojima explains the two companies progression towards fighting global warming:

 

“In many ways, Japan is playing catch up with the rest of the world, and the European Union in particular,”. 

 

Takeshi stated that XELS will become the easiest, most transparent way for businesses to join the fight against global warming, and that the company will be able to provide clear proof of their commitment – backed by Redshaw Advisors. He added that this is something consumers appreciate, and will eventually come to expect from the companies that they support.

 

About XELS

XELS Limited was founded in 2017, with offices in Tokyo and Hong Kong, and is a member of the Climate Chain Coalition. XELS tokens can be obtained on the Bittrex Global and MXC cryptocurrency exchanges.

 

About Redsaw

Redshaw Advisors, founded in 2014, with a long track record of success in the European carbon markets, has a growing presence in voluntary markets. Among numerous industry accolades, Redshaw Advisors was named Best Trading Company and Best Advisory/Consultancy for EU ETS credits, Voluntary Carbon Market, and Renewable Energy Certificates in 2020. 

 

Businesses in the green tech space interested in collaborating with XELS can contact partner@xels.io.

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com
 

Learn more about XELS — https://www.xels.io/

Learn more about Redshaw Advisors LTD — https://redshawadvisors.com/ 

Buy XELS on Bittrex Global — https://global.bittrex.com/ 

Follow XELS on Twitter — https://twitter.com/xels_PR 

Join the XELS community on Telegram — https://t.me/xelscoin 

Find XELS on Facebook —- https://www.facebook.com/XELS-COIN-1867938109912219/ 

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz 

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 9 years. Get your Bitcoin Press Release Distribution today.

 

Source

The post Award-winning Carbon Broker to Assist XELS with Offset Procurement and Strategy appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins

Bitcoin Press Release: Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 

 

7th April 2021, Tokyo, Japan — XELS is one of the leading startups tackling climate change by increasing participation and transparency in carbon markets, listed its eponymous XELS token on Bittrex Global on April 8th, 2021. 

 

Tokenized Carbon Credits 

XELS will provide both businesses and individuals access to a blockchain-based carbon offset platform, initially focused on tokenized voluntary carbon offset credits. These credits are increasingly attractive to companies that want to show consumers they’re serious about reducing their carbon footprint.

 

Tackling Fraud With Blockchain

Since the birth of carbon markets following the Kyoto Protocol and Paris Agreement, fraud has hindered the effectiveness of carbon credit sales and trading. Bad actors sometimes sell fake or expired credits, and “recycling” fraud had led to the double spending of unretired credits. Carbon markets are the perfect use case for blockchain’s distributed ledger technology, as transactions cannot be modified, reversed, or duplicated. Tokenized carbon credits can also be “burned,” with a public transaction hash proving it has been retired forever.

 

XELS founder and CEO Takeshi Nojima explains the XELS vision: 

 

“We believe that decentralization is the only way that carbon markets can work effectively. XELS will enable the industry to maintain open, transparent records – from generation, to sale, to retirement. Making it easy for corporations to transparently offset their carbon without fear of fraud will make them even more willing to combat global warming, and it will pay dividends as far as consumer trust that they’re truly intent on making a difference for the environment.”

 

The XELS Token

XELS will exist as a platform token that will be used to access a future suite of stablecoins that are pegged to various industry-standard voluntary carbon offset credits. In the future, the company also seeks to offer “compliance” credits, which are heavily regulated under national cap and trade agreements. 

 

Japan lags behind European nations, where businesses are compelled to buy compliance credits to avoid heavy taxes. XELS is already in talks with numerous listed companies in Japan that are keen to get on board with Prime Minister Yoshihide Suga’s target of reaching net zero domestic emissions by 2050.

 

Reducing Blockchains Carbon Footprint 

While XELS will exist as an ERC20 token at launch, the company is cognizant of concerns surrounding the high energy consumption associated with Ethereum, Bitcoin, and other cryptocurrencies.

 

Later this year, XELS will migrate to a proprietary, low-energy blockchain that the company has been developing since 2017. XELS Chain takes a hybrid proof-of-stake and proof-of-work approach, while enabling users to run a full node on a basic laptop without the need for power-hungry mining hardware

 

From April the 8th, 2021 the XELS platform token will be available to trade on leading cryptocurrency exchange Bittrex Global.

Businesses or individuals interested in accessing the decentralized carbon market of the future with XELS, can contact offset@xels.io for more information.

 

Media Contact Details 

Contact Name: Mitch Hammer

Contact Email: pr@xels.io
Contact Phone: +81 80 9400 0536

 

Learn more about XELS – https://www.xels.io/

Buy XELS on Bittrex Global – https://global.bittrex.com/ 

Follow XELS on Twitter – https://twitter.com/xels_PR 

Join the XELS community on Telegram – https://t.me/xelscoin 

Find XELS on Facebook – https://www.facebook.com/XELS-COIN-1867938109912219/ 

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz 

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 9 years. Get your Bitcoin Press Release Distribution today.

Source

The post XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Bitcoin Press Release: Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 

 

7th April 2021, Tokyo, Japan — XELS is one of the leading startups tackling climate change by increasing participation and transparency in carbon markets, listed its eponymous XELS token on Bittrex Global on April 8th, 2021. 

 

Tokenized Carbon Credits 

XELS will provide both businesses and individuals access to a blockchain-based carbon offset platform, initially focused on tokenized voluntary carbon offset credits. These credits are increasingly attractive to companies that want to show consumers they’re serious about reducing their carbon footprint.

 

Tackling Fraud With Blockchain

Since the birth of carbon markets following the Kyoto Protocol and Paris Agreement, fraud has hindered the effectiveness of carbon credit sales and trading. Bad actors sometimes sell fake or expired credits, and “recycling” fraud had led to the double spending of unretired credits. Carbon markets are the perfect use case for blockchain’s distributed ledger technology, as transactions cannot be modified, reversed, or duplicated. Tokenized carbon credits can also be “burned,” with a public transaction hash proving it has been retired forever.

 

XELS founder and CEO Takeshi Nojima explains the XELS vision: 

 

“We believe that decentralization is the only way that carbon markets can work effectively. XELS will enable the industry to maintain open, transparent records – from generation, to sale, to retirement. Making it easy for corporations to transparently offset their carbon without fear of fraud will make them even more willing to combat global warming, and it will pay dividends as far as consumer trust that they’re truly intent on making a difference for the environment.”

 

The XELS Token

XELS will exist as a platform token that will be used to access a future suite of stablecoins that are pegged to various industry-standard voluntary carbon offset credits. In the future, the company also seeks to offer “compliance” credits, which are heavily regulated under national cap and trade agreements. 

 

Japan lags behind European nations, where businesses are compelled to buy compliance credits to avoid heavy taxes. XELS is already in talks with numerous listed companies in Japan that are keen to get on board with Prime Minister Yoshihide Suga’s target of reaching net zero domestic emissions by 2050.

 

Reducing Blockchains Carbon Footprint 

While XELS will exist as an ERC20 token at launch, the company is cognizant of concerns surrounding the high energy consumption associated with Ethereum, Bitcoin, and other cryptocurrencies.

 

Later this year, XELS will migrate to a proprietary, low-energy blockchain that the company has been developing since 2017. XELS Chain takes a hybrid proof-of-stake and proof-of-work approach, while enabling users to run a full node on a basic laptop without the need for power-hungry mining hardware

 

From April the 8th, 2021 the XELS platform token will be available to trade on leading cryptocurrency exchange Bittrex Global.

Businesses or individuals interested in accessing the decentralized carbon market of the future with XELS, can contact offset@xels.io for more information.

 

Media Contact Details 

Contact Name: Mitch Hammer

Contact Email: pr@xels.io
Contact Phone: +81 80 9400 0536

 

Learn more about XELS – https://www.xels.io/

Buy XELS on Bittrex Global – https://global.bittrex.com/ 

Follow XELS on Twitter – https://twitter.com/xels_PR 

Join the XELS community on Telegram – https://t.me/xelscoin 

Find XELS on Facebook – https://www.facebook.com/XELS-COIN-1867938109912219/ 

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz 

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 9 years. Get your Bitcoin Press Release Distribution today.

Source

The post XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins