PRESS RELEASE. Redshaw Advisors will help XELS mission of accelerating participation in carbon markets in Japan and past.
Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has introduced that it has joined forces with famend carbon brokerage and danger administration agency Redshaw Advisors. Beneath the collaboration, Redshaw Advisors will present strategic advisory, consulting, and procurement of carbon credit for XELS.
Immutable Carbon Offsets
Initially targeted on the voluntary carbon credit score section, XELS launched its blockchain platform and eponymous digital asset earlier this month. The startup’s tokenized offset credit, which exist on an immutable public ledger, are designed to spice up each transparency and participation in carbon markets.
In contrast to conventional carbon credit, XELS can’t be modified or double spent, and the method of “burning” used tokens ensures the credit score is retired endlessly. Anybody with entry to a pc and an web connection (from eco-conscious people to firms who’re critical about tackling local weather change) can buy and trade XELS.
XELS and Redshaw LTD
By working with Redshaw Advisors, XELS will be capable of make sure the legitimacy of every credit score it tokenizes, whereas additionally offering an extra report of the credit score’s retirement within the Redshaw Advisors’ registry account. Upon retirement, Redshaw Advisors may even challenge certificates that XELS’ shoppers can use to indicate the precise quantity of CO2 they’ve neutralized.
Invoice Goldie, Head of Voluntary Market at Redshaw Advisors, said that:
“Redshaw are delighted to have been given the chance to advise, seek the advice of, and procure for XELS throughout carbon markets – compliance and voluntary – and renewable vitality,”
Regulated “Compliance” Credit
Sooner or later, XELS seeks to supply regulated “compliance” credit along with voluntary offset credit. The startup is in superior discussions with quite a few Japanese firms that want to considerably curtail their environmental impression, in keeping with Prime Minister Yoshihide Suga’s aim of reaching internet zero home emissions by 2050.
XELS founder and CEO Takeshi Nojima explains the 2 firms development in the direction of combating international warming:
“In some ways, Japan is taking part in meet up with the remainder of the world, and the European Union particularly,”.
Takeshi said that XELS will change into the simplest, most clear approach for companies to hitch the struggle in opposition to international warming, and that the corporate will be capable of present clear proof of their dedication – backed by Redshaw Advisors. He added that that is one thing customers admire, and can finally come to anticipate from the businesses that they help.
XELS Restricted was based in 2017, with workplaces in Tokyo and Hong Kong, and is a member of the Local weather Chain Coalition. XELS tokens might be obtained on the Bittrex World and MXC cryptocurrency exchanges.
Redshaw Advisors, based in 2014, with an extended observe report of success within the European carbon markets, has a rising presence in voluntary markets. Amongst quite a few business accolades, Redshaw Advisors was named Greatest Buying and selling Firm and Greatest Advisory/Consultancy for EU ETS credit, Voluntary Carbon Market, and Renewable Power Certificates in 2020.
Companies within the inexperienced tech area excited about collaborating with XELS can contact firstname.lastname@example.org.
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Be taught extra about XELS — https://www.xels.io/
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XELS is the supply of this content material. This Press Launch is for informational functions solely. The data doesn’t represent funding recommendation or a proposal to take a position.
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