China Carbon Neutrality (01372.HK) completes carbon stablecoin technology testing to promote global carbon credit tokenization

Future Marvel Limited, a wholly-owned subsidiary of China Carbon Neutral (01372.HK), a Hong Kong-listed company, announced that it has successfully completed the core technology testing of Carbon Coin, marking a key step for the company in promoting the digitalization of carbon credits.

According to the announcement, Carbon Coin is a set of anchoring protocols based on real carbon credits, with each token anchored to 1 kg of certified carbon credits at a 1:1 ratio. Through blockchain technology and smart contract mechanisms, this stablecoin is committed to achieving efficient, transparent and automated carbon credit transactions and creating a trusted carbon asset infrastructure.

Technical architecture and core system

The carbon credit anchoring protocol on which Carbon Coin relies integrates a number of key modules, including:

Carbon account system: realizes the holding, change and tracking of carbon assets;

Carbon emission reduction project and carbon credit life cycle management system: covers the entire process from project filing, review, certification to carbon credit issuance;

Carbon stablecoin trading system: supports the issuance, circulation and redemption of carbon assets based on the chain, improving transaction efficiency and cross-platform compatibility.

The system is committed to solving the pain points of carbon credits in terms of liquidity, credibility, regulatory compliance and data transparency, and providing standardized and scalable digital solutions for the global carbon market.

Global Vision and Future Development

China Carbon Neutrality said that the carbon stablecoin project will provide a digital carrier for carbon credit transactions worldwide and promote the transformation path of "carbon credit → carbon assets → digital commodities". In the future, the group will further cooperate with international carbon certification agencies, green financial institutions and Web3 companies to jointly establish a blockchain infrastructure for cross-border carbon markets.

The success of this test not only consolidates China Carbon Neutrality's first-mover advantage in the field of green financial technology, but also injects new momentum into promoting market mechanism innovation under the goals of carbon peak and carbon neutrality.