LONDON, UNITED KINGDOM — August 9, 2023 — GreenLabs, a pioneering London-based start-up specializing in carbon credit standardization and ratings protocols, marked a significant milestone with the official launch of their innovative GreenCoin Initiative.
The event took place on August 9th, 2023, at the esteemed Institute of Directors located at 116 Pall Mall Street in London, United Kingdom.
The initiative, spearheaded by Chair Joel Singh and the ERP/Digital Group, sets a new benchmark in sustainability and blockchain technology, reaffirming GreenLabs’ commitment to driving positive climate change and fostering environmentally responsible practices.
About GreenLabs: Revolutionizing Carbon Capture and Standardization
GreenLabs stands at the forefront of the sustainable technology movement, propelling advancements in carbon capture, standardization protocols, and carbon credit utilization. By specializing in both above-ground and below-ground biomass carbon capture, the company’s platform facilitates the inclusion of tree plantation projects, supporting global initiatives aimed at achieving net-zero carbon emissions. Leveraging the power of blockchain technology, GreenLabs ensures carbon capture traceability, accountability, and verification, marking a significant leap toward enhanced transparency and sustainability.
Keynote Address by Deshith Gamage: A Vision for a Greener Future
The event’s keynote speaker, Deshith Gamage, Co-Founder of GreenLabs, delivered an impassioned address on the urgent need for robust ESG (Environmental, Social, Governance) initiatives, carbon accountability, and standardized carbon capture. With expertise in FinTech and corporate compliance for blockchain and decentralized finance, Gamage is a pivotal figure in the development of tokenized carbon credits through GreenLabs’ pioneering carbon capture standardization framework and the GreenCoin token.
Expert Insights by Dr. Hui Gong: Converging ESG, Carbon, and Blockchain
Dr. Hui Gong, renowned as the founder of the China-UK Blockchain Association, senior lecturer of Finance and FinTech, and esteemed researcher at the UCL Centre for Blockchain Technologies, underscored the profound implications of merging ESG principles, carbon capture, and blockchain technology. As the technical advisor of the GreenCoin Initiative, Dr. Hui highlighted the limitations of existing legacy systems for carbon credit deployment and emphasized how blockchain offers the potential for transparency, verifiability, and immutability, thereby revolutionizing the field.
The Four Pillars of the GreenCoin Initiative
GreenLabs’ GreenCoin Initiative is built upon four foundational pillars, each contributing to the overall mission of fostering sustainability and accessibility:
- Carbon Capture Registration & Standardization
- Carbon Asset Tokenization
- Carbon Credit Exchange
- Carbon Ratings Protocol
With the goal of democratizing carbon capture and credits for small and medium-sized enterprises (SMEs) and retail investors, GreenLabs envisions a future where blockchain technology enables enhanced traceability, accountability, and verifiability. This ground-breaking initiative introduces a carbon-backed, liquid digital asset, driving the fight against climate change and creating a lasting impact for current and future generations.
Anticipating a Greener Tomorrow
GreenLabs invites the world to embrace the transformative potential of the GreenCoin Initiative. As the company embarks on a journey towards a more sustainable future, it remains dedicated to pioneering solutions that bridge technology and environmental responsibility. Stay tuned for further updates on this ground-breaking initiative and join the movement towards a greener planet.
For more information, please visit the official GreenLabs website at www.greenlabs.cc and connect with GreenLabs on social media platforms:
- Instagram: @greenlabs.cc
- Twitter: @greencoinlabs
- LinkedIn: https://www.linkedin.com/company/green-coin-labs/
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