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        <title><![CDATA[NoviqTech - Medium]]></title>
        <description><![CDATA[NoviqTech helps businesses track carbon emissions, meet sustainability reporting requirements, and verify product origins. Using Carbon Central and NoviqAI, we leverage digital twins, real-time data, and blockchain to provide trusted, traceable insights for decarbonisation. - Medium]]></description>
        <link>https://medium.com/noviqtech?source=rss----ab7e3357149f---4</link>
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            <title>NoviqTech - Medium</title>
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            <title><![CDATA[How GRR Created Verified, Auditable Proof of Sustainability with Carbon Central]]></title>
            <link>https://medium.com/noviqtech/how-grr-created-verified-auditable-proof-of-sustainability-with-carbon-central-5990d57c251e?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/5990d57c251e</guid>
            <category><![CDATA[recycling]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[technology]]></category>
            <category><![CDATA[sustainability-reporting]]></category>
            <dc:creator><![CDATA[Tyrone Ranatunga]]></dc:creator>
            <pubDate>Thu, 03 Apr 2025 04:24:35 GMT</pubDate>
            <atom:updated>2025-04-03T04:35:00.230Z</atom:updated>
            <content:encoded><![CDATA[<p>Located in Darwin, NT, Australia, Global Resource Recovery (GRR) operates one of the most advanced chemical recycling and reclamation facilities in the region. Specialising in the reclamation of glycol and amines, GRR plays a critical role in reducing reliance on virgin materials and advancing circular economy practices.</p><p>To scale its sustainability leadership, GRR needed a verifiable, transparent system to track operations and provide proof of sustainability across its value chain. Rather than relying on paper-based reporting or static declarations, GRR wanted a system that could deliver real-time data, traceable emissions insights, and tamper-proof sustainability verification.</p><p>GRR integrated Carbon Central to establish real-time emissions tracking, digital lifecycle transparency, and automated sustainability reporting.</p><p>Through this integration, GRR is now able to tokenise its recycled outputs, generating on-chain proof of sustainability and providing independently verifiable data for every batch of recycled product.</p><h3><strong>The Challenge</strong></h3><p><em>Industry Context</em></p><p>Businesses in chemical recycling are under increasing pressure to demonstrate that environmental claims are backed by evidence. Manual data collection and fragmented systems make it difficult to track emissions, prove product origin, or ensure consistent lifecycle reporting across all production stages.</p><p><em>GRR’s Specific Pain Points</em></p><p>GRR needed a solution that could:</p><ul><li>Replace manual reporting with automated, real-time data collection</li><li>Track emissions and material flows for each stage of the recycling process</li><li>Ensure every batch of glycol and amines was verifiable and auditable</li><li>Translate sustainability efforts into market trust and ESG value</li></ul><p>Without a structured system, proving the environmental benefit of its operations was time-consuming, inconsistent, and difficult to scale. GRR also needed to strengthen its market credibility with auditable data, particularly to differentiate its recycled products from virgin alternatives.</p><h3><strong>The Solution: How Carbon Central Solved These Challenges</strong></h3><p><em>Onboarding and Initial Platform Setup</em></p><p>The onboarding process began with setting up GRR’s company profile and configuring its sustainability tracking environment within Carbon Central. Key integration points were identified across GRR’s glycol and amines reclamation workflows.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*avYe7HXPcI-Ec1LooIhaEQ.png" /></figure><p><strong><em>The screenshots included have had the figures altered or mocked to maintain sensitivity and protect any confidential information.</em></strong></p><p>Carbon Central was then connected to GRR’s Citect system, enabling live data flow from tanks, meters, and machines. This eliminated manual data entry and created a real-time foundation for sustainability metrics.</p><p>Data fields were mapped to track:</p><ul><li>Device-level energy and emissions data</li><li>Material flows from input to output</li><li>Batch-specific lifecycle data</li><li>Supplier and transport records for traceability</li></ul><p><em>Real-Time Tracking with Digital Twins</em></p><p>Carbon Central configured a digital twin to mirror GRR’s operations. This digital representation allowed the platform to simulate and track each stage of chemical reclamation, with inputs from sensors, equipment, and manual entries.</p><p>The digital twin included evaporation and distillation processes, water treatment systems, and salt waste disposal. It captured heat, electricity usage, and material flow data — resulting in precise emissions calculations at the unit level</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*3nMgvOX1oUVMyqJmXu67tA.png" /></figure><p>Looking at an example of the manual data steps, information is captured about the process being tracked, and critically, the meter integration installation and calibration information.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/559/1*bFrnQ6RWzm2lKfJC17iBLw.png" /></figure><p>Key integrations focus on GRR’s evaporation and distillation units, core steps in the reclamation process, as well as waste management systems like water treatment and salt disposal.</p><p>Product profiles and manual data entries capture critical process information, including meter integration and calibration details. For example, one device integration captures metrics like heat, electricity, and tracked product data.</p><p>These inputs undergo calculations within Carbon Central, resulting in total emissions data for each tracked device.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/550/1*AUzork9wqr56bG79p5yZvg.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/563/1*9hrRbch0xp0SEct6n1zjtw.png" /></figure><h4>Batch Management for Complete Data Traceability</h4><p>With batch management, GRR could track every recycled batch of glycol and amines from input to output.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*HzJ96-tnz4hjxlx30kQ8Eg.png" /></figure><p>Each batch included:</p><ul><li>Chemical composition</li><li>Supplier origin</li><li>Transport emissions</li><li>Attached lifecycle documents and compliance records</li></ul><p>This provided <strong>a fully auditable history of every recycled product</strong>, reinforcing sustainability claims with transparent, verifiable data.</p><h4>Tokenisation and proof of Sustainability</h4><p>GRR became one of the first companies to turn a batch of recycled amines into a <strong>digital sustainability token</strong> using Carbon Central. Each token represented 1,000 litres of product and acted like a secure digital certificate that proved the batch was genuinely sustainable.</p><p>The tokens included:</p><ul><li>Where the materials came from</li><li>Data from the machines that processed the batch</li><li>A locked, tamper-proof record showing its environmental impact</li></ul><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*5i7whJh-FmLCv7Uxkr7Eow.png" /></figure><p>These tokens are stored on the blockchain and can be viewed through Carbon Central’s <strong>Trust Chain</strong>. That means investors, customers, or regulators can check the data themselves, giving GRR a transparent digital trail for every sustainability claim it makes.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*m1G6ocYD45aoUn09eOEd0A.png" /></figure><h4>Automated Carbon Emissions and Sustainability Reporting</h4><p>Carbon Central enabled GRR to generate customised, batch-specific sustainability reports. These reports contain real-time emissions data, lifecycle records, and benchmarking insights that compare recycled outputs to conventional alternatives.</p><p>Reports are formatted for use in investor briefings, customer declarations, and voluntary ESG disclosures — all backed by on-chain data.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*a_GzsbRtTg_1MNg8Ge0Ygg.png" /></figure><p>Whether for <strong>compliance reporting, investor disclosures, or customer transparency</strong>, Carbon Central ensures that GRR’s sustainability efforts are <strong>both credible and actionable</strong>.</p><h3>Results and Business Impact</h3><p>Carbon Central transformed GRR’s approach to sustainability:</p><ul><li>Replaced manual reporting with real-time automation</li><li>Increased confidence in emissions data and environmental claims</li><li>Made every recycled batch traceable, auditable, and tokenised</li></ul><p>GRR can now:</p><ul><li>Demonstrate measurable carbon savings</li><li>Strengthen customer and investor trust</li><li>Reduce administrative burden while improving accuracy</li></ul><p>The integration of blockchain-based tokenisation has turned sustainability data into a strategic asset, improving ESG positioning and opening new revenue opportunities through verifiable environmental claims.</p><h3>Key Takeaways</h3><p>GRR’s journey shows how digital tools can unlock the full value of sustainability. By integrating Carbon Central, GRR turned recycling data into market credibility, proof of impact, and business value.</p><p>With digital twins, tokenised sustainability records, and automated reporting, GRR is leading the shift from promises to proof — and setting a new benchmark in the chemical recycling industry.</p><h3>Looking Ahead</h3><p>Following the successful tokenisation of recycled amines, GRR is scaling tokenisation for glycol and continuing to strengthen its infrastructure.</p><p>Future plans include expanding mainnet transactions, enhancing digital twin precision, and streamlining third-party data access through Carbon Central’s Trust Chain.</p><p>This marks a pivotal moment in sustainable resource recovery: where carbon impact is measured in real time, verified on-chain, and leveraged for growth.</p><p><strong>Learn how Carbon Central enables real-time, verifiable sustainability tracking.</strong></p><p>🔗<a href="https://forms.office.com/Pages/ResponsePage.aspx?id=MjrDJlco8kyBfiR0T8HuYa0PmKou69pElGWz_Ba57XZUMjlZS0dFMlQ5Mk85OUlNNjFSRENKTkdRVyQlQCN0PWcu"> Schedule a call </a>with our experts today.</p><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p>Visit <a href="https://noviqtech.com/">noviqtech.com</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=5990d57c251e" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/how-grr-created-verified-auditable-proof-of-sustainability-with-carbon-central-5990d57c251e">How GRR Created Verified, Auditable Proof of Sustainability with Carbon Central</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Carbon Reporting Is No Longer Optional: Here’s Why]]></title>
            <link>https://medium.com/noviqtech/carbon-reporting-is-no-longer-optional-heres-why-c2e045b8d806?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/c2e045b8d806</guid>
            <category><![CDATA[regulatory-compliance]]></category>
            <category><![CDATA[carbon-reporting]]></category>
            <category><![CDATA[carbon-credits]]></category>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[esg]]></category>
            <dc:creator><![CDATA[Dipam Gandhi]]></dc:creator>
            <pubDate>Wed, 05 Mar 2025 01:09:46 GMT</pubDate>
            <atom:updated>2025-03-05T01:09:45.916Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*bYe11iaEuchY7yzU9unvVA.png" /><figcaption>Image Credit: AI Generated using <a href="https://www.freepik.com/pikaso/explore">freepik.com</a></figcaption></figure><p>Regulations are tightening. Customers expect transparency. Investors are integrating sustainability into financial decisions.</p><p>Yet, many companies still struggle with carbon reporting, whether due to data gaps, complexity, or the misconception that it’s only for large enterprises.</p><p>In reality, carbon reporting is more than a compliance exercise. It’s a strategic tool that enhances operational efficiency, builds trust, and unlocks long-term business value.</p><p>But what exactly is carbon reporting, and how can your business benefit from it?</p><h3>What Is Carbon Reporting?</h3><p>Through <a href="https://www.epa.gov/ghgreporting">carbon reporting</a>, businesses can provide a clear picture of their greenhouse gas (GHG) emissions and their impact. More than just tracking numbers, it’s a foundation for smarter decision-making and long-term sustainability.</p><p>By tracking emissions accurately, businesses can:</p><ul><li>Ensure compliance with evolving environmental regulations</li><li>Enhance credibility with investors, customers, and stakeholders</li><li>Identify cost-saving opportunities by reducing energy and resource waste</li><li>Drive innovation through sustainable practices</li></ul><h3>Breaking Down the Carbon Footprint: What You Might Be Missing</h3><p>A company’s <a href="https://css.umich.edu/publications/factsheets/sustainability-indicators/carbon-footprint-factsheet">carbon footprint</a> extends far beyond direct emissions. Many businesses track Scope 1 and 2 emissions but overlook Scope 3, which often accounts for most of their environmental impact.</p><ul><li>Scope 1 — Direct emissions from owned or controlled sources (e.g., company vehicles, manufacturing facilities)</li><li>Scope 2 — Indirect emissions from purchased electricity, heat, or steam</li><li>Scope 3 — Indirect emissions across the supply chain (e.g., supplier activities, product lifecycle, business travel).</li></ul><p>Scope 3 emissions can account for up to <a href="https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-are-scope-1-2-and-3-emissions">90% of a company’s total footprint</a>, depending on the industry. Ignoring it leaves businesses vulnerable to supply chain risks and investor scrutiny.</p><p>To create an effective carbon reporting strategy, businesses must track all three scopes and develop data-driven reduction initiatives.</p><h3><strong>How Carbon Reporting Translates into Business Success</strong></h3><p>Companies that take carbon reporting seriously gain a competitive advantage, stronger brand reputation, and long-term financial benefits. Here’s why it’s essential:</p><h4><strong>1. Meet Regulatory Requirements &amp; Avoid Fines</strong></h4><p>Governments worldwide are introducing stricter carbon disclosure laws. In the EU, the Corporate Sustainability Reporting Directive (CSRD) mandates comprehensive emissions tracking. Australia’s climate reporting rules are raising the bar on disclosure standards.</p><p>For businesses, compliance is about being prepared for evolving requirements before they become business disruptors.</p><h4><strong>2. Strengthen Brand Reputation &amp; Build Trust</strong></h4><p>Sustainability is now a key factor in consumer and investor decisions. Customers and stakeholders expect companies to provide transparent data on carbon emissions. Businesses that embrace carbon reporting can:</p><ul><li>Demonstrate environmental responsibility and corporate transparency</li><li>Improve investor confidence with credible sustainability data</li><li>Differentiate themselves in a competitive, sustainability-driven market</li></ul><h4><strong>3. Reduce Costs &amp; Improve Efficiency</strong></h4><p>Carbon reporting helps businesses identify areas of waste and inefficiency. Companies that track emissions gain insights into:</p><ul><li>Energy-intensive operations that increase costs</li><li>Supply chain inefficiencies that affect productivity</li><li>Opportunities to transition to lower-cost, sustainable solutions</li></ul><p>By optimising energy use and resources, businesses not only reduce their carbon footprint but also cut operational expenses and improve profitability.</p><h4><strong>4. Drive Innovation &amp; Gain a Competitive Edge</strong></h4><p>Tracking carbon emissions encourages companies to adopt innovative technologies and processes. Businesses that invest in sustainability can:</p><ul><li>Develop energy-efficient products and services</li><li>Optimise supply chains for sustainability</li><li>Attract eco-conscious customers and investors</li></ul><p>Acting today positions businesses as leaders in their industries and innovators in sustainability.</p><h3>How to Implement Carbon Reporting in Your Business</h3><p>Tracking carbon emissions does not have to be complicated. Here’s how businesses can take a structured approach:</p><h4><strong>Step 1: Establish a Baseline</strong></h4><p>Start by measuring your current carbon footprint. This baseline will serve as a reference point for tracking progress and setting reduction targets.</p><p>Establishing a baseline requires a detailed inventory of all emissions sources, which can reveal surprising insights into a company’s operations.</p><h4><strong>Step 2: Set Goals and Targets</strong></h4><p>Determine specific, measurable goals for reducing your carbon emissions. These targets should be ambitious yet achievable and align with your overall business strategy.</p><p>Setting clear goals not only guides your sustainability efforts but also serves as a powerful motivator for your team.</p><h4><strong>Step 3: Develop a Strategy</strong></h4><p>Create a detailed plan outlining the steps your business will take to achieve its carbon reduction goals. This strategy should include energy efficiency measures, waste reduction initiatives, and potential investments in renewable energy.</p><p>Involving cross-functional teams in the strategy development process can foster innovation and ensure all areas of the business are aligned with sustainability objectives.</p><h4><strong>Step 4: Monitor and Report Progress</strong></h4><p>Regularly track your emissions data and compare it to your baseline and targets. Update stakeholders on your progress through transparent reporting, which can help maintain accountability and drive continuous improvement.</p><p>Transparency in reporting can also enhance stakeholder trust and support, fostering a collaborative environment for achieving sustainability goals.</p><h4><strong>Step 5: Engage Stakeholders</strong></h4><p>Involve employees, customers, suppliers, and other stakeholders in your carbon reduction efforts. Encouraging collaboration and fostering a culture of sustainability can amplify your impact and inspire others to act.</p><h3>Carbon Reporting in Action</h3><p>Businesses are transforming carbon reporting from a compliance requirement into a strategic advantage. By adopting digital solutions, companies can track, verify, and report emissions with accuracy — strengthening transparency, efficiency, and credibility.</p><h4><strong>Global Resource Recovery (GRR): Advancing Transparent Recycling Solutions</strong></h4><p><a href="https://www.globalrr.com.au/">GRR</a> will be leveraging Carbon Central’s platform to track and verify carbon savings in glycol and amines recycling. By integrating real-time data from site meters, GRR aims to monitor carbon intensity, batch management, and resource reuse.</p><p>This data will be recorded on Carbon Central’s Trust Chain, creating an auditable trail for verification and ensuring alignment with the International Sustainability &amp; Carbon Certification (ISCC) Plus method. This initiative is set to enhance traceability, reduce waste, and reinforce GRR’s leadership in responsible recycling.</p><h4><strong>H2i Group: Advancing Hydrogen-Enhanced Emission Reductions</strong></h4><p>H2i Group is leveraging Carbon Central’s platform to track and verify carbon savings from its hydrogen enhancement system for diesel engines. By injecting hydrogen to improve fuel efficiency, H2i reduces fuel consumption, operating costs, and greenhouse gas (GHG) emissions.</p><p>Real-time data from site meters enables H2i to monitor emission reductions, fuel efficiency improvements, and baseline comparisons. This data is securely recorded on Carbon Central’s Trust Chain, creating an auditable trail for verification and ensuring transparency.</p><p>Carbon Central’s digital certification reinforces H2i’s sustainability credentials, supporting participation in voluntary carbon markets. By generating tokenised carbon credits for avoided emissions, this initiative enhances transparency, credibility, and adoption of tokenised carbon assets — strengthening H2i’s leadership in sustainable fuel innovation.</p><p>These forward-thinking initiatives highlight how businesses are using technology to enhance carbon reporting, drive accountability, and create measurable impact.</p><h3><strong>The Future of Business Is Transparent</strong></h3><p>Companies that take a proactive approach to carbon reporting shape the future of their industries.</p><ul><li><strong>Carbon reporting is becoming a competitive edge.</strong> Companies embedding real-time emissions tracking into their operations are securing investment, building resilience, and staying ahead of shifting expectations.</li><li><strong>Trust is built on traceable data.</strong> Disconnected spreadsheets and vague estimates no longer cut it — verifiable, auditable reporting is now essential for credibility.</li><li><strong>Sustainability is redefining business strategy.</strong> Those treating carbon reporting as more than a compliance exercise are uncovering cost efficiencies, strengthening partnerships, and positioning themselves for long-term success.</li></ul><p>Carbon Central helps businesses move from guesswork to precision — turning carbon data into a tangible advantage.</p><p><a href="https://forms.office.com/Pages/ResponsePage.aspx?id=MjrDJlco8kyBfiR0T8HuYa0PmKou69pElGWz_Ba57XZUMjlZS0dFMlQ5Mk85OUlNNjFSRENKTkdRVyQlQCN0PWcu"><strong>Book a demo today</strong></a> to explore how Carbon Central can simplify your carbon reporting and future-proof your sustainability strategy.</p><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p>Visit <a href="https://noviqtech.com/">noviqtech.com</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=c2e045b8d806" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/carbon-reporting-is-no-longer-optional-heres-why-c2e045b8d806">Carbon Reporting Is No Longer Optional: Here’s Why</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[The Carbon Credit Crackdown: Why Businesses Need Data-Driven Sustainability]]></title>
            <link>https://medium.com/noviqtech/the-carbon-credit-crackdown-why-businesses-need-data-driven-sustainability-c652fd8e227a?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/c652fd8e227a</guid>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[carbon-emissions]]></category>
            <category><![CDATA[esg]]></category>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[ai]]></category>
            <dc:creator><![CDATA[Dipam Gandhi]]></dc:creator>
            <pubDate>Fri, 07 Feb 2025 02:01:40 GMT</pubDate>
            <atom:updated>2025-02-07T02:01:39.867Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*WD8KKO2ReZeINTo56B95TA.jpeg" /><figcaption>Image Credit: <a href="https://www.freepik.com/free-photo/view-green-forest-trees-with-co2_31481258.htm#fromView=search&amp;page=1&amp;position=13&amp;uuid=24f1f41f-960e-4525-99c7-7eb5b6798df7&amp;query=carbon+credits">freepik.com</a></figcaption></figure><p>The recent mass exodus of over 100 leading Australian companies — including Australia Post, Canva, Telstra, and PwC — from the Climate Active scheme has sent shockwaves through the carbon market. Their departure highlights a fundamental crisis: a lack of trust in the integrity of carbon offsets and this time, it is a government-led scheme that is being questioned. It is also clear that businesses want to focus their resources in reducing their own emissions first, rather than depend excessively on offsetting through low integrity carbon offsets.</p><p>At Noviqtech, we recognise that the future of carbon markets and emissions reductions lies in verifiable, data-driven, and AI-powered solutions. Our cutting-edge blockchain and AI technology provide precisely what these corporations — and the government — need: an unbreakable system of trust, traceability, and compliance for emissions tracking, offsetting and sustainability reporting.</p><h3>Rebuilding Trust with Blockchain Transparency</h3><p>Companies today are becoming increasingly sceptical about the quality of Australian and international carbon credits. This is largely because many offsets fail to deliver genuine emissions reductions, due to which companies face reputational and financial risks. Noviqtech’s blockchain-powered solution removes the obscurity by ensuring that every carbon credit is tracked from issuance to retirement, creating an immutable record of its validity, impact, and source.</p><p>Here’s how NoviqTech ensures traceability and transparency in carbon credits:</p><ul><li>Verify the authenticity of carbon credits with real-time data, eliminating concerns over fraudulent or low-integrity offsets.</li><li>Track the lifecycle of carbon credit projects with full transparency, ensuring businesses meet their sustainability commitments.</li><li>Ensure compliance with evolving ESG regulations and international standards, staying ahead of industry shifts.</li></ul><h3>Harnessing AI for Smarter Carbon Management</h3><p>Noviqtech integrates advanced AI algorithms to analyse carbon credit data, identifying potential fraud, inconsistencies, and inefficiencies. By leveraging AI for predictive analytics, we empower companies to optimise their carbon strategies, reduce reliance on offsets, and transition towards direct emission reductions with confidence.</p><p>Our AI technology provides:</p><ul><li>Real-time carbon footprint assessments, offering businesses actionable insights into their emissions profile.</li><li>Automated fraud detection, ensuring high integrity for emissions data and genuine reductions.</li><li>Optimised emissions reduction strategies, helping corporations shift from offset dependency to real, measurable decarbonisation.</li></ul><h3>A Solution for the Future</h3><p>As the federal government reevaluates the Climate Active program, Noviqtech offers a powerful alternative: a digital infrastructure that guarantees trust and accountability in Australia’s voluntary and regulatory carbon markets. Our platform provides:</p><ul><li>Regulatory-grade transparency to restore public and corporate confidence.</li><li>Seamless integration with government compliance frameworks and future net-zero initiatives.</li><li>Real-time ESG reporting to support businesses in meeting net-zero commitments without greenwashing.</li></ul><h3>Carbon Central: The Gold Standard for Carbon Tracking</h3><p>At the core of Noviqtech’s ecosystem is our flagship platform Carbon Central, which provides businesses with a comprehensive, end-to-end carbon tracking and management solution. Carbon Central allows companies to:</p><ul><li>Accurately measure, track, and report emissions in compliance with national and international standards. All tracked data and reports are audit-ready and utilises blockchain for enhanced transparency and traceability.</li><li>Integrate seamlessly with existing sustainability initiatives, reducing administrative burden and costs.</li><li>Achieve carbon neutrality with confidence, by ensuring only the highest quality offsets are used.</li><li>Automate ESG compliance, making sustainability reporting effortless and transparent.</li></ul><h3>The Path Forward: Join the Leaders in True Sustainability</h3><p>The collapse of trust in voluntary carbon markets is not the end — it’s a call for evolution. Companies that seek real sustainability solutions must move beyond unreliable offsets and adopt next-generation technology for verifiable, data-driven decarbonisation.</p><p>At Noviqtech, we are leading a revolution in carbon market integrity. Our mission is to empower businesses, government agencies, and global industries with the most advanced tools to achieve real climate impact.</p><p>We invite forward-thinking companies, industry leaders, and policymakers to partner with Noviqtech and embrace Carbon Central as the definitive standard for ESG compliance, sustainability reporting and carbon accountability. Don’t get left behind in the outdated, failing carbon markets. Take control of your sustainability future today. Contact Noviqtech to schedule a consultation and discover how we can help your organisation lead the charge toward a truly sustainable, verifiable, and transparent carbon-neutral future.</p><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p>Visit <a href="https://noviqtech.com/">noviqtech.com</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=c652fd8e227a" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/the-carbon-credit-crackdown-why-businesses-need-data-driven-sustainability-c652fd8e227a">The Carbon Credit Crackdown: Why Businesses Need Data-Driven Sustainability</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Hydrogen Tax Credits, Carbon Central, Partnerships, and Strategic Growth.]]></title>
            <link>https://medium.com/noviqtech/hydrogen-tax-credits-carbon-central-partnerships-and-strategic-growth-80b920852301?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/80b920852301</guid>
            <category><![CDATA[hydrogen]]></category>
            <category><![CDATA[ai]]></category>
            <category><![CDATA[technology]]></category>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[blockchain]]></category>
            <dc:creator><![CDATA[Freddy Elturk]]></dc:creator>
            <pubDate>Wed, 22 Jan 2025 01:16:32 GMT</pubDate>
            <atom:updated>2025-01-22T01:16:32.087Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Ii8eidU1n_8EXC3ckj1kQw.jpeg" /></figure><h3>Hydrogen Tax Credits, Carbon Central, and Strategic Growth</h3><p>The U.S. Department of the Treasury and IRS recently finalized the rules for the Section 45V Clean Hydrogen Production Tax Credit under the Inflation Reduction Act. These rules provide much-needed clarity and flexibility, offering investment certainty for clean hydrogen initiatives such as the Department of Energy’s Regional Hydrogen Hubs program. Producers utilizing renewable electricity, natural gas with carbon capture, renewable natural gas (RNG), and coal mine methane can determine their credit eligibility by meeting emissions requirements, prevailing wage, and apprenticeship standards. These measures reflect the administration’s commitment to advancing the clean energy economy while fostering well-paying jobs in the sector.</p><p>In parallel, Australia has introduced the Hydrogen Production Tax Incentive (HPTI) under its Future Made in Australia package. A Consultation Paper released on 28 June 2024 invited feedback on the design and alignment of this incentive with other programs. The HPTI offers a time-limited, uncapped refundable tax offset for eligible producers, applicable for up to 10 years between 2027–28 and 2039–40. Designed to be demand-driven and responsive to industry and economic conditions, the HPTI seeks to accelerate renewable hydrogen production and support the nation’s transition to a sustainable energy future.</p><h3>Carbon Central: Supporting Incentives and Sustainability</h3><p>As businesses navigate these emerging tax incentives, Carbon Central has positioned itself as a crucial partner in enabling the full potential of hydrogen initiatives. By supporting tax credit frameworks and guarantee of origin schemes, including internationally recognized standards like ISCC, Carbon Central ensures traceability and transparency for clean hydrogen production. This focus on accountability aligns with regulatory requirements and enhances the value of real-world products by fostering trust in their sustainable origins. With its innovative solutions, Carbon Central helps accelerate the renewable hydrogen transition while empowering producers to unlock new revenue streams and meet the growing market demand for verified sustainability practices.</p><p>The strides made in 2024 have been instrumental in laying the foundation for future growth. NoviqTech has made significant advancements, including its partnership with Hedera and the development of cutting-edge platforms like Carbon Central and NoviqAI. These efforts underscore the resilience and dedication of the NoviqTech team and reflect its vision of redefining sustainability technology to support innovation and sustainable development.</p><h3>Expanding Horizons Through NoviqTech Initiatives</h3><p>Looking ahead to 2025, NoviqTech is preparing to take a major step by pursuing a listing on the OTC Markets. This milestone will enhance shareholder value, broaden the company’s investor base, and attract diverse stakeholders. The increased accessibility will provide the additional capital needed to support bold initiatives and further establish NoviqTech as a leader in sustainability innovation.</p><p>A cornerstone of NoviqTech’s success has been its collaboration with Hedera, which has enabled the creation of Carbon Central. This platform offers a robust solution for traceability, accountability, and trust in sustainable resource management, leveraging Hedera’s secure and efficient blockchain technology. This partnership has positioned NoviqTech to expand its offerings in 2025, meeting the evolving needs of a competitive and environmentally conscious marketplace.</p><p>The launch of NoviqAI represents a significant evolution in NoviqTech’s portfolio. Designed as a next-generation platform, NoviqAI simplifies supply chain track-and-trace processes across industries such as wine and fresh produce. Integrated with Carbon Central tools like digital twins, NoviqAI enhances transparency and data quality throughout the supply chain. This synergy between NoviqAI and Carbon Central allows businesses to seamlessly balance sustainability reporting with profitability, reflecting NoviqTech’s commitment to combining innovative technology with responsible practices. As these efforts come to fruition, NoviqTech is poised to continue driving meaningful change in sustainability and technology.</p><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p><em>Visit </em><a href="http://noviqtech.com/"><em>noviqtech.com</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=80b920852301" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/hydrogen-tax-credits-carbon-central-partnerships-and-strategic-growth-80b920852301">Hydrogen Tax Credits, Carbon Central, Partnerships, and Strategic Growth.</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[A Transformative Year for Carbon Central]]></title>
            <link>https://medium.com/noviqtech/a-transformative-year-for-carbon-central-b523f6f9842a?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/b523f6f9842a</guid>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[innovation]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[technology]]></category>
            <category><![CDATA[ai]]></category>
            <dc:creator><![CDATA[Tyrone Ranatunga]]></dc:creator>
            <pubDate>Fri, 20 Dec 2024 00:00:00 GMT</pubDate>
            <atom:updated>2024-12-20T00:44:57.669Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*ZuIDdVzy-vKFLWEhRKDqug.png" /></figure><p>At the heart of our NoviqTech mission is our commitment to Sustainable Solutions, Measurable Impact. When we launched Carbon Central, our goal was ambitious: to create a platform that simplifies carbon management and helps businesses confidently showcase their sustainability efforts. This year has been pivotal for us as we’ve seen that vision come to life through remarkable growth, new partnerships, and expanded capabilities.</p><h4>Building More Than a Carbon Platform</h4><p>Sustainability is no longer just about meeting targets — it’s about proving them with verifiable actions. Across industries, businesses are under increasing pressure to demonstrate their progress, and many solutions fail to bridge the gap between aspiration and action.<br>Carbon Central was designed to change that. By combining digital twins, tokenisation, reporting and guarantee of origin capabilities, the platform provides an end-to-end solution for organisations striving to lead the green economy.<br>Over the past year, we’ve worked closely with our customers to solve their real-world challenges. From tracking hydrogen production to certifying recycling processes and enabling granular energy certificates, Carbon Central has proven to be more than just a compliance tool — it’s a driver of sustainability leadership.</p><h4>Real-World Growth, New Industries</h4><p>Our growth in 2024 has been defined by our ability to scale across industries. Here are just a few ways businesses are leveraging Carbon Central to create measurable impact:</p><p><strong>Sustainability Declaration<br></strong>With growing demand for recycled materials, Carbon Central expanded its capability to track and certify their sustainability efforts. For example, Global Resource Recovery integrates digital twins to manage glycol and amines recycling, aligning with ISCC Plus standard. By connecting real-time data from site meters, the platform enables precise carbon tracking, batch management, and immutable sustainability declarations — proving the carbon savings of recycled products versus virgin materials.</p><p><strong>Guarantee of Origin<br></strong>As the hydrogen market grows, traceability is key to unlocking new opportunities across green and turquoise production.<br>Power Synch and Clean Hydrogen Technologies are ready to create verifiable records of hydrogen production, ensuring transparency and compliance with industry standards. By integrating with IoT systems, the platform tracks real-time data on energy, water, and emissions, supporting Guarantee of Origin certifications and eligibility for tax credits and incentives.</p><p><strong>Energy Attribute Certificates and Granular Certificates<br></strong>This year, we advanced our energy monitoring capabilities through active participation in the TROEF Consortium. As part of this pioneering Dutch energy project, we achieved significant milestones, enhancing our ability to support granular renewable energy certificates.</p><p>Through TROEF, Carbon Central enables peer-to-peer trading of energy and CO₂ certificates, aligned with the EnergyTag Granular Certificate standard and backed by real-time energy generation and consumption data.</p><p><strong>Sustainable Aviation Fuels (SAF) and Biodiesel</strong><br>One of the most exciting areas of growth this year has been in sustainable fuels. Carbon Central goes beyond helping fuel producers meet sustainability standards; it provides a clear, auditable record of carbon reductions or avoided emissions. We are expanding Carbon Central to support mass balance by leveraging its high-quality product tracking through unique blockchain tokens as a single source of truth. This enhanced level of confidence is crucial for industries like aviation, which are accelerating their efforts toward decarbonisation.</p><p><em>You can read more of our </em><a href="https://docs.carboncentral.app/knowledge-base/support/download"><em>case studies here.</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/950/1*5xEIlEN7J4sybI0Gd-ltHg.png" /></figure><h4>A Year of Rapid Development and Growth</h4><p>Over the past year, Carbon Central has evolved at an incredible pace. We’ve introduced powerful new features and scaled the platform to meet the needs of our customer base. Some highlights include:</p><p><strong>Digital Twin</strong></p><ul><li>Overhauled the Digital Twin feature for rapid onboarding using standard templates.</li><li>Enhanced IoT integration to support real-time data capture from site meters, enabling data flow between meters for complex workflows.</li><li>Expanded meter capabilities with simulated devices for feasibility testing and setup.</li></ul><p><strong>Tokenisation and Trust Chain</strong></p><ul><li>Improved tokenisation transparency by enabling both automated and manual token minting, with tokens containing full provenance and traceability records.</li><li>Overhauled the Trust Chain Explorer to provide a complete view of tokens and underlying raw data for audits.</li></ul><p><strong>Sustainability Standards and Circular Economy</strong></p><ul><li>Introduced Batch Management tools for industries adopting circular economies, supporting recycling and reuse.</li><li>Added new standard templates, including integrations with EnergyTag, ISCC Plus, GHG Protocol, Production Tax Credits, and other global frameworks, ensuring trusted reporting and certifications.</li></ul><p><strong>AI and User Experience</strong></p><ul><li>Added AI features to streamline data management, simplify manual inputs with document scanning, and integrate a highly interactive chatbot for setup and platform actions.</li><li>Improved platform stability, consistency, and user interface for an enhanced experience.</li></ul><p><strong>Collaboration and Billing Features</strong></p><ul><li>Launched enhanced collaboration features and improved user management.</li><li>Introduced a billing engine integrated with Stripe, simplifying monthly subscriptions and usage-based tokenisation fees.</li></ul><p><em>You can read our monthly updates in our </em><a href="https://docs.carboncentral.app/product-updates"><em>product blog here.</em></a></p><h4>Why Businesses Choose Carbon Central</h4><p>What sets Carbon Central apart is our ability to deliver a scalable, user-friendly platform that combines advanced technology with real-world results:</p><ul><li>Project Management: Manage multiple sites, facilities, or supply chains under a single account with ease.</li><li>Digital Twins: Capture every event — whether it’s meter readings or manual reports.</li><li>Tokens: Create secure blockchain-based tokens containing all digital twin data and ensure transparency with an immutable audit trail.</li><li>Custom Reporting: Generate tailored sustainability reports powered by tokenised, verifiable data.</li></ul><p>Above all, our growth is driven by customer feedback, alignment with industry standards, and our commitment to scalability. We’ve built Carbon Central to adapt to any industry, helping businesses go beyond compliance to lead the sustainability movement.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*2OEDKgdqoMsk2ni42P4_fA.png" /><figcaption>Simplified overview of Carbon Central</figcaption></figure><h4>Looking Ahead: The Future of Carbon Central</h4><p>As we reflect on 2024, we’re proud of how far we’ve come, but we’re even more excited about what’s next. We’re doubling down on our commitment to empower businesses with confidence, transparency, and trust as they navigate the complexities of sustainability.</p><p>Whether you’re looking to integrate carbon reporting, explore tokenisation, or unlock new value through guarantees of origin, Carbon Central is your partner for progress.</p><p><strong>Join Us on the Journey<br></strong>If your business is ready to showcase its environmental leadership and tap into the green economy, we’d love to hear from you.</p><h4>About NoviqTech</h4><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p><em>Visit </em><a href="http://noviqtech.com/"><em>noviqtech.com</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*xQFguYQsKhaZP-cP" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b523f6f9842a" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/a-transformative-year-for-carbon-central-b523f6f9842a">A Transformative Year for Carbon Central</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Challenges and Opportunities in Guarantee of Origin for Hydrogen]]></title>
            <link>https://medium.com/noviqtech/challenges-and-opportunities-in-guarantee-of-origin-for-hydrogen-86dff9e6d1a4?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/86dff9e6d1a4</guid>
            <category><![CDATA[green-hydrogen]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[digital-twin]]></category>
            <category><![CDATA[guarantee-of-origin]]></category>
            <category><![CDATA[hydrogen]]></category>
            <dc:creator><![CDATA[Dipam Gandhi]]></dc:creator>
            <pubDate>Sun, 08 Dec 2024 23:57:42 GMT</pubDate>
            <atom:updated>2024-12-08T23:57:42.421Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*iiK1KJ9nstsyHXZd8aa0TQ.jpeg" /><figcaption>Image Credit: <a href="http://www.freepik.com">freepik.com</a></figcaption></figure><p>Hydrogen has recently emerged as a pivotal energy carrier in the quest for new energy solutions. Its versatility and potential to produce zero emissions make it a promising candidate for decarbonising industries ranging from transportation to heavy manufacturing. However, for hydrogen to fully realise its potential as a green energy source, consumers and industries must be able to trust that it is produced sustainably. This assurance is achieved through a guarantee of origin (GO), which verifies the production methods and environmental attributes of hydrogen.</p><p>As of 2024, there are no universal standards accepted around the globe to standardise and verify hydrogen produced from all pathways. This is why it is important to ensure that a reliable GO system for hydrogen addresses these challenges and key opportunities that arise from it. This article explores common obstacles faced by the hydrogen industry and how NoviqTech is addressing these challenges through its advanced GO solutions.</p><p><strong>Why Guarantee of Origin for Hydrogen is Crucial</strong></p><p>Hydrogen production is highly variable in its environmental impact. For example, green hydrogen is produced using renewable energy sources but uses natural resources like water, whereas grey hydrogen is derived from natural gas, resulting in substantial carbon emissions. The ability to differentiate between these types through a GO system is essential for building transparency, establishing consumer trust, and driving investments in hydrogen. This transparency also enables governments and industries to track natural resource use and emissions, ensuring compliance with local regulatory standards and environmental goals.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*fxFb9iYKX8W-Pzm2.png" /><figcaption>The Hydrogen Rainbow Showing Various Production Processes. Image Credit: <a href="https://link.springer.com/article/10.1007/s41061-022-00391-9#rightslink"><em>Skillen et al., 2022</em></a><em>.</em></figcaption></figure><p><strong>Key Challenges in Guaranteeing the Origin of Hydrogen</strong></p><p>Despite the critical role of a GO system, creating a reliable and transparent tracking framework is not without its difficulties:</p><p><strong>1.</strong> Complex Supply Chains and Distribution</p><p>The hydrogen supply chain often involves multiple production, storage, and distribution stages, making it difficult to track its origin consistently from start to end. Each step — from production facilities to pipelines and storage centres — requires accurate tracking to maintain the integrity of its GO.</p><p><strong>2.</strong> Lack of Global Standards for Certification</p><p>Currently, there is no universally accepted certification framework covering all hydrogen production pathways. Different countries are developing their own standards, leading to inconsistency across regions. Without global alignment, it becomes challenging to verify, for example, that green hydrogen in one country is equivalent to certified green hydrogen in another, creating hurdles for cross-border hydrogen trade and complicating international compliance.</p><p><strong>3.</strong> Data Security and Transparency</p><p>Tracking hydrogen requires accurate data on production methods, emissions, and supply chain pathways. However, data transparency and security are challenging, especially when dealing with complex supply chains. Any misreporting or data tampering could undermine confidence in hydrogen markets, affecting both demand and investment in low carbon hydrogen.</p><p><strong>4.</strong> Evolving Regulations and Compliance Requirements</p><p>The regulatory landscape for hydrogen production and distribution is still developing. Differing regulatory requirements across regions add complexity, as companies must navigate varying standards to maintain compliance. For a truly effective hydrogen GO system, these regulations need to be consistent, predictable, and aligned across countries to support global trade.</p><p><strong>Opportunities in Guaranteeing Hydrogen’s Origin</strong></p><p>While the challenges are substantial, there are equally compelling opportunities that NoviqTech is addressing through its Carbon Central platform:</p><p><strong>1.</strong> Blockchain for Transparent Tracking</p><p>Blockchain technology offers an ideal solution for hydrogen origin tracking, providing a decentralised, tamper-proof ledger that records each step in the supply chain. Carbon Central leverages blockchain to create trustworthy records for each kilogram of hydrogen in real time as it is produced, ensuring customers receive reliable, transparent data on their energy origins.</p><p><strong>2.</strong> Digital Twins for Real-Time Monitoring</p><p>Digital twin technology creates a real-time, virtual representation of hydrogen production and distribution processes. By using Carbon Central’s digital twin feature, companies can continuously monitor all inputs, outputs and emissions.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*36kvs6zW5TXkYe4b5zHdXQ.png" /><figcaption>Carbon Central’s Digital Twin Feature to Track Hydrogen Production Processes</figcaption></figure><p><strong>3.</strong> Government Incentives and Industry Support</p><p>Governments across the world recognise the potential of hydrogen as a clean energy source and are introducing incentives to support green hydrogen production and certification. Tracking hydrogen production in Carbon Central makes it easy for project proponents to leverage financial aid, tax credits, and subsidies for low carbon hydrogen through producing various reports.</p><p><strong>4.</strong> Rising Market Demand for Verified Hydrogen</p><p>There is a growing demand from consumers, industries, and governments for verified, sustainable energy solutions. As awareness and demand for sustainable hydrogen rise, producers who can provide reliable guarantees of origin will have a significant advantage. This demand incentivises investments in GO technology, further driving innovation in the industry. NoviqTech is positioned to support these market shifts with its reliable GO solutions, allowing companies to meet consumer demands confidently and transparently.</p><p><strong>The Path Forward</strong></p><p>As hydrogen becomes an increasingly vital part of the energy transition, the need for robust, transparent GOs will only grow. While challenges persist, advancements in blockchain, digital twins, and global standardisation are paving the way for reliable GO systems that will accelerate hydrogen’s adoption as a sustainable energy carrier.</p><p>NoviqTech is committed to leading this transformation. Through its innovative technologies, NoviqTech empowers clients to confidently embrace sustainable hydrogen, ultimately building a cleaner, more accountable energy future.</p><p><strong>About NoviqTech</strong></p><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p><em>Visit </em><a href="http://noviqtech.com/"><em>noviqtech.com</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=86dff9e6d1a4" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/challenges-and-opportunities-in-guarantee-of-origin-for-hydrogen-86dff9e6d1a4">Challenges and Opportunities in Guarantee of Origin for Hydrogen</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Interview: NoviqTech accelerates blockchain growth with placement backed by global investor Tony G]]></title>
            <link>https://medium.com/noviqtech/interview-noviqtech-accelerates-blockchain-growth-with-placement-backed-by-global-investor-tony-g-d2dae0946486?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/d2dae0946486</guid>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[ai]]></category>
            <category><![CDATA[technology]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[innovation]]></category>
            <dc:creator><![CDATA[NoviqTech Publications]]></dc:creator>
            <pubDate>Sun, 24 Nov 2024 23:04:46 GMT</pubDate>
            <atom:updated>2024-11-24T23:03:53.857Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*jT6Y9QccxFLpxOkgPMACCA.jpeg" /></figure><p>Join us as Freddy El Turk, CEO of NoviqTech, speaks with Small Caps about our latest efforts to expand blockchain-powered solutions and carbon footprint monitoring expertise on a global scale.</p><p>Freddy highlights NoviqTech’s advanced discussions to list shares on the OTC market in the United States. This strategic move aims to enhance visibility and accessibility for North American investors, positioning us for broader market engagement and growth.</p><p>The interview also delves into the strong industry support behind our recent strategic placement, raising over $1 million. These funds will fuel the acceleration of our blockchain-powered ledger solutions, furthering our commitment to transparency and accountability in sustainability.</p><p>Among the key supporters of this placement is globally renowned investor Tony G. Freddy shares how Tony’s deep expertise in disruptive technologies and his influential network across private and public sectors serve as a resounding endorsement of NoviqTech’s vision.</p><p>Tony’s backing underscores confidence in our innovative approach and blockchain’s transformative potential, marking an important milestone in our mission to redefine sustainability solutions.</p><p>Don’t miss this insightful discussion. Watch the full interview<strong> </strong><a href="https://youtu.be/xLiUr8NFbqo"><strong>here</strong></a>.</p><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FxLiUr8NFbqo%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DxLiUr8NFbqo&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FxLiUr8NFbqo%2Fhqdefault.jpg&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/31c8e90663c4fd4f45a0bb0f96082108/href">https://medium.com/media/31c8e90663c4fd4f45a0bb0f96082108/href</a></iframe><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p>Visit <a href="https://www.noviqtech.com/">noviqtech.com</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d2dae0946486" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/interview-noviqtech-accelerates-blockchain-growth-with-placement-backed-by-global-investor-tony-g-d2dae0946486">Interview: NoviqTech accelerates blockchain growth with placement backed by global investor Tony G</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Closing the Loop on Glycol: NoviqTech’s Visit to Global Resource Recovery (NT)]]></title>
            <link>https://medium.com/noviqtech/closing-the-loop-on-glycol-noviqtechs-visit-to-global-resource-recovery-nt-844f1369ed68?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/844f1369ed68</guid>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[chemicals]]></category>
            <category><![CDATA[recycling]]></category>
            <category><![CDATA[oil-and-gas]]></category>
            <category><![CDATA[guarantee-of-origin]]></category>
            <dc:creator><![CDATA[Dipam Gandhi]]></dc:creator>
            <pubDate>Tue, 12 Nov 2024 03:03:00 GMT</pubDate>
            <atom:updated>2024-11-12T03:03:00.413Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*m4WY9lZCctVgUw4EkNMVdA.jpeg" /></figure><p>Since the announcement of a <a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02836663-3A647405">partnership with Global Resource Recovery (NT) (GRR)</a>, NoviqTech had the opportunity to visit GRR’s facility based in Darwin, Australia to learn more about their innovative glycol recycling process and to better understand how this process will be fully integrated with the Carbon Central platform.</p><p><strong>A Warm Welcome and Introduction to the Facility</strong></p><p>Located in Darwin, NT, Australia, Global Resource Recovery (GRR) operates one of the most advanced and state-of-the-art chemical recycling and reclamation facilities in the region. Upon our arrival, we were welcomed by GRR’s team, who offered us a tour of their plant, equipped with cutting-edge technologies and sustainable practices. The site visit began with a site induction and briefing on the importance of glycol recycling, explaining how spent glycol from industrial applications (like as dehydrating agent in the LNG industry) can be reprocessed rather than discarded.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*jCj20yiYYVT6neH_bSDzzw.jpeg" /><figcaption><em>Picture of Dipam Gandhi and Freddy El Turk at GRR Darwin Facility</em></figcaption></figure><p>Our primary objective was to understand the nuances of the glycol recycling process, learn about the environmental benefits, and evaluate how we can contribute through tokenised solutions to create Guarantee of Origin (GO) certificates and track carbon emissions savings of recycled glycol.</p><p><strong>Understanding the Recycling Process: From Waste to Resource</strong></p><p>The GRR facility uses a multi-stage process to recover glycol with high efficiency and purity. The process involves:</p><p><strong>1. Collection and Storage:</strong> Spent glycol is collected, filtered and stored in purpose-built storage tanks, making it ready for the next step in the process. A sample from the material received is lab tested at site to examine the proportion of contaminants to be removed from the material.</p><p><strong>2</strong>. <strong>Evaporation:</strong> At this stage, excess water is removed from the material. The water removed is collected and processed through an on-site Wastewater Treatment (WWT) facility such that the treated water can be safely taken away through waste management arrangements.</p><p><strong>3.</strong> <strong>Distillation:</strong> At this stage, the highly concentrated glycol solution is distilled, separating pure glycol from chemical residues and salts, which are further processed and treated for disposal.</p><p><strong>4.</strong> <strong>Quality Testing:</strong> Rigorous quality checks ensure the recycled glycol meets industry standards and customer requirements, making it suitable for a variety of applications.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/904/1*13mW0KtHnelADL7VWnGJ0w.jpeg" /></figure><p>We also witnessed first-hand how GRR centrally controls and manages their entire operations on site through various systems, tracking each phase with precision and dedication to environmental stewardship. This aligns perfectly with our data-driven approach at NoviqTech to promote resource-efficiency and circular economy.</p><p><strong>The Environmental Impact: Circular Economy in Action</strong></p><p>Recycling glycol is not just about reclaiming a chemical; it’s about reducing environmental harm and promoting circular economy. Disposing of used glycol is challenging due to its toxic properties, and improper disposal can lead to soil and water pollution. GRR’s approach not only prevents these adverse effects but also contributes to reducing the demand for virgin resources, conserving energy, and cutting greenhouse gas emissions to a great extent.</p><p>At NoviqTech, we are passionate about supporting circular supply chains, and GRR’s plant demonstrated how effective recycling can close the loop in industrial waste management. This experience also validated the potential for our blockchain-based digital twin solution within Carbon Central, which could trace each unit of recycled glycol and verify its origins, ensuring authenticity and transparency.</p><p><strong>Exploring Collaboration: Digital Twins and Tokenisation</strong></p><p>Our visit was at GRR was an exciting learning experience about how an industry-leading process can benefit a whole industry in many ways. As NoviqTech develops a digital twin for Guarantee of Origin tracking for GRR, we see significant synergy in integrating our systems with GRR’s operational data. Through blockchain-based tokenisation, each unit of recycled glycol will carry a unique digital footprint, from its point of origin to its re-entry into the market, tracking material and emissions.</p><p>Our discussions with GRR’s team included our technology could enhance transparency, verify sustainable practices, and promote circular economy, incentivising industries to choose recycled glycol over virgin alternatives.</p><p><strong>What Lies Ahead</strong></p><p>As we finalise our digital twin for GRR, we are excited to see the value and benefits that our Guarantee of Origin solution brings to GRR and the industries they support. Our partnership with GRR is an amazing example of how NoviqTech supports sustainable supply chains and promotes circular economy through our solutions.</p><p><strong>About NoviqTech</strong></p><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p><em>Visit </em><a href="http://noviqtech.com/"><em>noviqtech.com</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=844f1369ed68" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/closing-the-loop-on-glycol-noviqtechs-visit-to-global-resource-recovery-nt-844f1369ed68">Closing the Loop on Glycol: NoviqTech’s Visit to Global Resource Recovery (NT)</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Simplify Your Carbon Management with Carbon Central]]></title>
            <link>https://medium.com/noviqtech/simplify-your-carbon-management-with-carbon-central-86886cfba6fa?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/86886cfba6fa</guid>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[technology]]></category>
            <category><![CDATA[carbon]]></category>
            <category><![CDATA[sustainability]]></category>
            <category><![CDATA[climate-change]]></category>
            <dc:creator><![CDATA[Tyrone Ranatunga]]></dc:creator>
            <pubDate>Wed, 16 Oct 2024 00:02:45 GMT</pubDate>
            <atom:updated>2024-10-16T00:02:45.505Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*yNFl0RCQdO98CUnnnYgDUg.png" /></figure><p>In today’s world, businesses are increasingly focused on sustainability, carbon tracking, and embracing tokenisation to ensure transparency. To help you streamline these processes, NoviqTech has developed <strong>Carbon Central</strong> — a comprehensive platform designed to meet your carbon reporting, tokenisation, and guarantee of origin needs.</p><p>In our latest video, we provide a step-by-step overview of Carbon Central, showing how this platform simplifies carbon management. The video walks through key features that will help your business efficiently track emissions and sustainability goals.</p><h3>Here’s a sneak peek of what you’ll learn:</h3><ol><li><strong>Project Setup</strong><br>Begin by entering key project details like the type, location, and objectives. Whether you’re managing a renewable energy initiative or a production facility, Carbon Central sets the foundation for tracking your project’s carbon impact and enabling tokenisation.</li><li><strong>Digital Twin</strong><br>At the heart of the platform is the <strong>Digital Twin</strong> feature, allowing you to create a virtual representation of your project. From real-time data collection to customised emissions calculations, this tool helps you monitor energy consumption, production metrics, and more — all in one place.</li><li><strong>Batch Management</strong><br>With batch management, track individual production cycles and tag additional data, like transportation emissions, to get a holistic view of your project’s lifecycle.</li><li><strong>Tokenisation and Blockchain Integration</strong><br>Carbon Central’s blockchain-based ledger ensures a secure, transparent, and auditable trail of tokens. You can create custom rules for token issuance, and all tokens are visible on the <strong>Carbon Central Trust Chain</strong>.</li><li><strong>Comprehensive Reports</strong><br>Once your data is captured, Carbon Central makes it easy to generate industry-specific reports, including sustainability declarations, guarantees of origin, and custom emissions reports — all directly exported from the blockchain.</li></ol><h3>Watch the Full Video!</h3><p>If you’re looking for a way to simplify your carbon reporting and ensure full transparency in your sustainability initiatives, <strong>Carbon Central</strong> is the solution. <a href="https://youtu.be/lhIpeAr3ts4"><strong>Watch the video</strong></a> now to discover how it can help your business track emissions, manage tokens, and produce verifiable reports.</p><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FlhIpeAr3ts4%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DlhIpeAr3ts4&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FlhIpeAr3ts4%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/e4e3bf7a0b84d0a0588ec173b70ae2e3/href">https://medium.com/media/e4e3bf7a0b84d0a0588ec173b70ae2e3/href</a></iframe><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p><em>Visit </em><a href="http://noviqtech.com/"><em>noviqtech.com</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=86886cfba6fa" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/simplify-your-carbon-management-with-carbon-central-86886cfba6fa">Simplify Your Carbon Management with Carbon Central</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[NoviqTech Delivers Comprehensive Technical Architecture for TROEF Energy Platform]]></title>
            <link>https://medium.com/noviqtech/noviqtech-delivers-comprehensive-technical-architecture-for-troef-energy-platform-e6b0a6c84f70?source=rss----ab7e3357149f---4</link>
            <guid isPermaLink="false">https://medium.com/p/e6b0a6c84f70</guid>
            <dc:creator><![CDATA[Sjoerd Schelvis]]></dc:creator>
            <pubDate>Tue, 01 Oct 2024 23:08:49 GMT</pubDate>
            <atom:updated>2024-10-01T23:08:49.054Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*iWnkRTMOOUjDiUNX_1M3Rw.png" /></figure><p>NoviqTech has reached a key milestone in the TROEF project by delivering a comprehensive technical architecture document. TROEF, which stands for “Transparent Reduction of CO2 and Optimization of Energy in a Flexibility Ecosystem,” is an initiative aimed at reducing CO2 emissions and accelerating the energy transition in the Netherlands. As the leader of the Technical Architecture result area, NoviqTech’s contribution outlines the framework to enable buildings and energy communities to efficiently share data, energy, and services on the Internet of Energy.</p><h3>Business Functions and Roles</h3><p>At the core of TROEF’s architecture are 24 business functions designed to optimize energy management and reduce CO2 emissions. These functions cover critical activities like flexibility aggregation, charging infrastructure management, dynamic control of energy systems, and network balance. Advanced capabilities include congestion management, CO2 tracking, and energy certificate management through blockchain technology. To enhance usability, the platform also features data visualization and dashboarding tools for energy insights.</p><p>The technical architecture defines the use of forecasting technologies for accurate energy predictions and a virtual testing environment (VTE) for simulating energy communities. Secure data exchange and privacy management are also embedded to safeguard information flows.</p><p>NoviqTech’s architecture identifies key roles necessary for the platform’s operation, including Aggregators, Charge Point Operators (CPOs), Energy Management System Providers (EMS), and Balance Service Providers (BSPs). These roles collaborate to create a sustainable energy system, with specific responsibilities tied to energy management, infrastructure, and system balance. The inclusion of specialist roles such as Blockchain Specialists for CO2 data tracing and Digital Twin Simulation Providers for scenario modeling adds another layer of sophistication to the system.</p><h3>System Architecture and Components</h3><p>The TROEF technical architecture builds on a robust foundation, integrating energy management across buildings, communities, and the broader Internet of Energy. Central to this structure is the Data Services Platform — a flexible middleware that enables seamless data processing and exchange. The architecture employs a containerized, microservices-based approach for scalability and adaptability.</p><p>Key system components include energy consumption forecasting, optimized management of charging infrastructure, and blockchain-based services for certifying green energy and CO2 emissions. These elements are essential in achieving the project’s energy efficiency and sustainability goals. The platform is designed as an open system, allowing for future integration with other systems through standardized APIs and communication protocols. This ensures TROEF is prepared to scale and evolve as the energy landscape changes.</p><p>The Data Services component of the TROEF architecture plays a crucial role, offering services for data processing, analysis, and visualization. This includes the integration of external data sources and advanced simulation techniques, which significantly enhance the platform’s ability to handle complex energy data.</p><h3>Data model for Interoperability</h3><p>A major focus of the technical architecture is the data model, which promotes standardization and flexibility. Given the lack of a comprehensive industry standard, NoviqTech created a data model that ensures interoperability between various systems. The platform’s “loosely coupled” design allows for easy integration or removal of components without disrupting the entire system — critical for future scalability.</p><p>TROEF’s data model incorporates smart meter data, energy mix information, CO2 and energy certificates, and weather data. The integration of the EnergyTag standard supports transparency and traceability of green energy, while peer-to-peer energy trading between TROEF communities is enabled through structured data objects.</p><p>The data model is built on the ESDL (Energy System Description Language), enhanced with Project Haystack naming conventions. This comprehensive data architecture allows the TROEF platform to manage, analyze, and visualize complex energy data efficiently.</p><h3>API Specifications and Security Strategy</h3><p>To facilitate data exchange, TROEF includes an extensive set of APIs, covering a wide range of functions from energy management to user administration. The APIs are designed following the CRUD (Create, Read, Update, Delete) principles, ensuring efficient integration and data management.</p><p>A comprehensive security strategy underpins the TROEF platform, ensuring the integrity and confidentiality of sensitive energy data. The security architecture features layered defenses focusing on access control, data security, and network protection. Modern authentication methods have been implemented to safeguard APIs and data exchanges, critical for the open and integrable nature of the platform.</p><p>Proactive security measures, including regular evaluations and tests, ensure the platform remains resilient against evolving cyber threats, providing the reliability needed to manage critical energy data.</p><h3>Conclusion</h3><p>NoviqTech’s technical architecture for the TROEF platform is a critical milestone in advancing energy management in the Netherlands. The platform is not only designed to meet current challenges in energy efficiency and CO2 reduction but is also future-proof, allowing for ongoing innovation in the energy sector. Through this architecture, TROEF is well-positioned to contribute to a more sustainable energy ecosystem.</p><h3>About NoviqTech</h3><p>NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions reporting, and guarantee of origin. The NoviqTech brands — Carbon Central and NoviqAI deliver novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products’ origins all in real-time.</p><p><em>Visit </em><a href="http://noviqtech.com/"><em>noviqtech.com</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e6b0a6c84f70" width="1" height="1" alt=""><hr><p><a href="https://medium.com/noviqtech/noviqtech-delivers-comprehensive-technical-architecture-for-troef-energy-platform-e6b0a6c84f70">NoviqTech Delivers Comprehensive Technical Architecture for TROEF Energy Platform</a> was originally published in <a href="https://medium.com/noviqtech">NoviqTech</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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