Alephium has been chosen as the reference blockchain to support GIGATONS' climate revolution, an ambitious project aimed at reducing CO₂ emissions globally. This strategic partnership, announced during Abu Dhabi Finance Week, marks a crucial step in the fight against climate change.
Alephium: Driving a multi-trillion dollar global climate revolution
GIGATONS is the global entity of Grisderve UK, the UK's largest electric vehicle provider, charging over 250,000 EVs per month and estimated to be worth over $1 billion. This innovative platform dedicated to reducing CO₂ emissions has selected Alephium for its advanced GIGA protocol. This choice is based on Alephium's next-generation Proof of Work (PoW) consensus technology, known for its security and decentralization. The project aims to tokenize $100 billion over the next decade, integrating blockchain to validate carbon credits and ensure full transparency at every stage of the value chain.
The aim of GIGATONS is to mobilize funds for meaningful green projects, by enabling investors to track the carbon emissions reductions resulting from their investments. This initiative is expected to attract significant capital, thereby strengthening confidence in green investments. Together with key partners like the Abu Dhabi Investment Office and the UAE Ministry of Energy and Infrastructure, GIGATONS plans to deploy global projects at unprecedented speed and scale.
Among the first projects announced, GIGATONS is partnering with Flow Power to develop an electric vehicle charging network in Australia and Hearst to launch a solar-powered Bitcoin mining project, with verifiable carbon accreditation on the blockchain. These initiatives illustrate GIGATONS’ commitment to using cutting-edge technologies to achieve ambitious sustainability goals.
Why Alephium?
Alephium stands out for its innovative BlockFlow technology, which significantly improves the scalability of its network while providing a fluid and unified user experience. It combines advanced smart contracts with the robustness and security of the UTXO model. Additionally, its Proof-of-Less-Work consensus reduces the network's carbon footprint, perfectly meeting the needs of climate initiatives and high-impact projects.
According to the founders of GIGATONSthis technology will make it possible to manage billions of transactions while minimizing environmental impact, an essential advance in the context of projects of this scale. This will also attract the attention of investors and businesses keen to engage in net zero solutions.
In short, the partnership between Alephium and GIGATONS represents a major step forward in the use of blockchain for climate initiatives. By tokenizing billions of dollars and validating carbon credits, this project promises to transform the way green investments are made and tracked, contributing to a more sustainable future.
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