The Hashgraph Group (THG), the Swiss-based Web3 technology engineering company operating within the Hedera ecosystem, has launched EcoGuard, a secure, scalable and sustainable carbon credit workflow platform. Built on Hedera network, the energy-efficient distributed ledger technology (DLT), EcoGuard is redefining carbon market infrastructure by automating and embedding digital trust and data provenance directly into the entire carbon asset lifecycle, ensuring full traceability of every carbon credit from creation and verification to issuance, tracking, and retirement.

The global carbon market has evolved into a trillion-dollar ecosystem and is projected to reach $5tr by 2035, primarily driven by the Compliance Carbon Market (CCM). It remains fraught with structural challenges, deceptive greenwashing practices, and inability to scale effectively. These pain points represent a unique opportunity for game-changing innovations like EcoGuard, which is architecturally, technologically and operationally superior to other traceability platforms in the carbon market. EcoGuard is designed to support large-scale, production-grade tokenised ESG systems for government institutions, with primary focus on enabling and enforcing regulatory frameworks for the CCM.

EcoGuard aligns with THG’s continued commitment to deliver transparent and trusted ESG compliant solutions on the Hedera DLT network. It builds upon ongoing sustainability efforts with multiple government institutions around the world.