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Alpha Ladder patents carbon stablecoin framework
Singapore-based Alpha Ladder Group (ALG) has received patent protection for its innovative CNT Carbon Stablecoin framework, developed by its AI subsidiary MVGX Tech. This blockchain system converts verified decarbonization activities into programmable carbon-backed stablecoins.
The technology uses IoT sensors and AI to authenticate real-time decarbonization data and transform it into tradeable carbon credit assets. The framework addresses regulatory requirements, including Paris Agreement commitments, through a structure similar to American Depository Receipts.
The system’s first proof-of-concept launched in September 2021 under Singapore’s Securities and Futures Act, backed by Chinese Certified Emission Reduction credits from a wind power project in Zhangjiakou City.
With global carbon emissions reaching 41.6 billion tonnes in 2024, ALG positions this technology as essential infrastructure for carbon-linked digital finance. The patent strengthens ALG’s role as a regulated digital green infrastructure provider, offering solutions for cross-border payments and foreign exchange trading while promoting verified net-zero efforts.
The framework aims to transform carbon credits from a niche asset into a mainstream financial instrument, supporting the transition to a more sustainable financial system.
Read the original article here: https://www.theasset.com/article-esg/54579/alpha-ladder-patents-carbon-stablecoin-framework
Solomon Islands PM Jeremiah Manele to visit New Zealand to deepen ties
Solomon Islands Prime Minister Jeremiah Manele is scheduled to visit New Zealand this week, marking his first official visit as head of government. The visit aims to strengthen bilateral relations and discuss regional cooperation ahead of the Pacific Islands Forum Leaders Meeting in September, which Solomon Islands will host.
New Zealand Prime Minister Christopher Luxon emphasised the importance of the partnership, noting the historic connections between the two Pacific nations. During his stay, PM Manele will meet with Foreign Affairs Minister Winston Peters and Oceans and Fisheries Minister Shane Jones to discuss bilateral cooperation and regional challenges. The visit builds on existing development partnerships in education, infrastructure, and climate resilience.
The diplomatic engagement comes at a crucial time for Pacific regional cooperation, with both nations seeking to strengthen their partnership amid increasing geopolitical attention in the region.
Read the original article here: https://www.devdiscourse.com/article/law-order/3519701-solomon-islands-pm-jeremiah-manele-to-visit-new-zealand-to-deepen-ties
Africa’s first cell & gene therapy startup Altera Biosciences raises R29M
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