SCB Environmental Markets, a leading low carbon company, and pioneering blockchain carbon marketplace Thallo today announce a new collaboration on digital future-focused carbon credits.
The collaboration leverages SCB’s extensive services in the carbon space and Thallo’s cutting-edge technology to optimize opportunities for businesses and individuals to buy verified, high integrity carbon credits. Through the partnership, SCB will supply carbon credits from multiple registries to Thallo’s new Carbon-as-a-Service offering and actively trade on Thallo’s marketplace platform. SCB will supply credits through Thallo’s two-way bridge, a first-of-its-kind technology that allows carbon credits to be moved from a carbon registry onto and off of the blockchain to maximize traceability, transparency and integrity.
Other joint activities include innovative projects to leverage the Thallo tech stack in support of the growth of the carbon market on-chain. The two companies will also co-operate to increase understanding of blockchain-enabled voluntary carbon and digital credit markets through joint workshops and webinars.
“As a leader in environmental markets, we believe that digitization is key to increased integrity – and therefore growth – of the voluntary carbon market,” says Kevin McGeeney, CEO of SCB. “We are proud to partner with Thallo to bring this vision to reality.”
Joseph Hargreaves, Co-Founder and Chief Strategy Officer of Thallo, added, “This collaboration with market-leading, low carbon trading company SCB is a significant milestone for Thallo’s vision of providing customers with access to the entire carbon market in a high-credibility, digitized fashion. Combining SCB’s market expertise and Thallo’s cutting-edge digitalization, we are committed to scaling the voluntary carbon markets in an innovative and sustainable way that drives positive change.”
