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Carbon Gets Smart: Fedrok AG and TechXEarthSpace Partner to Launch Tokenized CO₂ Credits
- Swiss blockchain company Fedrok AG and Indian climate-tech startup TechXEarthSpace are partnering to launch tokenized CO₂ credits aimed at real carbon removal and underground storage.
- The collaboration aims to provide transparent, measurable, and verifiable climate action using blockchain technology to ensure high integrity carbon credits.
- The tokenized credits will be minted through Fedrok's Proof of Green consensus mechanism, tied to CO₂ removal by TechXEarthSpace, and tradable on Fedrok's Level 1 blockchain.
- Fedrok offers blockchain infrastructure dedicated to carbon markets, with its native FDK Coin supporting transactions and verifiable credit issuance based on on-chain activity.
- TechXEarthSpace integrates DAC units, AI-managed injection monitoring, and subsurface mapping for reliable carbon storage solutions.
- The project pilot will start in southern India before scaling globally to address rising demand for trustworthy carbon credits.
- This collaboration aims to address market failures by ensuring permanence and trust in carbon credit offerings, crucial as the voluntary carbon market expands.
- The infrastructure build is focused on long-term sustainability and compliance with global regulations like those in the Paris Agreement.
- The first pilots are set for late 2025 in India, with plans to expand across Asia and integrate with emerging carbon marketplaces.
- Fedrok and TechXEarthSpace emphasize reliability through geology, data integrity, and cryptographic trust to enhance the effectiveness of carbon credits.
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