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Hyundai Motor and Kia Introduce CO2 Emission Monitoring System Built on the Hedera Network

Twitter icon  •  Published il y a 8 mois  •  Hassan Maishera

Hyundai Motor Company and Kia Corporation have launched a blockchain-based Supplier CO2 Emission Monitoring System (SCEMS) on the Hedera mainnet.

HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Hyundai Motor Company and Kia Corporation have launched a blockchain-based Supplier CO2 Emission Monitoring System (SCEMS) on the Hedera mainnet.

The foundation stated that SCEMS is designed to compute carbon emissions at every stage of the supply chain, enabling Hyundai Motor and Kia to secure reliable data across its supplier’s business operations, including procurement of raw materials, the manufacturing process and product transportation.

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0537 at press time, up by 5% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.