HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Thursday that decentralized data aggregator Ledger Works has made its Eco Connect available on the Hedera network.
Eco Connect makes digital environmental assets generated by the Guardian discoverable to Regenerative Finance (ReFi) marketplaces and any stakeholders interested in auditing credits, emissions, and other ecological assets on Hedera. Eco Connect enables businesses to interact with a carbon offset market that is verifiable, traceable, and transparent, the team added.
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 $0.0602 at press time, up by more than 1% over the last 24 hours.