HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Thursday that TYMLEZ has partnered with Aerospace Malaysia Innovation Centre (AMIC) on the guarantee of origin for sustainable aviation fuel. The two entities will work together to launch sustainable aviation fuel carbon emissions reporting on the Hedera blockchain. They will work together to assess opportunities for guaranteeing the origin of sustainable aviation fuel across the full value chain, providing customers with assurance over the carbon footprint of their fuels.
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 $0.0484 at press time, down by more than 2% over the last 24 hours.