IntellectEU (IEU) is a leading systems integrator (SI) with experience across markets, environmental solutions, and emerging technologies. As an enterprise-focused SI, the IEU team has a strong interest in building solutions that usher in a new era of transparency and accessibility within sustainability markets.
Mission
Foster innovation in and adoption of new sustainability-oriented asset classes. They do this by co-creating innovative solutions that enhance market transparency, accessibility, and discoverability.
Carbon Project Integrity
The Guardian Ecosystem enables ALLCOT to create a standardized project development framework that fosters trust, transparency and compatibility across all project stakeholders. This ensures the creation of high-integrity projects while maximizing benefits for local communities.
The Guardian Ecosystem facilitates the fulfillment of methodology standards, validation body requirements, project developer needs, and community expectations, thereby enhancing the overall efficiency and transparency of the project
ALLCOT stakeholders benefit from access to accurate and comprehensive information on Hedera Guardian’s public ledger, leveraging a common set of rules and standards, fostering trust and accountability.
Transparently demonstrating how project resources are allocated on the public ledger enables ALLCOT’s stakeholders to comprehend the full scope of a project's efforts, flow of funds, and impact.
By recording the transaction cost at every stage of a project's progress, resulting carbon credits can be priced to maximize revenue distribution back to the local community.
By utilizing Hedera Guardian’s digital ledger, ALLCOT is able to minimize accounting errors, make auditing more open and efficient, and enable a more equitable emergence of verification and validation partners.
The Hedera Guardian Ecosystem establishes a secure chain of data custody, particularly in the case of drone-captured information for origination purposes. This enables ALLCOT to ensure that all project data remains intact, trustworthy and accurately tethered to each project attribute.
By ensuring that data provided aligns with the necessary frameworks, the Guardian helps meet specific industry needs and standards, while ensuring compliance with multiple reporting requirements.
ALLCOT is focused on creating products that surpass the limitations of conventional methods, shifting towards more advanced and efficient approaches to future sustainability markets.
The Guardian serves as a single source of truth, ensuring that policies and rules are standardized and compatible with other sustainability market actors. This enables ALLCOT to align financing through carbon forwards and the structuring of green bonds seamlessly across various entities within the ecosystem
The adoption of a common taxonomy within Guardian enables ALLCOT to establish a standardized language for discussing and addressing various sustainability issues. This fosters better communication and alignment for more effective and cohesive climate action.
By leveraging the flexibility and adaptability of Guardian, ALLCOT has the ability to provide various pathways for different stakeholders as the sustainability market evolves.
The Hedera Guardian Ecosystem operates as a common good, providing services to the entire ecosystem without an extractive fee-based model.
ALLCOT leverages the Hedera Guardian Ecosystem to build on and integrate various services and initiatives already established by other community members. This creates an aligned, streamlined ecosystem of sustainability market actors that avoids duplication to serve the needs of communities, investors, and project developers.
To achieve this, IEU has contributed to the development of the Hedera Guardian to provide auditable and verifiable data critical for the functioning of sustainable asset markets. Their commitment since 2014 to utilize blockchain technology has led to the creation of applications incentivizing sustainable actions, establishing provenance chains for climate focused markets, and developing transparent registries for sustainable aviation fuel.
Case study: Hedera Guardian Improvement
In 2023 IntellectEU was selected by Swirlds Labs, in partnership with HBAR Foundation Sustainable Impact Fund, to work with the Envision Blockchain teams to enhance the Guardian Framework based on community feedback and the need for additional enterprise-grade functionality. The goal was to optimize Guardian's core modules and functionalities—focusing on user experience, deployment, security, and establishing methodologies and best practices for coding and testing new feature development.
This initiative aimed to make the Guardian platform bank-grade for institutional use and scale, addressing the demands for a more secure, scalable, and user-friendly framework that could facilitate the Digital Measurement, Reporting, and Verification (dMRV) requirements-based tokenization implementation.
The uniqueness of this project lies in its open-source nature and the sophistication of the Policy Workflow Engine (PWE), which allows for auditable, traceable, and reproducible records documenting the emission process and life cycle of carbon credits. This significantly reduces the potential for fraud in the sustainability market.
The direct beneficiaries are entities involved in creating environmental assets, such as issuing carbon credits and consumers of those credits, who gain from the increased transparency around the credits' origins and attributes. Making the Guardian enterprise-grade has made it more appealing for large companies seeking a secure and standardized platform for building sustainability solutions, thus delivering value not only to IntellectEU's immediate ecosystem of large institutions but also to the broader sustainability market by fostering markets that are transparent, accessible, and auditable.