Water Ledger is the global leader in developing "shared point of truth" solutions for water resources management using distributed ledger technology. We focus on transforming water accounting, markets, stewardship, and non-revenue water by reimagining how the world manages the quantity and quality of its water resources.
Mission
Water is the lifeblood of our planet, essential for human survival, economic development, and environmental sustainability. Today, with over 2 billion people already living in water-stressed regions and global water demand projected to surge 55% by 2050, traditional management systems are faltering.
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.
In this era of escalating water crises, we see four critical challenges in the water sector: trust, transparency, accountability, and governance. By addressing these challenges, Water Ledger is reshaping water management practices and driving global impact in sustainability, climate resilience, and equitable access to water.
Put simply, Water Ledger provides "indisputable accountability between the water we have, use, share, and the value we exchange."
Transforming Water Management
Trust
Traditional water management relies on personal relationships rather than data-driven decisions. Water Ledger transforms this paradigm by creating an immutable, shared source of truth on the Hedera network. Using Hedera Guardian we tokenise, at water management area scale, the available water and associated water rights. A series of workflows then ensures that every water measurement, allocation, and transfer is verified and recorded on the distributed ledger, establishing trust through technology rather than personal relationships.
Accountability
Water responsibility is typically fragmented across multiple stakeholders, with governments bearing an outsized burden. Water Ledger's platform distributes this accountability across all participants through smart contracts and automated compliance monitoring. Each water user or water manager has access to a Hedera account to manage their personal water management actions. This creates a balanced ecosystem where all stakeholders - from government agencies to individual users - share responsibility for water resource management.
Transparency
Water Ledger breaks down the barriers of opacity in water management through comprehensive real-time data access. Users gain immediate insight into water availability and quality metrics, enabling informed decision-making about resource allocation. The platform provides complete visibility into water rights ownership and transfers, ensuring clear provenance and legitimate trading. Through detailed usage patterns and compliance tracking, stakeholders can monitor and optimise their water consumption while meeting regulatory requirements. The platform's market pricing and trading activity data create unprecedented visibility into the true value of water resources, enabling efficient market operations.
Empowerment
Water Ledger revolutionises resource management by putting powerful tools in the hands of those who need them most - the water users themselves. Through our platform, users gain access to real-time water availability data, enabling immediate response to changing conditions and informed resource planning. Our advanced trading and management tools simplify complex water transactions while ensuring compliance with regulations. Comprehensive market insights and analytics help users make data-driven decisions about their water resources. The platform's automated compliance reporting reduces administrative burden while ensuring adherence to regulatory requirements.
Case Study: Virginia's Mitigation Credit Program
The Commonwealth of Virginia stands at the forefront of mitigation credit programs, pioneering initiatives that balance financial benefits with water quality protection. However, their existing system faces significant challenges: periodic mitigation credit shortages, inability to track individual credits, lack of transaction support, and insufficient data on credit supply, demand, and pricing.
Recognizing these challenges, the Department of Environmental Quality in Virginia has selected Water Ledger to develop a comprehensive mitigation credit trading platform. Our solution creates a unified, tamper-proof record of all mitigation credit-related data and transactions. By leveraging Hedera's technology, we ensure all stakeholders work from the same verified dataset, eliminating disputes and building trust across the mitigation banking ecosystem.
Our integrated technological approach combines the immutability of blockchain record-keeping with sophisticated market analytics and automated smart contracts. This creates a streamlined trading environment that significantly reduces transaction costs while maintaining rigorous compliance standards. The resulting digital marketplace facilitates transparent price discovery and enhances market liquidity, creating a more efficient and equitable trading environment.
Through this implementation, we're delivering transformative benefits: improved provenance and traceability of mitigation credits and greater sustainability.
Building for the Future
As global water challenges intensify, Water Ledger continues to innovate and expand our platform's capabilities. By leveraging the power of distributed ledger technology and the Hedera Guardian ecosystem, we're creating a future where water resources are managed efficiently, transparently, and sustainably for the benefit of all stakeholders.
Our commitment to reimagining water management extends beyond technology - we're building a new paradigm for water resource governance that emphasises transparency, trust, and shared responsibility.
Through Water Ledger's platform, we're not just managing water resources; we're ensuring water security for future generations.
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