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Greencore Partners with IOST to Improve the Layer-2 Scalability and User Privacy Protection

The IOST Foundation is excited to announce our strategic partnership with Singapore-based company GreenCore- a New-Energy Eco-system Reconstructed by Blockchain.

IOST and Greencore will work closely in devoting R&D resources towards research and development of layer-2 scaling solutions for Greencore through applying IOST’s advanced public Blockchain technologies to optimize Greencore’s Blockchain infrastructure. Through this partnership, IOST will offer Greencore with its novel and advanced off-chain scaling technology while benefiting from the most promising application scenarios from Greencore, such as the New-energy trading and settlement marketplace.

Greencore is set to build a trading and settlement system for carbon credits, new-energy assets, and also validation network for carbon emission quotas and certificates of emitters. In order to improve users’ trading experience and further enhance the privacy protection, Greencore will deploy a public chain settlement protocol, which adopts Layer -2 scaling technologies as the keystone. In the off-chain trading and settlement layer, Greencore will improve the scalability and usability by actively applying the mature off-chain scaling technology from IOST to the trading process.

About Greencore

Singapore-based company- Greencore, built under the Blockchain framework of Greencore Protocol, is specialized and dedicating in Reconstructing New-energy industry by introducing Greencore Trading & Settlement Platform integrating areas of Carbon Trading, New-energy Assets Trading, Renewable Energy Certificates, and CCS (Carbon Capture and Storage) to accomplish an Eco-system with higher efficiency, transparency, and liquidity for the New-energy industry.

Greencore Eco-system is composed of 4 categories:

  • Blockchain Framework (Infrastructure of Greencore Protocol)
  • Traditional Energy Players (Energy companies and energy traders)
  • DeFi services (Facilitators of Greencore Trading & Settlement Layer)
  • Crypto Exchanges (support of GCT token liquidity)



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About IOST

Supported by Sequoia, Matrix, ZhenFund, and other world-class investors, IOST is a leading blockchain platform developed for online service providers. IOST is now officially one of the Big Four public chains alongside with Ethereum, EOS, and Tron.

IOST achieves high scalability and TPS through the POB consensus algorithm and the design of the second-layer solution. Through developing an effective community-owned network, it provides a platform for third-party developers, creators, and enterprises to realize greater value. IOST can improve transaction performance without sacrificing decentralization, i.e. protecting privacy, public participation, and protecting communities from malicious attacks.

If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:




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