Green Assets Wallet: Blockchain in the Green Finance

Helen Petrashchuk
Oct 15, 2019 · 2 min read

The Green Asset Wallet (GAW) is a technology to bridge sustainable investors with green investment opportunities through blockchain technology. GAW is developed to deliver transparency and confidence to the green debt market investors that green money goes to the financing of environmentally friendly projects and deliver promised environmental benefits.

The mission of this not-for-profit сentre is to push the frontier of green finance and investment to effectively deliver on the Sustainable Development Goals and the Paris Agreement.

The platform was launched in September 2019 under the lead of Stockholm Green Digital Finance, where 4ire Labs team took part in architecture development and integration of Chromia blockchain.

4ire Labs were taking an approach to building a platform on Chromia (blockchain platform). As you know the Chromia is written on Rell new language designed particularly for Chromia, which will be used for dapp programming. Thus Rell is very database-centric.

GAW was also presented at 4ire Labs FinTech Meetup on the 5th of September, 2019 in Stockholm with Chief Solutions Architect at Chomia Blockchain Jorgen Mundin. Video report from Jorgen Mundin presentation you can find below.

Blockchain continues to transform the finance and banking sector through a centralized to a decentralized point of authority, allowing dramatically optimize business processes by sharing data in an efficient, secure, and transparent manner. As the GAW was launched into production 4ire labs have big expectations and the list of improvements for next years. The goal for 2020 is to fill in the market with the new investment types (crowdfunding) and automated API integrations.

Learn more: https://4irelabs.com/green-assets-wallet-defi-case

4IRE labs

Blog on FinTech, blockchain for business and open markets

Helen Petrashchuk

Written by

PARTNER AT @4IRE LABS

4IRE labs

4IRE labs

Blog on FinTech, blockchain for business and open markets

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