TAFISA Korea Collaborates with SymVerse Labs on Blockchain Technology to Strengthen Carbon Neutrality Efforts
TAFISA Korea (CEO Wansik Hong) and blockchain platform SymVerse Labs (CEO Suhyuk Choi) announced that they have signed a cooperation agreement on blockchain technology for carbon neutral activity services. The cooperation aims to contribute to solving the global climate crisis by developing innovative carbon neutral activity campaigns and recording services based on blockchain technology.
TAFISA Korea is the Korean branch of the World Federation of Living Sports, an organization that promotes living sports activities that everyone can easily participate in their daily lives. Recently, TAFISA Korea launched Net-Zero Walk, the world’s first climate action application based on physical activity. The app is unique in that it helps users contribute to carbon neutrality through daily activities such as walking and cycling. The app also aims to educate the world about the severity of the climate crisis and inspire people to become carbon-neutral.
Since its establishment in 2018, SymVerse Labs has provided a multi-blockchain platform and various solutions to make it easier for enterprises to utilize blockchain technology. The company’s enterprise solutions have made blockchain technology more accessible, helping many organizations achieve digital transformation. In this collaboration, SymVerse Labs’ technology will integrate blockchain records and incentive reward systems into Net-Zero Walk applications.
Blockchain technology enhances transparency and credibility of climate action
Through this collaboration, the Net-Zero Walk application will implement a system that provides incentives for carbon-neutral activities based on users’ registered activity courses, commuting and travel data, etc. By recording these data on the SymVerse blockchain and preserving them as authorized data, transparency and credibility will be ensured. This will be an important opportunity for individuals to prove the value of climate action by making their small actions an official record.
Through this technology collaboration, TAFISA Korea and SymVerse Labs plan to develop Net-Zero Walk into a global web3 service that goes beyond a simple application. By incorporating blockchain technology, users worldwide will easily participate in carbon-neutral activities, and their performance will be recorded as reliable data to facilitate the transition to a Net-Zero society.
Accelerating the transition to a Net-Zero society through technical cooperation
A representative from TAFISA Korea said, “This collaboration is an important step towards moving towards a carbon-neutral society through blockchain technology.” “We plan to expand our technical cooperation with SymVerse Labs on various climate actions and campaigns,” he added.
“We believe that blockchain technology will increase the credibility of carbon-neutral activities and help individuals make small actions that can lead to big changes,” said Suhyuk Choi, CEO of SymVerse Labs.” Together with TAFISA Korea, we will develop it into a sustainable service that people worldwide can participate in.”
This collaboration is a case that presents a new paradigm for responding to the climate crisis through the convergence of blockchain and physical education. A system that records and rewards individuals’ small actions to become carbon neutral through blockchain technology is expected to contribute to making important progress in responding to the climate crisis.
