3 mins read
Published Apr 2, 2025
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NoviqTech Successfully Completes Mainnet Tokenisation of Amines for Global Resource Recovery NT
Sydney, 2 April 2025 — NoviqTech (ASX: NVQ) is pleased to announce the successful completion of mainnet tokenisation for a batch of recycled amines on the Hedera network. This marks a significant milestone in Global Resource Recovery’s (GRR) sustainability journey, enabled by our Carbon Central platform.
These tokens, serving as proof of sustainability for the batch, are among the first of their kind to be minted on a blockchain, representing a pioneering step in integrating blockchain technology with sustainable resource management. The implementation included enhancements to GRR’s metering infrastructure and adjustments to the digital twin for improved process conformance.
A mainnet is the fully operational, public version of a blockchain where real transactions take place, while a testnet is its experimental counterpart used for testing without financial risk. The transition from testnet to mainnet underscores the robustness and readiness of NoviqTech’s tokenisation framework in real-world applications.
Key Highlights
Successful Mainnet Tokenisation of Amines: A batch of recycled amines has been successfully tokenised on the Hedera mainnet. Each token represents 1,000L of product and serves as proof of sustainability.
Carbon Emission Calculation: Voluntary carbon emissions were calculated using the platform, incorporating multiple emissions metrics and other factors. This validates accurate carbon tracking and transparency.
Blockchain Milestone: These tokens are among the first successful blockchain-based tokenisations for sustainable resource management, setting a pioneering precedent.
Enhanced Data: GRR’s metering systems were upgraded to capture higher-quality data and manual sources, improving the quality of future token mints.
Optimised Digital Twin: The digital twin was tailored to align with GRR’s operational processes, improving its ability to track sustainability metrics from additional sources.
End-to-End Carbon Central Implementation: The project marks the completion of Carbon Central’s full lifecycl – from source data collection to on-chain tokenisation – demonstrating successful sustainability token issuance.
Looking Ahead
Following the successful tokenisation of the first batch at GRR, the next stage will focus on scaling mainnet transactions for both glycol and amines. A fee is charged for each token produced, and these tokens will continue to serve as proof of sustainability declarations.
This transition strengthens the digital provenance of GRR’s recycled products and enhances their marketability as verified sustainable resources.
NoviqTech’s Carbon Central platform continues to set the standard for advanced sustainability tracking and tokenisation. By combining digital twins, high-quality data capture, and blockchain-based proof of sustainability, the platform helps businesses like GRR achieve transparent and monetisable environmental impact.
Freddy El Turk, CEO of NoviqTech, said:
“This successful implementation of end-to-end digital sustainability tracking showcases the power of NoviqTech’s Carbon Central platform. From metering improvements to mainnet tokenisation, our collaboration with GRR highlights our ability to deliver real-world, impactful sustainability solutions.”
Benefits for Shareholders and ESG Advocates
Strengthened ESG Positioning: GRR’s expanded use of blockchain-based sustainability tokens reinforces NoviqTech’s leadership in ESG technology.
New Revenue Streams: The minting of sustainability tokens on the mainnet introduces an additional revenue stream for Carbon Central through token production fees.
Enhanced Data Integrity: Improved metering and digital twin adjustments ensure superior data quality and compliance with sustainability standards, underpinning the reliability of each token.
NoviqTech remains committed to advancing sustainability innovation. By refining digital twin technology, scaling mainnet tokenisation, and expanding pioneering sustainability tokens, the company empowers industries to lead in ESG transparency while creating long-term stakeholder value.
Under the existing agreement, GRR uses the basic tier pricing category, with the option to upgrade to an Enterprise Plan as more projects are onboarded. A per-token fee applies as follows:
1–1,000 tokens: $0.90 AUD/token
1,001–10,000 tokens: $0.80 AUD/token
10,001–100,000 tokens: $0.60 AUD/token
100,001+ tokens: $0.50 AUD/token
Token volumes reset monthly. The subscription operates on a month-by-month basis, with either party able to terminate with 30 days’ notice. NoviqTech will provide quarterly market updates on minting volumes.
Authorised by the NoviqTech Board of Directors.
For any queries: investors@noviqtech.com
About NoviqTech
NoviqTech (ASX: NVQ) harnesses the power of artificial intelligence and distributed ledger technology to provide trusted and transparent reporting across supply chains, carbon emissions tracking, and Guarantee of Origin.
Its brands, NoviqAI and Carbon Central, deliver innovative technology solutions across global industries, from maritime to regenerative agriculture, enabling real-time emissions tracking, product authenticity validation, and operational transparency.
More at noviqtech.com
Source: ASX