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October 2, 2024
4 minute read
CarbonAi and Fiùtur are excited to announce a strategic partnership, integrating CarbonAi’s carbon monitoring and data aggregation platform with Fiùtur’s standardized data registry, verification, and distribution network. The integration of these unique platforms seamlessly links real-world operations to the global financial ecosystem, building on the emerging “Network of Networks” in global finance. The collaboration is expected to meet the need for higher integrity data and outcomes that are required to scale transition finance and environmental markets.
From Analog to Digital: A Complete Ecosystem Overhaul
The combined solution helps digitize current analog data streams and processes, enabling auditable digital data collection, the use of higher-integrity digital-first methodologies, and delivering the traceable and immutable outcomes that the market is demanding.
CarbonAi has developed a suite of software tools to measure and manage Greenhouse Gas (GHG) emissions data from real-world assets. This eliminates analog methods of data collection that once limited data availability, speed, and integrity. Meanwhile, Fiùtur provides the infrastructure for the standardization of this data and the tokenization of real-world assets for delivery into global markets. Fiùtur’s SMART Framework standardizes data across any real-world project, agnostic of industry or sector, and enables compatibility and traceability across its partner ecosystem by assigning SMART IDs to data elements. This allows for seamless connectivity to the financial ecosystem.
Expanding Industry Applications with the Power of Networks
At the heart of this integration is the power of networks—enabling interoperability across diverse systems and sectors. CarbonAi’s solutions—Proof, View, Field, and IMPaCT—are now interconnected with Fiùtur’s advanced interoperable network to create the digital conduit between physical assets and emerging market ecosystems such as Xpansiv Connect (centralized management of asset registries) and the Canton network (capital markets interconnected on blockchain technology). The result is a transformative alliance that bridges two once-isolated worlds—real-world operations and financial markets—creating an unprecedented synergy poised to reshape entire industries.
Customer and Partner Testimonials
Fiùtur and CarbonAi partnered to provide a robust and powerful technology solution for Zefiro Methane Corp., an environmental services company, focusing on methane abatement by plugging abandoned oil wells. In a recent press release, Zefiro stated: “(The solution) creates a ‘digital lineage’ between real-world data collection in its field operations, including wellhead-level leak readings and transparent quantification of emissions removal data from completed projects to support the issuance and delivery of transferable claims, including offsets, insets, and data products, via institutional-level distribution channels enabled by Fiùtur. By collecting this data digitally, Zefiro will also be able to perform advanced analytics to target leaking wells, and reduce operational costs as well as cycle time.” Read more.
“The integration of CarbonAi and Fiùtur demonstrates the true power of interconnected systems,” said Joe Madden, CEO & Founder of Fiùtur. “By building a robust Network of Networks, we are delivering an operating system for transition finance—one that enables customers to build on top, and scale any solution to unlock access to capital.”
A New Era for the Industry Powered by Networks
“This partnership marks a transformative leap for companies navigating the low-carbon transition, empowered by the strength of connected networks. By uniting our platforms, we are offering businesses essential tools to monitor, manage, and mitigate transition risks while staying compliant with global standards,” said Ryan Arsenault, CEO & Founder of CarbonAi.
About CarbonAi
CarbonAi provides cutting-edge software and tools that enhance the integrity and auditability of GHG data. Our suite includes best-in-class solutions for first-mile auditable data collection (Field and Field+), dynamic monitoring and reporting (Proof), comprehensive portfolio management (View), clean cooking initiatives (Spark), and integrated methane performance and compliance tracking (IMPaCT). Industry leaders worldwide use these tools to develop high-integrity GHG reduction projects, track emissions performance, and manage portfolios.
About Fiùtur
Fiùtur combines technology and governance in an open architecture, allowing participants in the transition economy to design, configure, produce, distribute, and consume critical transition information in a standardized format. The Fiùtur ecosystem incorporates financial institutions, proprietary and public data sources, insurers, technical firms, certification bodies, project developers, environmental-commodity registries, and a myriad of others.