The platform will also trade carbon credits originating from nature-based assets and commercial and industrial sources, established with digital Measurements, Reporting and Verification (dMRV) through Veea’s decentralized and distributed computing platform. The partnership aims to address some of the world's most pressing energy challenges by applying real-time application of contextual AI with Veea’s platform to DeepGreenX’s virtual energy grid and other initiatives such as carbon credits.
Key takeaways:
- DeepGreenX Group Inc. and Veea Inc. have announced a global partnership to roll-out a platform for accelerating the transition to global green energy.
- The platform will be supported by Veea’s cybersecure edge computing platform and will provide a Decentralized Physical Infrastructure Network (DePIN) with virtualized software development environment for developer communities.
- The platform will transform sustainable energy sources, such as hydro, wind, geothermal, Small Modular Reactors (SMRs), alternative fuels with battery storage and a virtual grid to Real-World Assets (RWA) with actionable insights and liquid financial instruments that can be traded and monetized on DeepGreenX’s global ECEx exchange.
- Carbon credits originating from nature-based assets and commercial and industrial sources will also be traded on ECEx, established with digital Measurements, Reporting and Verification (“dMRV”) through Veea’s decentralized and distributed computing platform.