CO2X Pte Ltd (“CO2X”) signed a Memorandum of Understanding with key industry and association leaders from the Transport and Logistics, and Finance sectors. Powering the ESG Registry of the Monetary Authority of Singapore’s Project Greenprint, ESGpedia aims to improve sustainability data quality to support more effective sustainable finance. ESGpedia aggregates, records, and maintains the provenance of holistic and forward-looking ESG certifications and data of companies across various sectors and global verified sources on a single registry. Our smart contract platform brings digitalisation and automation for the financial sector, unlocking value via automated concurrent processing, real-time perpetual reconciliation, and effective multi-asset lifecycle management.

Currently, STACS supports recursive unpacking of tarballs, gzips, bzips, zips, and xz files. As STACS works on detected file types, rather than the filename, propriatary file formats based on these types are automatically supported . STACS provides developers the ability to automatically check for accidental inclusion of static credentials and key material in their releases. As STACS works on detected file types, rather than the filename, proprietary file formats based on these types are automatically supported . Currently, STACS supports recursive unpacking of tarballs, gzips, bzips, zips, 7z, iso, rpm and xz files. STACS announced today that it has become a portfolio company of PwC Singapore’s Venture Hub programme.

A list of the top STACS markets across all crypto exchanges based on the highest 24h trading volume, with their current price. This provides astacscommand which can then be used by developers to scan projects directly in their local development environments. Hashstacs entered a journey to develop blockchain technologies, focusing on helping enterprise integrate blockchain within their businesses. Consequently, the group aims to develop and close the gap stacs token between the budding blockchain ecosystem with traditional financial systems. The STACS Network was creatively designed to contribute to the capital markets through the Distributed Ledger Technology . STACS’ key updates from the festival, including showcases that features collaborations of clients and partners from leading global financial firms all over the world, and finally our astounding win at the MAS Global FinTech Innovation Challenge Awards 2020.

We making a forecast of future prices for huge amounts of digital coins like STACS Token with technical analysis methods. Our primary focus revolves around the latest tools released in the Infosec community and provide a platform for developers to showcase their skillset and current projects. In such unprecedented times and in the midst of disruptive transformation currently shaping the entire financial service industry, financial market infrastructure will not stay immune for much longer. In light of the GameStop and AMC fiasco, legacy infrastructure was shoved into the limelight once again. STACS shares with The Digital Banker on the impact of such infrastructure and discusses alternatives.

Read on to see how STACS’s platform, ESGpedia, helps to greenify this process and enable ESG finance. Participating in this MAS funded initiative was an exciting experience for EFG and our team members. This is in line with our efforts to change the speed and scope of digitalisation in our business. Working with STACS has been very smooth and seamless, and we certainly managed to learn from each other. The project is innovative, demonstrates significant efficiency gains and can be extended to other asset classes in the future. At CWT, we embed ESG and technology in the company to optimise operating and cost efficiency, reduce carbon footprint and create a great workplace culture while ensuring effective corporate governance.

This allows for an ignore list to include other ignore lists which enable composition of a “tree of ignores” based on organisational guidelines. These projects will include the development of a trading platform that can support tokenised securities as well as traditional assets. Another project will involve a bond solution with lowered cost of debt capital markets origination. STACS is one of seven startups globally to be admitted into the programme, and one of two within Singapore. Amongst the seven companies selected, STACS spearheads ESG fintech by enabling enhanced ESG finance and high quality carbon credits. Together with Mastercard, STACS will seek to expand and accelerate innovation around digital asset technology and make it safer and easier for institutions to adopt blockchain technology.

Partnering with STACS on this platform will allow CSOP to address the huge fragmentation across the entire industry, where different banks and brokers have developed their own set of varying practices along the entire trade matching and settlement process. With STACS, we hope to reduce these cumbersome and risky processes whilst achieving data transparency and security. In addition, we will be able to collaborate with our partners to build dynamic ecosystems, better operational intelligence, analytics, and audit readiness. This would enable asset managers to channel their efforts towards truly high value-adding activities instead of manual workload, as well as to equip and familiarise themselves with new technologies for a more digital future. Registry platform aims to tackle this head on by creating a trusted centralised data repository for banks and investors to track a company’s progress measured against a standardised set of sustainability metrics.

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In celebration of the upcoming sixth anniversary of enterprise blockchain, STACS hosted a global industry panel with The ValueExchange on 7 July, with esteemed speakers from the Singapore FinTech Association, and the Union Bank of the Philippines. As a partner of Summation Programme by SGInnovate and aligned with our commitment to support Deep Tech literacy in Blockchain, we seek to build strong talents in the industry. End August, Green and Sustainable finance investments, banking, and fintech were some of the important https://cryptolisting.org/ themes that brought together a distinguished panel of speakers alongside our own Co-founder & Managing Director, Benjamin Soh. Everywhere, businesses of all sizes – from neighbourhood mom-and-pop shops to large corporates like BlackRock – are recognising the significance of sustainability as a core consideration for long-term economic success. STACS’ ESGpedia ensures the integrity of the RECs traded, enhancing trust and adoption amongst market participants, accelerating the country’s carbon neutrality goal.

Why data remains the biggest ESG investing challenge for asset managers

These findings represent potential credentials inside of a file, and are reported on for a developer to remediate or “ignore”. Aviva Singlife is pleased to be the first insurer to work with CO2X to utilize their Blockchain technology to underwrite and find green insurance solutions for the Transport and Logistics sector. Customers can leverage the platform to track their carbon footprint for benchmarking, devise fuel reduction strategies, reduce fuel costs and reduce emissions. By analysing the data collected, Aviva Singlife will be able to better assess and provide reduced insurance premiums for logistics operators. The case for going green today is becoming clearer for businesses across all industries and regions, but for real change to take place, SMEs need to have practical ways to measure and monitor their carbon footprint. We at OCBC are happy to partner with CO2X as it sets out to address this gap across a broad range of industries.

  • The POC conducted in partnership with STACS presents an opportunity to provide a valuable learning experience to build knowledge and obtain insights that will allow us to grow the bond marketplace.
  • Large corporates were fined million of dollars last year due to ESG misstatements investigated by the US Securities and Exchange Commission.
  • There is no recent price data for this coin, because we don’t see trading activity currently.
  • A pilot phase of the cooperation is underway, where Manulife Investment Management seeks to pilot innovative investment monitoring techniques for sustainable investments.

These are key values that ensure we remain responsible for our efforts to develop a vibrant and attractive marketplace. The Exchange closely follows current trends in innovation and new technologies with a view to remaining relevant in this competitive landscape. One of the ways to achieve this is through collaborations with innovative companies.

With companies communicating more clearly their environmental, social and economic impact, banks, including UOB, will be able to have more meaningful conversations with them and through financing, support them in global, regional and sectoral transitions. To bring ESG features into regulated distributed ledger technology and smart contract-based products and solutions in Singapore and across the APAC region. Like the other microservices , this microservice is a private resource, meaning that users will require an access token from Cognito to have access to it. As an example, STACS can be used to find static credentials in Docker images uploaded to public and private container registries.

Read our 2023 ESG Finance outlook on how every sector needs to step up their green efforts this year, or fear losing competitiveness and being left behind. Real estate companies are set to face reduced funding opportunities if they don’t comply with sustainable practices, as financiers are increasingly favouring sustainable green buildings. On the other hand, Singapore is on track to becoming the greenest city by 2030, and is set to achieve 80% of green buildings by 2030. Learn more about green building certifications and regulations, as well as how technology can empower Corporates, SMEs, and Financial Institutions to jointly attain sustainable real estate. Large corporates were fined million of dollars last year due to ESG misstatements investigated by the US Securities and Exchange Commission.

Predictions: Singapore’s $40 trillion Green Fintech hub ESG opportunity

These rules can be as coarse as ignoring all files based on a pattern, or as granular as a specific finding on a particular line of a file. In order to allow flexible and collaborative usage, STACS supports composable ignore lists. This allows for an ignore list to include other ignore lists which enable the composition of a “tree of ignores” based on organisational guidelines.

As the global economy emerges from battling the Covid-19 pandemic, governments and businesses are shifting gears to be more environmentally responsible. This transition to decarbonisation will also reconfigure the way global supply chains are organised and executed. Logistics service providers therefore have to stay up-to-date on climate policies and develop capabilities to comply with new sustainability measurements and emission reduction. As such, the Singapore Logistics Association has started a series of events to help our members keep abreast of sustainability trends, best practices and policies, with the aim of capturing business opportunities with greener logistics solutions and new innovations. One such example is the CO2X platform, that demonstrates how digital technologies will be able to help track and manage carbon emissions in the very near future. CDAS is proud to be supporting Singapore’s Green Plan roadmap to reduce carbon emissions in the industry, and will support efforts to reduce its carbon footprint through automation, digitalisation, smart technology, as well as exploration of alternative fuels.

For the city-state to position itself as a leading global green fintech hub in Asia and beyond, we believe there are three key priorities it must not lose sight of. Razer customers globally will be empowered to engage in conscious choices and participate in carbon offsets, through its newly-launched Restorify service. The partnership is powered by STACS’ Carbonpal platform, which is a carbon credits digital management platform that facilitates the fractionalisation of carbon credits for purchase by end consumers. With innovation at the forefront of our strategy, it is important to us to actively contribute to, and participate in the future of capital markets from a post-trade servicing perspective.

Static Token And Credential Scanner

STACS appoints new leadership role, Sharon Yuen as the new Chief Commercial Officer, who will be steering the firm’s business development and sales efforts. STACS and Everimpact headquartered in France today announced their partnership to provide banks and corporates involved in the carbon market with greater transparency and trust. We built the solution with long-term partner Eastspring and Singapore fintech STACS, using an agile co-creation approach, leveraging the expertise of the BNP Paribas Design Factory in Singapore.

Singlife will leverage CO2X’s data tracking and analytics capabilities to publish policyholders’ sustainability reports on ESGpedia, which tracks data including fuel consumption, carbon emissions, and carbon intensity. Using this information obtained with consent from insurance policyholders, Singlife will be able to efficiently develop and better structure new motor insurance policies by accurately assessing and monitoring environmental impact and costs. The cooperation centres around the usage of STACS’ ESGpedia digital registry, which powers the ESG Registry of the Monetary Authority of Singapore’s (‘MAS’) Project Greenprint. A pilot phase of the cooperation is underway, where Manulife Investment Management seeks to pilot innovative investment monitoring techniques for sustainable investments.

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It also addresses one of the Monetary Authority of Singapore’s ambitions to promote collaboration between local fintech firms and large corporates with a view to positioning Singapore as a regional digital hub. UOB’s approach to sustainability is to simplify the adoption of sustainability practices for business. The tools and tracking systems that CO2X offers can help fleet operators reduce their carbon emissions. This collaboration enhances UOB’s capabilities and provides our customers with an integrated end-to-end approach as they embark on their sustainability journey and grow responsibly while reaping the long-term benefits of going green.

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ESG Registry, which is sure to drive the growth of sustainable finance, both in Singapore and globally. Connect corporates with our robust ecosystem of financial institution partners to chart your own sustainability journey – achieve greater ESG capabilities and attain ESG financial services. As per the aforementioned requirement we require fine grained access control on a per user basis, and it wasn’t sufficient to just rely on scopes or claims in the access tokens. Instead, we wanted to keep an up-to-date record of various users and their entitlements. This provides a stacs command which can then be used by developers to scan projects directly in their local development environments.

STACS — Live on MoneyFM 89.3 Prime Time, Eco Money with Host Rachel Kelly — How can blockchain benefit sustainable finance?

Additionally, banks, stock exchanges, broker-dealers, and funds are encouraged to join as Verified Partners to gain access to immense cost savings and new revenue streams. The growing ecosystem is designed as a global venture that will provide advantages to both investors and issuers. Among big players within Blockchain and Finance areas, the industry has given birth to yet another potentially competitive, nimble tech company. Through Hashstacs Pte Ltd, the venture had developed a protocol known as Securities Trading Asset Classification Settlements Network.