Core Viewpoint - China Carbon Neutral (01372) has successfully completed the technical testing of its Carbon Coin, which is pegged to 1 kilogram of carbon credit, utilizing blockchain and smart contract technology to enhance the efficiency, transparency, and automation of carbon credit trading [1][2] Group 1: Carbon Coin and Technology - Carbon Coin is a carbon credit-backed stablecoin that aims to create a unified tokenized carbon ecosystem, facilitating the seamless transfer of carbon credits between buyers and sellers [1] - The application system includes carbon accounts, carbon reduction projects, and lifecycle management systems for carbon credits, enhancing the compatibility and functionality of carbon asset trading [1] - The technology is expected to improve information and price transparency, ultimately increasing market liquidity [1] Group 2: Global Carbon Market Challenges - The global carbon market faces challenges such as reduced efficiency, lack of standardization, insufficient transparency, and market fragmentation [1] - A tokenized carbon ecosystem can address these issues, supporting the development of global carbon trading [1] Group 3: Stablecoin Impact on Cross-Border Payments - Stablecoins can significantly enhance cross-border payment efficiency, reducing costs to one-tenth of traditional systems and achieving transaction speeds in seconds [2] - It is projected that by 2024, 10% of global cross-border payments will be completed using stablecoins [2] Group 4: Strategic Implications for the Company - The successful testing of Carbon Coin and the carbon credit anchoring protocol is expected to improve the quality tracking and transparency of carbon reduction projects, benefiting carbon market service providers [2] - The company believes that participation in digital technology will lead to sustainable business growth and financial returns, laying a solid foundation for further business expansion and enhancing overall shareholder interests [2]
中国碳中和：碳信用稳定币协议完成测试