Hong Kong Stock Exchange Seeks Blockchain Solution for Carbon Credit Tracking

The Hong Kong Stock Exchange Group is exploring the use of blockchain technology to boost transparency and efficiency in carbon credit tracking, according to Odaily reports. Zhou Guanying, Chief Sustainability Officer at the exchange group, believes that implementing these new technologies can address current challenges within the carbon market. This interest extends to leveraging blockchain and similar solutions to facilitate cross-border transactions and tackle existing issues in this sector.