SINGAPORE, Dec. 3, 2021 /PRNewswire/ — Dr Bo Bai, Executive Chairman of Cyberdyne Tech Exchange (CTX), a leading green digital asset marketplace and the first exchange to mandate carbon disclosure for both issuers and investors through its carbon neutrality blockchain platform, has been recognised by the Singapore Association of Trade and Commerce at the Entrepreneur 100 Awards this year.
The Entrepreneur 100 Award celebrates Singapore’s business leaders that have inspired and guided their businesses to deliver growth and innovation, acknowledging their corporate achievements and contributions to the industry, community and nation.
2021 has seen a few milestones for CTX with the launch of its proprietary Carbon Neutrality Token (CNT) earlier this year, which has revolutionised the voluntary emission reductions (VERs) market by allowing access to high-quality, authenticated carbon credits – safe in the knowledge that the underlying projects are directly contributing to localised carbon reduction and are not sold on multiple occasions thanks to unique identifiers monitored within CTX’s distributed ledger.
The company has also recently signed an agreement with BSI China (a company of the British Standards Institution Group) to implement carbon neutralisation and green financing standards on the Singapore-based exchange. The agreement includes BSI carrying out the carbon footprint verification and certification for listings on CTX’s platform, as well as the promotion and implementation of green finance standards.
All these support the Green Finance Action Plan of the Singapore Green Plan 2030 and the ultimate goal of net-zero by 2050, while CTX continues to leverage innovation and technology to enable organisations of all sizes to enhance their sustainability goals.
Commenting on the accolade, Dr Bo Bai said:
"I am honoured to have been named at this year’s Entrepreneur 100 Awards. Since my university days, I have been committed to making a difference in the planet we’re living on, engineering solutions that can be implemented locally and adopted globally in an attempt to undo the damage we have caused to the environment and our local communities.
I would also like to thank the team at CTX, who have dedicated their time and energy to developing green finance solutions. Having the recognition of the Singapore Association of Trade and Commerce is reassurance that we are heading in the right direction."
CTX is licensed by the Monetary Authority of Singapore, meaning investors can be assured of the systems and stability of the exchange. It uses NASDAQ’s advanced trading and surveillance technology, ensuring that its asset-backed tokens hosted on the exchange benefit from the open architecture you would expect from other leading investment exchanges – bringing transparency to price discovery and fairness for all parties.
About Cyberdyne Tech Exchange (CTX)
Cyberdyne Tech Exchange (CTX) is a leading green digital asset marketplace and the first exchange to mandate carbon disclosure for both issuers and investors through its carbon neutrality blockchain platform.
Led by Executive Chairman Dr Bo Bai, supported by a strong management team, and backed by the Asia Green Fund, CTX’s purpose is to measure, scale and enable carbon neutrality. Its proprietary Carbon Neutrality Token (CNT) allows access to quality, authenticated offsets – safe in the knowledge that the underlying schemes are directly contributing to localised carbon offsetting and are not sold on multiple occasions thanks to unique identifiers within CTX’s distributed ledger. This tradable token is critical to achieving the Paris Climate Agreement. Not only is the token making an impact today, but it is also supporting the ultimate goal of net-zero by 2050 by revolutionising the Voluntary Emission Reductions (VERs) market in a substantive and credible manner.
The company boasts a full-service infrastructure for a future tokenised economy, leveraging distributed ledger technologies to unlock the value of illiquid assets. Its sustainable real-world asset-backed tokens will enable fractionated ownership of green infrastructure assets, real estate and artworks in a secure, verifiable, and monitored way. With cryptocurrencies gaining momentum, CTX’s BTC and ETH trading solution enables holders to fully offset the carbon impact of their portfolios without losing overall value as CTX can quantify the carbon emissions history of the traded assets.
CTX’s comprehensive approach to assessing the carbon footprint of assets creates certainty for all exchange participants. They can be confident of the independence of the rating and the integrity of the asset, accelerating the shift towards net zero.
CTX is licensed by the Monetary Authority of Singapore, meaning investors can be assured of the systems and stability of the exchange. It uses NASDAQ’s advanced trading and surveillance technology, ensuring that its asset-backed token solutions hosted on the CTX exchange benefit from the open architecture you would expect from other leading investment exchanges – bringing transparency to price discovery and fairness for all parties.
CTX – the exchange that makes a sustainable and greener future possible.
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