NoviqTech (ASX:NVQ) said the completion of mainnet tokenization for a batch of recycled amines on the Hedera network, according to a Wednesday Australian bourse filing.
Each token represents 1,000 liters of product and serves as proof of sustainability, per the filing.
Voluntary carbon emissions were calculated using the platform, incorporating a range of emissions metrics and other factors.
The next stage will be to continue to scale mainnet transactions for both glycol and amines, the filing added.