Evercity, a platform for green finance and carbon origination, is headquartered in Berlin, Germany. It was also involved in the construction and maintenance of an open-source protocol that could be maintained for financial problems. Presently, it has successfully positioned itself on the Hedera network in order to be able to efficiently and advantageously utilize the network, for the production of newly developed instruments and tools, in relation to the green debt and carbon-related markets.
As a consequence, the structure for Hedera will be utilized to expedite the procedure for all development-related matters. This will also coincide with making sustainable financing more accessible to subject matter experts (SMEs) virtually anywhere in the world.
Evercity’s Software as a Service (SaaS) platform streamlines the process of obtaining sustainable funding, making it more affordable and transparent than conventional debt financing. It does this by lowering the potential for “green-washing” and bridging the gap between green assets and crypto-investors through the use of a distributed ledger and monitoring tools.
Evercity also develops an open-source protocol for sustainable finance that acts as a worldwide infrastructure for the common good and enables the issuing of green and sustainability-linked debt products.
In addition to its long-term dedication to sustainability, carbon-negative footprint, and low transaction fees, the Hedera network is also notable for its infrastructure development for the issuing of ESG assets.