ZETA CEO Jan Haizmann recently shared valuable insights with Zawya on how blockchain technology could accelerate the growth of cross-border trade in new energy commodities and carbon certificates across the MENA region.
🔹 The Importance of Markets and Trust
Haizmann stressed that thriving markets are essential for renewable energy and low-carbon commodities. However, the region currently faces gaps in trust and standardization.
🔹 Blockchain as a Trust Enabler
Blockchain can provide a transparent audit trail, crucial in regions lacking a unified regulatory authority to build trust among market participants.
🔹 Speed and Scalability Challenges
While early blockchain solutions were often too slow for large-scale trading, new innovations such as stablecoins show promise in addressing these issues.
🔹 ZETA’s Blockchain Pilot Project
ZETA is actively exploring a pilot for a blockchain-powered certificate registry in the GCC, working alongside the Kaspa Industrial Initiative to bring this vision closer to reality.
At ZETA, we believe that strong regional markets supported by cutting-edge technology are vital to creating a secure, transparent, and competitive energy future for the MENA region.
Read the full article here 👉 https://www.zawya.com/en/projects/utilities/insight-blockchain-can-jumpstart-regional-trade-of-new-energy-commodities-v6okksru