The HBAR Foundation, a philanthropic and independent subsidiary of distributed ledger firm Hedera Hashgraph, has announced the launch of the environmentally-conscious Sustainable Impact Fund (SIF), conceived to foster the development of climate-conscious solutions within the Hedera ecosystem.
The first recipient, a Welsh blockchain company called DOVU, has been granted an undisclosed portion of the $100 million treasury to pursue their open-source Guardian technology to develop publicly transparent mechanisms, such as their audit trail, to verify carbon-offsetting data.