mCloudTech launches Blockchain, AI sustainability solution in Saudi Arabia

mCloudTech launches Blockchain, AI sustainability solution in Saudi Arabia

United States based, mCloudTech.ai Corp. (“mCloudTech.ai”), a provider of Web3 AI-enabled cloud applications optimizing the performance, reliability, and sustainability of energy-intensive assets has launched its Web3 Blockchain, AI, asset performance management platform on Google Cloud in 2025 in Saudi Arabia to track carbon emissions.

mCloudTech.ai, a MISA registered company in the Kingdom of Saudi Arabia is a key partner to deliver a decentralized experience that will empower the Kingdom of Saudi Arabia to lead the way in effectively reducing carbon emissions by leveraging cloud solutions. mCloud plays a critical role in this vision, delivering exclusive digital sustainability applications built on Google Cloud.

This announcement marks a turning point in decarbonization efforts, positioning Saudi Arabia, mCloudTech.ai, and Google Cloud as leaders at the intersection of technology and sustainability.

AssetCare will integrate Web3 with blockchain and AI capabilities from Google Cloud to deliver a unified platform for carbon emissions tracking and digital measurement, reporting, and verification (DMRV). The solution enables full lifecycle management for carbon credits, from issuance to trading to retirement, ensuring transparency and accountability in decarbonization efforts. These innovations position AssetCare as the platform of choice for organizations on the path to net zero through asset performance optimization.

AssetCare’s Web3 capabilities will debut in Saudi Arabia, leveraging the Kingdom’s robust hyperscale infrastructure, data sovereign policies, and advanced AI ecosystem enabled by Google Cloud. Saudi Arabia, one of the largest global energy markets, provides an ideal launchpad for decarbonization and carbon trading activities. mCloudTech.ai and Google Cloud plan to expand globally, targeting energy-intensive economies with state-owned or national energy companies.

Russ McMeekin, mCloudTech.ai Co-Founder, President, and CEO said, “With mCloudTech.ai’s inception and our partnership with Google Cloud in the Kingdom of Saudi Arabia, AssetCare’s Web3 capabilities will be an excellent showcase of the Kingdom’s digital leadership. Saudi Arabia’s hyperscale compute, data sovereignty policies, and advanced AI capabilities enabled by Google Cloud underscore the Kingdom’s pivotal role in driving digital sustainability around the world. We are honored to contribute to Saudi Arabia’s success alongside organizations such as Aramco and their sustainability ambitions with the unparalleled capabilities of Google Cloud’s AI, LLM, and blockchain capabilities.”

Bader Almadi, Google Cloud Country Manager for Saudi Arabia added, “Today, mCloud provides valuable services that help global customers across industries improve their sustainability and streamline their operations. Now, these new capabilities in mCloud’s AssetCare platform, built on Google Cloud, can help customers even further track carbon emissions, streamline reporting, and manage carbon credits.”

In January 2025, mCloudTech signed a Memorandum of Understanding (“MOU”) with Aramco. The MOU sees mCloud joining forces with Aramco to explore the co-development of a digital technology hub for delivering ESG solutions in the Kingdom of Saudi Arabia.

Another tokenization platform enters UAE, New Earth is in RAK

Another tokenization platform enters UAE, New Earth is in RAK

After last week’s swirl of tokenization news across the UAE, New Earth Labs has established their company in RAK Digital Assets Oasis. in the UAE. As per their announcement, this step is an important part of their mission to blend sustainability with blockchain innovation.

New Earth Labs has a mission to empower industries to raise capital and mobilize resources for climate smart infrastructure projects. Using tokenization of Real World Asset, the company wants to create wealth through fractional ownership. Their platform brings opportunities in the agriculture, renewable energy, and entertainment among other industries.

Additionally in terms of technology, their platform is powered by NewR Protocol which creates treasuries, facilitates seamless value transfer, and implements governance for communities around tokenized assets.

The UAE is witnessing an influx when it comes to tokenization platforms. Last week TokinVest received its license from VARA, and one of the biggest conglomerates in the UAE, DAMAC signed a $1 billion tokenization project with Mantra Blockchain.

Further more, Hamilton just raised $1.7 million for their tokenization platform.

The tokenization of real-world assets (RWAs) is set to reach unprecedented heights in 2025, with predictions suggesting that the market could surpass $500 billion, excluding stablecoins. Real estate alone provides over $30 billion in value, demonstrating savings through tokenizing HELOCs, alternative financing, collateralized loans, on-chain title, funds, and more.

Mckinsey report that $2 trillion of tokenized securities by 2030.

On January 21st 2025, Fasanara Capital Ltd (“Fasanara”), a London-based institutional investment manager and global leader in digital finance with over $4 billion in assets under management, launched its first tokenized Money Market Fund, the “Fasanara MMF Token” (“FAST”), held on the Polygon PoS (Proof of Stake) public blockchain. Developed in collaboration with Apex Group, Tokeny, Chainlink, Fireblocks, and XBTO, FAST offers investors a faster, more cost-effective, and transparent way to access money market investments.

Manbat and Sharjah Commerce and Tourism to build blockchain platform for carbon credits

Manbat and Sharjah Commerce and Tourism to build blockchain platform for carbon credits

Founded in 2021, Manbat, a partnership between Arada and the Ministry of Climate Change and Environment that aims to celebrate and promote the very best of the UAE’s healthy, home-grown produce will be using blockchain to develop UAE’s first carbon credit system in the agriculture sector.

Manbat launched the farmers’ markets in Aljada which takes place every weekend. Today it has partnered with Sharjah Tourism, paving the way for a stronger connection between local Emirati farmers and the wider community.

As per the announcement, this collaboration focuses on championing sustainability by addressing food waste recovery and reducing carbon emissions within the tourism sector.

As per their post on LinkedIn, “We are proud to be part of a game-changing initiative alongside Sharjah Commerce and Tourism Development Authority, Sea Going Green, and American University of Sharjah. Together, we are taking sustainability to new heights with a focus on food waste recovery, compost production, and empowering UAE farmers to embrace ecofriendly practices. This project uses cutting-edge blockchain technology to develop the UAE’s first carbon credit system, creating a sustainable future for generations to come.”

The first phase of the project will be carried out a Sara Farm, which utilizes decomposition and recycling methods.

In 2023 Blockchain tokenization platform ACX (AirCarbon Exchange) went live with key trades executed and settled on the platform with First Abu Dhabi Bank (FAB) and Helix Climate conduct first trade on the exchange and South Pole executes first over-the-counter transaction on Carbon Market Board

Powered by Blockchain and AI UAE G4Green marketplace is live

Powered by Blockchain and AI UAE G4Green marketplace is live

ImpactGulf, the creators of G4Green.com enterprise solution, UAE-based sustainability technology solutions provider, have announced that Blockchain and AI G4Green sustainable marketplace is now live.

As per the press release, the G4Green Marketplace is a comprehensive sustainability platform that enables green performers to showcase their achievements, and green innovators to promote their products and services. It also allows consumers and businesses to search for green products, services, partners and suppliers. The platform is complemented by a number of unique features to enhance user experience, sharing of ideas and collaboration. This includes a Green Blog where member companies can share news and information on sustainability, including global insights, company news, business requests, opportunities and event announcements.

“Large companies struggle to collect ESG data from their suppliers, whose sustainability performance reflects directly on the companies’ reputation. Meanwhile, the wider business community is overwhelmed by the complexity and breadth of sustainability issues and struggles to find sustainable partners or green products and services,” said Yassin Nasri, CEO and founder of ImpactGulf. “G4Green solves this problem by enabling any company, regardless of size, to progressively obtain sustainability information, receive guidance on building a sustainability profile, and share their green performance and innovations with partners, customers and the world.”

By inviting their corporate network to join G4Green Marketplace, large organisations, government agencies and global institutions can map the ESG performance of their suppliers and rally their entire corporate network around ethical principles. They can collectively onboard them, monitor and drive their sustainability performance and implement incentive tools to accelerate their ESG journey. Initially, the marketplace will be free to all registered companies in the UAE, with plans to expand globally next year.

Commenting on the platform, Nasri said: “G4Green represents a significant milestone in our ongoing commitment to drive positive environmental change and build capacity in the sustainability space. By providing organisations with the tools and resources to streamline their sustainability efforts, we aim to catalyse a broader shift towards greener business practices. Building and operating a sustainable business is not possible without the engagement of the wider business community.”

“Although the platform is free to use, we are pleased to offer significant and permanent discounts on premium membership to all UAE-based companies registered in sustainability free zones such as Masdar City or Expo City Dubai, or members of sustainability initiatives such as the Climate-Responsible Companies Pledge, the Global Compact Network or the SME Climate Hub,” added Nasri.

Vytautas Sabaliauskas, CTO at ImpactGulf, added, “The platform’s sustainability capabilities are powered by advanced technologies, including AI-driven data analytics and blockchain-enabled traceability, to ensure the integrity and reliability of sustainability initiatives. The platform also uses AI to detect false sustainability claims, helping companies avoid greenwashing by scanning social media posts for sustainability claim violations before they are posted.”

ImpactGulf is the host of the 14th National Dialogue for Climate Ambition (NDCA), and a signatory to the UAE Climate-Responsible Companies Pledge. It is also a participant in the United Nations Global Compact, and an officially recognised member of the Greentech Alliance. ImpactGulf was selected by Shell Middle East and StartUpbootcamp for the Shell StartUp Engine UAE 2022.

Digital asset platforms Fuze and Fils in UAE to embed sustainability in all crypto transactions

Digital asset platforms Fuze and Fils in UAE to embed sustainability in all crypto transactions

Fuze, a digital assets infrastructure provider in MENA, and Fils, an enterprise-grade digital infrastructure platform dedicated to embedding sustainability into every transaction, have partnered to launch the first-of-its-kind sustainable digital asset solution in the Middle East, Africa, and Turkey.

This collaboration will integrate blockchain-powered solutions through Fils’ use of the Layer-1 blockchain, ensuring transparency, traceability, and trust in every transaction, creating a seamless way for customers to measure and offset the carbon footprint of their digital asset purchases, supporting regional institutions and fintechs in meeting sustainability goals while navigating the growing demand for digital assets, and to lead in sustainability by aligning with global ESG goals.

The importance of this initiative is also underscored by the UAE’s rapidly growing digital assets market, which is projected to generate $453 million in revenue by the end of 2024, with further growth expected to surpass $616 million by 2028.


Nameer Khan, Founder and CEO of Fils, commented, “Our partnership with Fuze represents a milestone for both fintech and sustainability in the region. By embedding climate action directly into the digital assets ecosystem and leveraging the power of our blockchain technology, we’re providing the most comprehensive and first-of-its-kind solution that not only meets but exceeds global ESG expectations. This partnership underlines the growing importance of aligning financial innovation with environmental responsibility. Together, we are building the rails for a future where every transaction contributes to a greener planet, demonstrating how fintech can lead the charge in achieving net-zero goals.”
Mohammed Ali Yusuf (Mo Ali Yusuf), Co-Founder and CEO of Fuze, added, “Our partnership with Fils underscores Fuze’s commitment to innovation and responsibility. As digital assets become a mainstay for financial institutions, embedding sustainability in these transactions is essential for long-term growth and environmental stewardship. Together with Fils, we’re setting a new standard for green finance in the region.”
The partnership includes the following initiatives, providing real-time data on the environmental impact of digital asset transactions, empowering customers to make informed decisions, enabling customers to offset the carbon footprint of their transactions seamlessly, fostering climate-positive actions and helping banks and fintechs across the region adopt sustainable practices, aligning with global ESG (Environmental, Social, Governance) standards.

The collaboration between Fuze and Fils reflects a shared vision for responsible innovation. By integrating sustainability into digital assets, the partnership supports businesses in achieving both financial and environmental goals, paving the way for a greener economy.
funds, and HNIs (high-net-worth individuals) in executing large digital asset trades securely and efficiently. Fuze also offers crypto payment solutions, facilitating global, real-time, multi-currency transactions for businesses.

American University of Sharjah Blockchain sustainable marketplace wins first place at ICESCO

American University of Sharjah Blockchain sustainable marketplace wins first place at ICESCO

A blockchain sustainable marketplace concept developed by students from American University of Sharjah (AUS) won first place at the Islamic World Educational, Scientific and Cultural Organization’s (ICESCO) Youth Climate Leaders Camp – Arab Chapter held at Sharjah Research Technology and Innovation Park recently. Called Thimmar, this innovative platform connects consumers with farming communities and offers AI-optimized grocery subscriptions to cut food waste and connect. It will debut in the ICESCO Pavilion in COP29 in Azerbaijan this month. 

Thimaar, which aligns with two key areas of the UAE Year of Sustainability 2024—responsible consumption and planting wisely—brings this year’s slogan, “Plan to Action,” to life. It also contributes to the United Nations Sustainable Development Goals: No Hunger, Good Health and Well-being, Sustainable Cities and Communities, Responsible Consumption and Production, Climate Action, and Partnerships for the Goals.

“Our motto is reach, relive and reward. Through the platform, AI-calculated portions will help our customers to minimize food waste. They will also virtually connect with the farmers who grow their food, experiencing organic farming from home while also supporting the organic agriculture industry through micro-financing,” said Izma Fatima, an AUS international studies student who presented the concept on behalf of her team. “Additionally, customers receive loyalty points and gifts with organic and food waste collection. Waste is repurposed to benefit local organic farming communities in Sharjah, in alignment with the UAE’s efforts to reduce waste by 50 percent by 2030.”

By embracing a circular economy model, Fatima noted that Thimaar achieves three key goals: “making organic and sustainably produced products accessible, promoting a culture of organic farming, and minimizing food waste.”

Emphasizing a bottom-up approach that fosters healthy consumer habits, rather than flooding the market with sustainable products that have low demand, the team—comprising seven female students from Oman, Qatar, Sudan and the UAE—focused on female homemakers in the region as their target.

“Women are responsible for making the primary household consumption decisions and are seeking healthy, sustainable options for their families. However, they often face barriers to organic farming, including opposing trends, limited availability and accessibility, and a lack of time and resources. The organic food market in the UAE is projected to reach $500 million by 2025, with female homemakers representing about 10 percent of that market. For Thimaar, this equates to a target market of approximately $50 million. By tapping into this market, the platform not only aligns with the UAE’s sustainability initiatives but also offers a scalable solution that meets the growing demand for healthy, sustainable food options,” said Fatima.

Proposed key partners for the platform would include organic farms and markets, sustainability-focused brands and local governments.

Developing Thimaar followed a thorough process of study that included field visits and discussions with ICESCO, Sheraa, Shajar and Manbat, who provided the student team with access to networks and contacts to leverage support for the initiative.

“We visited Manbat and Shajar, two projects in Sharjah, that explore cultivation practices to maximize organic production through sustainable methods in this region. Facilitating these ideas was a central focus of our project proposal. We also had the pleasure of learning from professors from leading universities across the UAE specializing in economics, sustainable engineering, environmental philosophy, and environmental, social and governance experts, about the popular trends and technologies that focus on the climate challenges unique to the region,” said Fatima.  

Having designed and presented the elevator pitch for the final project, Fatima highlighted how the multidisciplinary education she received at AUS contributed to her ability to approach the project from diverse perspectives.

Greengage to promote green digital assets sector with e-money solutions

Greengage to promote green digital assets sector with e-money solutions

Hub71 startup, Greengage, a blockchain enabled digital finance pioneer serving entrepreneurs, SMEs, family offices and digital asset firms with e-money solutions and B2B lending, has joined the Abu Dhabi Sustainable Finance Declaration to help promote a sustainable digital assets sector in Abu Dhabi.

Leveraging blockchain technology, the Hub71-based startup aims to drive efficiencies in carbon markets and offer SME clients access to carbon credit opportunities for meeting Scope 3 targets while supporting initiatives that make the industry, particularly bitcoin mining, more energy-efficient through advanced technology and investments in clean energy cryptocurrencies.

As per the release, the company will focus on increasing transparency in digital assets to ensure verifiable sustainable practices, fostering trust, and supporting ESG compliance and sustainable regulation and policy.

Sean Kiernan, CEO of Greengage, commented, “We are proud to join the Abu Dhabi Sustainable Finance Declaration, alongside esteemed signatories like our partners at Zumo. Our commitment to long-term client relationships aligns seamlessly with sustainable business practices, reflecting Greengage’s brand mission to promote ‘green’ growth and environmental responsibility, with a clear focus on sustainability as our core ‘gage’ for collateral.”

Greengage is also dedicated to increasing transparency to ensure that sustainable practices in digital assets are real and verifiable, which will help build trust and ensure ESG compliance. To date, Greengage supports the Blue Carbon Gold project, which tokenizes blue carbon initiatives that capture carbon in coastal ecosystems, such as UAE mangroves, which are high impact assets.

The Abu Dhabi Sustainable Finance Declaration, is a voluntary, membership-based initiative launched by Abu Dhabi Global Market (ADGM) and endorsed by the Ministry of Climate Change and Environment, the Central Bank, and the Securities and Commodities Authority. Over 135 organisations, including Greengage, have signed the declaration, committing to integrate ESG considerations into their business models, products, and investments.

UAE Commercial Bank International partners with Zumo digital assets as a service platform

UAE Commercial Bank International partners with Zumo digital assets as a service platform

UAE Commercial Bank International (CBI), a leading UAE bank, has partnered with Zumo, an award-winning digital-assets-as-a-service platform registered with the UK Financial Conduct Authority (FCA) to enable both parties to explore the tracking of digital asset sustainability.

As per the press release this marks a significant step in CBI’s commitment to furthering innovation and offering cutting-edge digital solutions to its clients.

The UAE’s digital assets market is projected to generate $453.20 million in revenue by 2024, reaching an estimated $616.80 million by 2028.

The Commercial Bank of Dubai (CBD) recently launched a dedicated accounts for Virtual Asset Service Providers (VASPs) to manage client money and regulatory prudential requirements, in compliance with the latest regulations issued by the Central Bank of UAE and the Dubai Virtual Assets Regulatory Authority (VARA). The first VASP to be onboarded is Laser Digital a crypto broker and investment service provider, a subsidiary of Japanese Nomura.

Giovanni Everduin, Chief Strategy & Innovation Officer of Commercial Bank International, said, “Our partnership with Zumo marks a significant milestone in CBI’s ongoing commitment to innovation and sustainability. Aligned with our vision of partnership driven innovation, we look forward to collaborating with Zumo to become one of the first banks in the world to provide carbon footprint insights with carbon offsetting for digital assets. This revolutionary capability will ensure that, as digital assets become further embedded within the financial ecosystem, customers and institutions have the required tools and data to ensure their sustainability goals are tracked and achieved.”

Clark Povey, Chief Operating Officer of Zumo, added, “We’re delighted to announce our strategic partnership with Commercial Bank International, one of the UAE’s most innovative banks, headquartered in Dubai. Our collaboration with CBI will see Zumo’s pioneering digital assets and blockchain technology complement CBI’s financial expertise and innovative approach to drive sustainability. Zumo solves the biggest challenges in digital assets for financial institutions by providing business-critical technologies to navigate the rapidly evolving digital asset landscape, and with Zumo’s technology and leadership in sustainability of digital assets, the exciting journey ahead is just beginning.”

Zumo provides the critical infrastructure required by financial institutions to implement sustainable digital asset solutions.

As an early signatory of the Crypto Climate Accord, a signatory of the Abu Dhabi Sustainable Finance Declaration and a key contributor to industry guidelines for the decarbonization of digital assets, Zumo has firmly established itself as a leader in advancing sustainability within the digital asset sector. By aligning Zumo’s technology and expertise with CBI’s innovative approach to banking services, this partnership is poised to accelerate the adoption of digital assets within the UAE’s banking ecosystem.

Prior to this, Commercial Bank International and Fuze, MENA’s digital asset infrastructure provider, signed a Memorandum of Understanding that would allow both parties to jointly explore digital assets use cases under the comprehensive regulatory frameworks of the UAE. The agreement between CBI and Fuze provided the foundations for innovative new use cases that leverage the potential of blockchain and digital assets, including investments and payments.

UAE Fils to offset carbon footprint of Saudi capital market fintechs

UAE Fils to offset carbon footprint of Saudi capital market fintechs

UAE based Fils, an ESG-focused financial technology that utilizes blockchain technology is collaborating with Saudi based tech platform Madkhol, which specializes in robo-advisory investment services, to offset the carbon footprint of Saudi capital market fintechs. The official signing took place at the prestigious 24 Fintech event, marking a significant milestone for both companies and the region.

This collaboration allows Madkhol’s customers to seamlessly invest in carbon credits and actively offset their carbon footprint directly through the platform. By embedding Fils’ sustainability stack, Madkhol is setting a new benchmark for capital market fintechs in Saudi Arabia and beyond, enabling users to integrate impactful climate action into their investment portfolios.

Capital markets play a pivotal role in driving economic growth and sustainability initiatives. Globally, the world requires $9.2 trillion annually to meet sustainability and climate goals, according to industry estimates. Achieving this will require the participation of every industry, with capital markets as a key driver of this monumental transition. Sustainable investments, which reached over $35 trillion in assets in 2020, are a critical part of this movement.

Saudi Arabia is leading the charge with its Voluntary Carbon Market (VCM) initiative, which aims to create one of the largest carbon trading platforms in the region. Spearheaded by the Public Investment Fund (PIF) and the Saudi Tadawul Group, this initiative aligns with the country’s Vision 2030 goals and is designed to promote investments in carbon credits and support companies in achieving their net-zero ambitions. The inaugural auction of carbon credits by the Saudi VCM saw a record 1.4 million tons of carbon credits sold, highlighting the sector’s growth potential.

The partnership between Fils and Madkhol is strategically aligned with Saudi Arabia’s VCM initiative. By leveraging Fils’ sustainability infrastructure, this collaboration allows users to participate in the carbon credit market with full transparency, trust, and integrity, setting a new standard for ESG investments.

CEO of Fils, Nameer Khan, commented: “Our partnership with Madkhol comes at a critical time when sustainable finance is becoming a cornerstone of capital markets, and Saudi Arabia’s VCM initiative is setting the stage for the region. Together, we are enabling users to make investments that not only drive returns but also contribute to a sustainable future. This collaboration highlights Fils’ commitment to transparency and trust, essential elements in building a credible and superior solution in the sustainability space.”

He added, “The global challenge of reaching $9.2 trillion annually in climate investments can only be met through the leadership of key industries, and capital markets are at the forefront of this transformation. Fils’ integrity-driven platform ensures that businesses and investors can participate in carbon markets with confidence, helping to foster a more sustainable world.”

Saad bin Atyan, CEO of Madkhol, commented, “At Madkhol, we are committed to providing our customers with innovative and responsible investment solutions. Partnering with Fils allows us to take our platform to the next level by integrating carbon credit investments and giving our customers a practical way to offset their emissions. Signing this partnership at 24 Fintech highlights our dedication to pioneering sustainable fintech in Saudi Arabia.”

By utilizing Fils’ comprehensive API-driven sustainability stack, Madkhol customers can now access a variety of carbon credit projects, enabling transparent reporting and ensuring investments align with environmental goals. This seamless integration also supports Saudi Arabia’s Vision 2030 objectives of promoting sustainability and reducing carbon emissions.

Ahson Saeed, Partner – Strategy & Commercials at Fils, noted, “At Fils, we believe that the future of finance is not just about returns, but about responsible, impactful investments. Our partnership with Madkhol is a testament to this vision, bringing together cutting-edge technology and a deep commitment to sustainability. By integrating carbon credit investments into everyday financial decisions, we are empowering investors to take actionable steps towards a greener future. This collaboration marks a new chapter in sustainable finance, aligned with Saudi Arabia’s ambitious climate goals and the broader global movement towards ESG-driven growth.”

Currently, the Fils network supports over 105 banks, 1.5 million merchants, and 4 million wallets. Leveraging innovative fintech and blockchain technologies, Fils provides businesses with the tools to integrate climate-positive solutions across industries. Fils is at the forefront of transforming the financial landscape to foster sustainability, building trust through transparency and integrity.

Web3 Holon green data storage provider sets up in UAE

Web3 Holon green data storage provider sets up in UAE

Australian Web3 Holon, a pioneer in Web 3.0 and AI-driven data storage and compute, has set up a base in the UAE.

Based in Australia, Holon has been building their innovative technology since 2018, with the aim of becoming the world’s greenest Web 3.0 infrastructure company. Holon is working to establish a 100% verifiably green global data network and empower data ownership.

“Holon recognized early that Web 2.0’s legacy infrastructure would struggle with cybersecurity, data privacy, and resource consumption. Web 3.0, with its decentralized, open-source framework, offers solutions for creating secure, transparent, and efficient digital ecosystems,” said Heath Behncke, Managing Director. “The UAE, particularly Dubai, have emerged as global leaders in fostering technological innovation. The country’s comprehensive approach to regulation, policy, and infrastructure development makes it an ideal hub for Web 3.0 and AI advancements. Holon’s commitment to Web 3.0 aligns with its vision to drive innovation for a sustainable and equitable digital future.”

Holon’s approach to sustainable data innovation involves modular micro-data centers equipped with immersion cooling technology. These small, efficient units can be integrated into existing properties, reducing the need for large, energy-intensive data centers. By leveraging Web 3.0’s distributed and decentralized technologies, Holon can bring data storage and computing closer to the user, improving latency, security, and energy efficiency. Additionally, Holon’s solutions can be powered by green energy, with the added benefit of repurposing waste heat to offset property energy costs, making it a win-win for businesses and the environment.

The company noted that the growth of data is staggering, from 1 Zetabyte (ZiB) in 2010 to over 100 ZiB in 2020. With AI driving significant data consumption, it is forecasted that 75,000 ZiB of machine-generated data will be generated annually by 2040. This surge will require around 1,000 ZiB of enterprise storage, a 250-fold increase. However, this expansion comes with a rising carbon footprint, with data centers projected to consume 8% of global electricity by 2030.

Heath said, “The blend of AI and Web 3.0 is transforming data management, offering secure, verifiable, and efficient handling of large data sets. Web 3.0’s decentralized infrastructure meets AI’s demands for accuracy and security, fostering a global ecosystem essential for AI deployment. Holon is committed to leading the way in sustainable data innovation, ensuring a secure and prosperous digital future.”

The company is exploring new opportunities to support commercial real estate firms in repurposing their infrastructure to tap into the booming data market. By merging property and data infrastructure, Holon is set to create a new future for both industries, ensuring they are well-positioned to thrive in economic challenges.