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Our Idea

The GREENOVA platform leverages blockchain and AI technologies to optimize carbon management. It fosters a sustainable ecosystem where carbon emitters and reducers collaborate through regulated interactions, tokens, and market mechanisms to drive decarbonization and align with global environmental goals.

Statistic
>200,000,000
Tons - UAE yearly carbon footprint
20
Tons per Capita
4.66 Tons
Global per capita carbon emissions
UAE 2050 Targets:
70% Reduction
Decrease in emissions from power generation
50% Increase
Increasing clean energy in the total energy mix
40% Improvement
Enhancing energy efficiency across all sectors
Regulator

The authoritative body that ensures compliance and oversees all operations within the GREENOVA platform.

Carbon Emitters

Manage and reduce their carbon emissions to meet regulatory standards.

Carbon Reducers

Participants who actively reduce carbon emissions, earning rewards through sustainable practices.

Sustainable Solutions
GREENOVA's Innovative Approach

Navigating carbon management involves key challenges: ensuring government participation without extra costs, developing a unified platform that balances emissions penalties with rewards for sustainable actions, and effectively recognizing individual environmental contributions.

GREENOVA addresses these challenges through a streamlined approach. By integrating blockchain, we enable transparent, cost-effective government collaboration and a dual-token system that balances penalties and rewards. Our AI-driven platform accurately measures and incentivizes every sustainable action, enhancing participation across all levels.

 

GREENOVA
Ecosystem Overview

GemCoins are tokens, based on the Ethereum blockchain technology. It is the core asset of the new GemCoin Marketplace. Users possessing GemCoins can exchange them for buying digital goods on the marketplace.

Main Features

GREENOVA seamlessly integrates government oversight into its blockchain-based platform, enhancing transparency without additional costs.

Utilizes a dual-token economy where Black Tokens penalize emissions and Green Tokens incentivize sustainable actions, promoting balanced carbon management.

Features an AI-driven module that accurately measures and rewards sustainable contributions, ensuring detailed validation of every action.

Offers a unified platform that combines emission penalties with rewards for sustainability, streamlining carbon management across sectors.

Includes an internal secondary market for trading Green Tokens, providing liquidity and enabling real-time transactions, with expansion plans into global exchanges.

Ensures strict regulatory compliance and oversight through transparent monitoring of all activities on the platform, maintaining system integrity and fairness.

Roadmap 2024 / 2025
Our Strategy and Project Plan

Innovation Highlights
Pioneering Sustainability Through Technological Breakthroughs
Individual Rewards System

Actively reaches out to individuals, rewarding them for sustainable actions and integrating personal contributions into the broader ecosystem.

Advanced AI-Driven System

Employs an enhanced AI framework to accurately assess and optimize decarbonization efforts, making the platform highly efficient and responsive.

Zero-Cost Government Engagement

Ensures government participation to carbon reduction targets without additional financial investment, leveraging existing resources and regulatory influence.

Dual-Token System

Introduces a pioneering dual-token mechanism, using Black Tokens for penalties and Green Tokens for rewards, enhancing accountability and incentives within the carbon management sector.

Greenovise Process

A unique innovation that allows carbon emitters to convert penalties into rewards, protecting the integrity and value of the Green Tokens in the secondary market.

Dynamic Secondary Market

Creates a vibrant and regulated secondary market for Green Tokens, providing liquidity and facilitating real-time trading among participants.

Global Expansion and Integration

Plans for integration with global exchanges to enhance liquidity and market reach, preparing the platform for international scale and impact.

Our Team Leaders
Meet a Crew of Professionals
Issa-Photo
Issa Ismail Khalifa
CEO

ISSA, is a visionary leader with extensive experience in environmental protection and management. His strategic direction and commitment to sustainability are foundational to Greenova’s mission to innovate within the green technology space.

Arash-Profile-Photo
Arash Zarei
Founder, CTO

Arash, brings over 15 years of tech expertise, leading innovations in blockchain and AI to revolutionize industry standards. His strategic vision and commitment to excellence drive our mission to integrate cutting-edge technology solutions.

Shafeeq
Shafeeq Qureshi
COO

Shafeeq, leverages over two decades of expertise in trading and risk management to guide strategic operations. His entrepreneurial spirit and profound leadership skills are instrumental in driving Greenova’s mission forward.

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Saqr Georji
Product Manager
Personal - Shahrivar 1402
Alex Moqadam
R&D Team Lead
Have a Question?
Our Consultants Will Always Glad To Help

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    Newsletter
    How GREENOVA Works
    Streamlining Carbon Management with Innovative Technology
    Account Registration

    Carbon Emitters are required to register an account on the Regulator’s portal, essential for managing emissions and accessing governmental services.

    Black Token Assignment

    Using account details and emissions data, the Regulator assigns BLACK TOKENS to emitters, which represent their carbon footprint and potential fines.

    GREENOVISE Process

    Emitters can engage in the GREENOVISE process by combining BLACK and purchased GREEN TOKENS in transactions to the Regulator, converting penalties into incentives.

    Debt Settlement

    BLACK TOKENS serve as a mechanism for settling debts related to carbon emissions, with automatic penalties applied if not addressed within a specified period.

    Account Registration

    Carbon Reducers must register their accounts on the Regulator’s portal to participate in the ecosystem and access specific services.

    Allowing AI System to Evaluate Actions

    The platform’s AI system evaluates actions and consumption patterns of Carbon Reducers to determine their contribution to sustainability.

    Receiving GREEN Tokens

    Based on the AI assessments, Carbon Reducers receive GREEN TOKENS as rewards for their verified sustainable actions.

    Enjoying Secondary Market

    Carbon Reducers have access to the secondary market where they can trade GREEN TOKENS, enhancing their ability to capitalize on sustainable practices.

    The GREENOVA platform operates through a sophisticated ecosystem designed to manage and incentivize carbon reduction using advanced technologies like blockchain and AI. Carbon Emitters must register an account on the Regulator’s portal to manage their emissions and comply with regulatory requirements. These emitters are assigned BLACK TOKENS based on their carbon output, which act as a form of digital liability, quantifying each entity’s environmental impact. Through the GREENOVISE process, emitters can convert these tokens into incentives by pairing them with purchased GREEN TOKENS and submitting them to the Regulator, thus balancing penalties with rewards and settling their environmental debts.

    Conversely, Carbon Reducers also register on the same portal and allow the platform’s AI system to assess their sustainable actions, such as reducing energy consumption or implementing green technologies. This assessment leads to the allocation of GREEN TOKENS, which reward their positive environmental contributions. Carbon Reducers can leverage these tokens within the platform’s secondary market, trading them to realize financial benefits or using them to further enhance their sustainability efforts. This dual approach not only encourages compliance and active participation in carbon management but also fosters a dynamic market for carbon credits, driving both environmental sustainability and economic activity within the GREENOVA ecosystem.

    GREENOVA News
    Stay Informed With Latest News From Our Blog
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    01 Apr: Harnessing Blockchain for a Sustainable Future

    Explore how blockchain technology revolutionizes decarbonization efforts, offering a secure, transparent, and efficient framework to foster global sustainability. This post delves into blockchain’s role in enhancing transparency, promoting participation, and driving innovation in carbon trading and automated compliance within the GREENOVA platform.

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    Office Address

    9th floor, The Offices 4, One Central, Dubai World Trade Centre, Dubai, UAE
    info@greenova.app

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    Working Hours

    MONDAY-FRIDAY: 9:00 – 18:00

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    Hotline

    PHONE: (+971) 4 348 4331