NoviqTech & Hashgraph Group Partner to Modernize Australia’s Credit Markets AllinCrypto December 8, 2025
NoviqTech has announced a new partnership with Eco-Markets Australia (EMA) and The Hashgraph Group to deliver an upgraded environmental credit registry system known as Registry 2.0.
Backed by a $160,000 grant from The Hashgraph Association, the initiative represents the first phase of a major overhaul of EMA’s digital infrastructure, beginning with the modernization of the Reef Credit Scheme, a program that issues credits for verified improvements in land management and water quality along Australia’s Great Barrier Reef.
The collaboration brings together EMA’s environmental market expertise, NoviqTech’s Carbon Central technology, and the Hedera Hashgraph ecosystem’s distributed ledger capabilities.
How the Partnership Works
The result will be a secure, transparent, and scalable registry platform designed to enhance trust and efficiency in Australia’s environmental credit markets.
As part of the partnership, The Hashgraph Group will lead the project management, overseeing collaborative work between NoviqTech throughout development.
The upgraded registry will be built using the Hedera Guardian for auditable environmental asset creation and transparency. NoviqTech’s Carbon Central platform will serve as a user-layer integration, enabling efficient issuance, tracking, and retirement of environmental credits.
Reef Registry 2.0 will introduce digital certificates backed by immutable metadata and transparent workflows, replacing slower, manual legacy systems.
The goal, overall, is to create a modern, tokenized registry that supports both current and future environmental markets, with Reef Credits as a starting point.
Why It Matters for Australia’s Environmental Credit Future
Australia’s environmental credit markets are expanding rapidly as demand grows for trustworthy sustainability methods. By adopting a blockchain-backed registry, EMA aims to reduce administrative lag and enhance data integrity.
Within Australia, Hedera is also a part of the Reserve Bank of Australia’s Project Acacia, a pilot that aims to utilize distributed ledger technology to explore roles that central banks and privately issued forms of digital money can take, including CBDCs.
If successful, Registry 2.0 could set a new standard for environmental asset management across Australia, enabling smoother credit trades, reliable reporting, and better alignment with global climate-focused innovation.
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