Hestiya operates a marketplace for trading verified carbon credits and International Renewable Energy Certificates (I-RECs), providing a transparent platform that ensures asset verifiability and compliance with industry regulations. The platform facilitates peer-to-peer trading and real-time spot trading, enabling users to efficiently meet their carbon neutrality goals without relying on intermediaries.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations struggle to efficiently source and trade verified carbon credits and International Renewable Energy Certificates (I-RECs) needed to meet carbon neutrality goals, often facing challenges related to asset verifiability, transparency, and reliance on intermediaries. Traditional methods lack the transparency and direct access needed for effective carbon offsetting and renewable energy procurement.
Solution
Hestiya provides a marketplace platform designed to facilitate the trading of verified carbon credits and I-RECs, offering a transparent and efficient solution for organizations aiming to meet their sustainability targets. The platform ensures asset verifiability and compliance with industry regulations, helping to prevent fraud and increase trust in carbon markets. Hestiya's peer-to-peer trading feature enables direct transactions between users, fostering a decentralized and open marketplace. The spot trading functionality allows for real-time buying and selling at current market prices, providing flexibility and immediate access to carbon commodities.
Target Audience
The primary target audience includes organizations seeking to achieve carbon neutrality, sustainability managers, and renewable energy procurement specialists.
Features
- Peer-to-peer (P2P) trading enabling direct transactions without intermediaries.
- Spot trading feature for real-time buying and selling of carbon credits and I-RECs at current market prices.
- Immutable public registry ledger to ensure transparency and transaction record keeping.
- Verifiable assets to prevent fraud and increase trust.
- Streamlined compliance with industry regulations.