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NoviqTech Limited (ASX: NVQ) has extended its strategic alliance with the Hedera Foundation for five more years, backed by a milestone-based grant of up to USD $735,000. This initiative aims to scale NoviqTech’s blockchain-powered platforms—Carbon Central and NoviqAI—focusing on carbon tracking, sustainability reporting, and supply chain transparency. Central to the agreement is a Customer Marketing Development Fund to boost enterprise adoption and market traction. Grant disbursements are performance-tied, enabling reinvestment based on transaction milestones rather than upfront funding. This reinforces NoviqTech’s vision to build a transparent, efficient, and trusted digital sustainability ecosystem. Leveraging Hedera’s secure distributed ledger, NoviqTech empowers industries from maritime to agriculture to achieve real-time carbon accounting, compliance, and origin verification. CEO Freddy El Turk emphasized the collaboration as a catalyst for rapid innovation and global impact. This collaboration represents a major advancement in shaping the future of global digital sustainability.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.