Axis Technologies Group, Inc (OTCMARKETS: AXTG) signed MOU with Big Sun Group Limited, one of Taiwan largest solar panel manufacturer and solar plant management group to digitization of REC to offset carbon credits with users with NFT on ETHFUND.
Los Angeles, CA -- April 7, 2022 -- InvestorsHub NewsWire -- The
digitization of carbon credits using the AXTG ETHFUND
platform BigSun NFT's Solar REC will wrap solar Renewable Energy
Certificates (REC) into ERC20 tokens and NFTs on the Axis
Technologies Group, Inc. ETHFUND Platform. Wrapping will
include certification and IP protection by a EU
trademark and patent office.
The wrapping protocol has been developed by AXTG. Wrapping
will include certification and IP protection by a EU
patent office. And is the first REC wrap on the
Ethereum's ERC20 protocol and will be fully operational by second
quarter 2022.
Summer Luo, Chairman. of Big Sun Group Limited says, "this will
be a latest strategic partnership to enable digitization of REC
digital assets in Taiwan and trade carbon credit globally
partnering with Axis Technologies Group, Inc. ". Wrapping, the
digital assets directly owned by the Solar power plants.
Users of the ETHFUND , Web 3.0 wallets will be able to access
and trade carbon credit and carbon offsets wrap by using Ethereum
smart contracts enabling wallet holders to monetize the
green digital assets generated and track the REC generated through
Big Sun’s solar plants.
Wrapping Ethereum allows the direct, seamless exchange between
Ethereum and ERC-20 tokens without the need for a trusted
third-party and without incurring in unnecessary risks such as
unexpected errors during transactions resulting from complex
implementations.
Sandbox Model:
William Tien, President of AXTG, states that "AXTG and Big Sun
Group have advanced quickly building a Web 3.0 NFT staking platform
inside our ETHFUND's NFT market place for verification and
accreditation of the solar Renewable Energy Certificates (REC).
Demonstrating the efficacy of the technology and provide
verifiable proof of the key conceptual elements of this strategic
innovation.”
This sandbox model is expected to be completed within the second
quarter of 2022 and implemented with 2 solar plant test sites in
Taiwan. Interested parties, including investors, patrons and
developers, may inquire further by contacting
ceo@axtg.us"
Big Sun Group Limited:
Big Sun Group Limited is a professional solar energy
manufacturer located in Taiwan and was established in 2006 by a
group of enthusiastic and talented semi-conductor evangelists.
Big Sun Group manages more than 3,000 solar power plants (800
MW) in Taiwan and Japan. The REC digital data is generated
through their AIOT device connected directly to each solar
panel. Big Sun Group’s iPV Tracker has been recognized with
multi-national patents and has been awarded with Taiwan Industry
Innovation Award (2013). In addition, its derivative product “iPV
Smart Farm” has won the Taiwan Outstanding Photonics Award (2015)
and the Top 10 Highlights Award (2015.2016.2017.2018) at the SNEC
PV Expo.
Please visit the Big Sun Group website for more information
www.bigsun-energy.com
Axis Technologies Group, Inc.:
Axis Technologies Group, Inc. (OTCMARKETS:
AXTG) is a publicly traded holding company that focuses on the
acquisition, alignment, and growth of disruptive fintech and
decentralized finance companies.
Axis Technologies Group actively seeks targets in which it can
acquire and accelerate market expansion, targeting companies with
solid management teams and business models, large total attainable
markets (TAM), and lucrative exit opportunities.
The company places emphasis on decentralized finance, leveraging
blockchain technologies to provide industry-leading financial
solutions, which, over time, will allow for the capture of
recurring revenue streams.
Please visit Axis Technologies Group www.AXTG.us for more information.
Safe Harbor Statement
This press release may include forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements related to anticipated revenues,
expenses, earnings, operating cash flows, the outlook for markets,
and the demand for products. Forward-looking statements are no
guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to
differ materially from the forward-looking statements. Such
statements are based upon, among other things, assumptions made by,
and information currently available to, management, including
management's own knowledge and assessment of the Company's industry
and competition. The Company assumes no duty to update its
forward-looking statements.
CONTACT:
Axis Technologies Group, Inc.
ceo@axtg.us
Twitter: @AXTG2021
StockTwits: https://stocktwits.com/symbol/AXTG
Axis Technologies (PK) (USOTC:AXTG)
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