Small Caps

NoviqTech (ASX: NVQ) teams up with Livium and Hedera to drive sustainability innovation (w/ Freddy El Turk)


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NoviqTech (ASX: NVQ) chief executive officer Freddy El Turk joins Small Caps to discuss the AI intelligence and distributed ledger technology specialist's recent corporate moves.

Most recently NoviqTech and Australia's Livium (ASX: LIT) agreed to collaborate to support the tokenisation of environmental benefits from advanced battery recycling operations using NoviqTech’s Carbon Central platform.

The pioneering project aims to establish a new digital framework for tracking and verifying carbon reductions and mineral circularity within Livium's battery recycling operations.

The collaboration will focus on digital tracking and validation of emissions reductions by recycling and reusing existing battery materials in place of mining new resources.

Last month NoviqTech agreed to extend its strategic collaboration with financial, technical, and marketing support provider Hedera Foundation.

The additional 5 years extension will be supported by a milestone-based grant designed to drive accelerated customer growth, enhance platform adoption, and expand transaction scalability across NoviqTech’s blockchain-powered sustainability solutions.

Articles:
https://smallcaps.com.au/noviqtech-five-year-extension-collaboration-hedera-foundation/
https://smallcaps.com.au/noviqtech-livium-digital-battery-recycling-initiative-tokenised-esg/

For more information on NoviqTech:
https://smallcaps.com.au/stocks/asx-nvq/

See omnystudio.com/listener for privacy information.

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