Howe-Baker International signs MoU with D Energy to pioneer clean hydrogen production using blockchain technology.
Howe-Baker International, a leader in energy sector design and engineering, has announced the signing of a Memorandum of Understanding (MOU) with D.Energy, a Layer 1 blockchain pioneer in clean energy protocols. The strategic partnership aims to advance research and development into the implementation of blockchain technology for the generation of clean hydrogen.
Under the terms of the MOU, Howe Baker and D.Energy will collaborate in the research and development of blockchain-based systems that will enhance the efficiency, transparency and security of the hydrogen production process. The collaboration is in line with both companies’ commitment to fostering innovation and sustainability in the energy sector and heralds a new era of clean hydrogen production powered by blockchain technology.
The main objectives of the collaboration are:
Improved Efficiency: Leveraging blockchain technology to optimize the hydrogen production process, reducing costs and improving overall efficiency. Transparency and Traceability: Ensuring transparent tracking of hydrogen production from renewable sources to end users, enhancing trust and accountability in the supply chain. Security and Data Integrity: Implementing a robust blockchain solution to protect data integrity and prevent unauthorized access or tampering. Sustainability Goals: Contributing to global efforts to reduce carbon emissions by advancing the adoption of clean hydrogen as a viable and sustainable energy source.
Comments from Leadership:
“We are thrilled to be working with Howe Baker to bring this technology to market,” said Laken White, president of Howe Baker.
We are excited to partner with D.Energy on this groundbreaking initiative.
“By combining our extensive experience in energy infrastructure with D.Energy’s blockchain expertise, we are poised to revolutionize the clean hydrogen production industry. This collaboration not only supports our sustainability goals, it also puts us at the forefront of technological innovation in clean energy.”
Shafi Rafi, founder of D.Energy, added:
This MOU marks an important milestone in our mission to integrate blockchain technology into the energy sector.
“By partnering with Howe Baker, we aim to develop scalable, secure blockchain solutions that will drive the future of clean hydrogen production. Together, we are committed to creating a more efficient and sustainable environment for on-chain Real World Assets (RWA).”
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Howe Baker International signs memorandum of understanding with D Energy to pioneer clean hydrogen production using blockchain technology.
