Staque

Staque streamlines the ESG bond lifecycle through its secure, permissioned and environmentally friendly blockchain platform by managing the performance data of the underlying assets through uNFTs. Utility non-fungible tokens (uNFTs) have been specially developed by Staque to track and prove the performance of assets using our proprietary proof of utility (PoU) model. We are passionate about sustainability and NFTs, and have therefore adopted ESG assets as the first use case for uNFTs. Environment, social and governance (ESG) bonds is a high growth multi trillion dollar industry. Investors and lenders in the ESG space generally demand a higher level of accountability. However, currently, no trustless and frictionless information sharing mechanism exists for ESG assets. This makes ESG bonds a risky investment for all parties involved. We enable companies to issue uNFTs of their ESG assets (ESG projects they are raising funds for). The uNFT monitors the performance of the asset, both in terms of impact and use of finances. It also measures compliance with the issuance criteria that is designed based on international standards. All authorized stakeholders - investors, lenders, bond issuers, underwriters and regulators - can view project data in real-time through the uNFT based on their access privileges. The token is transacted from one party to another if the attached ESG asset changes hands. Staque is working with a network of financial and infrastructure partners to deliver a state of the art solution. We recently demonstrated the technology at the Hyperledger Global Forum - the grandest world stage in blockchain. Being able to present our solution at HGF is an endorsement of the technological innovation we have built. Catch the presentation at: https://sched.co/j3c4