Bitget Lists DEVVE, the Next-Generation ESG Blockchain - Chainwire

08Mar

Bitget Lists DEVVE, the Next-Generation ESG Blockchain

Victoria, Seychelles, March 8th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the listing of DEVVE, a next-generation cryptocurrency set to revolutionize the digital asset landscape. With DEVVE, users gain access to a cutting-edge blockchain protocol that offers unparalleled scalability, security, and cost-effectiveness, while addressing critical challenges in environmental and social asset tracking.

DEVVE’s innovative approach comes at a time when society faces significant challenges in managing data for environmental and societal issues. A lack of transparency and trust in tracking environmental assets, such as carbon credits and other ESG assets, has left stakeholders vulnerable to falsified records and greenwashing. Existing third-party providers attempt to track and verify these assets but often lack the necessary transparency, leading to inefficiencies and vulnerabilities in the system.

DEVVE aims to address these challenges by providing a framework that tracks environmental and social assets with transparency and trust. Leveraging its advanced blockchain technology, DEVVE offers a solution that enables accurate identification, measurement, and tracking of ESG assets, reducing the risk of falsified records and ensuring integrity in the system.

With DEVVE, users can participate in governance to become verification nodes on the DevvX blockchain, fund environmental and impact projects, and utilize DevvX shards for storing environmental or impact datasets. This circular utility of DevvE fosters transparency and trust in the ecosystem, empowering stakeholders to make informed decisions and drive positive change.

Commenting on the listing, Gracy Chen, Managing Director of Bitget, stated, “We are excited to welcome DEVVE to our platform. DEVVE’s innovative approach to blockchain technology aligns with Bitget’s mission of empowering users through cutting-edge financial solutions. We believe that DEVVE has the potential to drive significant advancements in the digital asset space and are committed to supporting its growth and adoption.”

With its groundbreaking technology and ambitious roadmap, DEVVE aims to cement itself as the world’s source of truth for ESG data and assets. As it continues to expand its ecosystem and utility, DEVVE is poised to redefine the future of decentralized finance and blockchain technology, ushering in a new era of transparency and trust in environmental and social asset tracking.

Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget’s spot market has seen significant growth. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.