Trucpal Strengthens Cooperation with Solv Protocol in Financial NFTs for Green Finance
5th June 2021, Cayman Islands
On the occasion of the World Environment Day 2021, HGC — a tech company renowned for its road freight SaaS product, Trucpal — announced today a strategic partnership with Solv Protocol, a DeFi protocol that creates and facilitates an on-blockchain marketplace for Financial NFTs.
The partnership will create in-person and digital opportunities for both organizations and communities to increase R&D and sustainability. The theme for World Environment Day this year is “Ecosystem Restoration”. It means assisting in the recovery of ecosystems that have been degraded or destroyed, as well as conserving the ecosystems that are still intact. Healthier ecosystems, with richer biodiversity, yield greater benefits.
Trucpal is an open and shared ecosystem for the trucking industry. HGC as its developer, believes that common prosperity and sustainability is the best choice for the future logistic landscape. Its blockchain-based security token offering (STO) is a innovative practice to address market failures in the road transportation sector.
Green finance is a way for organizations to consider the potential environmental impact in their investment and financial decisions, and the potential returns and risks associated with environmental conditions. It promotes the sustainable development of society. Trucpal’s unique functions and token economics are set up so that the empty-load rate and vehicle fuel consumption will be dramatically reduced for truckers. This will not only be financially better for Trucpal’s users, but also for the environment as well.
Founded in 2020, Solv Protocol innovates the token standard for Financial NFTs, and creates the world’s first one-stop Financial NFT marketplace for Decentralized finance (DeFi). Versatile Non-Fungible Token (vNFT) is an enhancement of ERC721 to simplify the implementation and programming of advanced financial instruments.
The cooperation will not only improve the efficiency of STO and accelerate innovation, but it will also be a game changer for the FinTech and Logistic industry.
About Trucpal:
Trucpal is the SaaS system created by HGC. Its token economy is programmable, and is combined with decentralized finance (DeFi) and designed with hybrid functions. Tokens can be widely used in different transaction scenarios under regulatory compliance in the trucking ecosystem to motivate users and further encourage the ecosystem growth.
