Company attributes
Cryptocurrency attributes
Other attributes
This document includes projections and forward-looking statements, which inherently involve unknown risks and uncertainties. Actual events may differ materially from those outlined in this Green Paper, and no reliance should be placed on these statements or projections.
Solution Disruptive decentralized new carbon market systems using blockchain technology, fuelled with Carbon Token.
The system will maintain TACCC (transparent, accurate, consistent, complete, and comparable) principles with strategic improvements (Six Sigma), and will directly manage the carbon engagement in smart contracts.
Therefore the Carbon Blockchain (+ IoT) and its crypto/ token will empower the real environmentally sustainable projects (renewable energy/ waste/ agriculture/ forestry/ etc.) within Indonesia, Vietnam, ASEAN countries and Worldwide.
Carbon Token unique value propositions are: 1. Simplified, fast, and yet robust carbon credits process with Six Sigma deployment. 2. Accommodate existing unsold CER/ verified emission reduction amount (done by CDM/ Gold 2. Standard/ Verra), which will be appraised accordingly. 3. Encourage everyone to participate combating climate change: individual, institutions, corporations, etc. 4. A project will accumulate 10 years CERs in advance (accelerating combat climate changes), renewable 2nd 10 years cycle will be verified by IoT deployment. 5. Borderless source of CERs (any countries, any regions) 6. Limitless market/ exchanges for CERs
Carbon Token utilization will be:
Fuel for all activities/ projects related to combating global climate change
Strategic investment product as the total token supply will be fixed at 1 B tokens (= 1 Giga Ton/ 10 years), while demand will be extremely vast (23 Giga Ton/ year of CER).
Compliancy purpose (i.e. corporation/ institution offsetting purpose - net zero) as targeted in 2050/2060.
As a crypto, used as a preferred payment (or exchange) in sustainability product merchants/ green projects/ activities.
Team – CEO and Founder Choky YF Simanjuntak
An accomplished and seasoned professional with 25 years of broad and progressive Industrial experiences, 7 years of them in renewable energy industry, 8 years in business process improvement (certified Six Sigma Master Black Belt - SSMBB), and more than 10 years in global business development.
Start his professional careers in 2 transnational companies: Schlumberger and General Electric. He graduated B.Sc. Mechanical Engineering from Institut Teknologi Bandung (ITB) in 1994 and MBA Monash University in 1998. Strategic thinker with excellent analytical and communication skills, strong team player and broad international exposures.
Henry D Fahman
Henry Fahman has more than 30 years’ experience in general management, finance, investments and corporate strategy and currently serves as CEO/ President and Chairman of the Board of PHI Group, Inc., a publicly traded company in the U.S. He holds a B.S., magna cum laude, in business administration from the University of California at Berkeley, with emphasis in finance and economic analysis and policy, and is a graduate of the Advanced Management Program (AMP166) from Harvard Business School. He has also attended other Executive Education programs at Harvard Business School and Stanford University, including Mergers and Acquisitions, Creating Competitive Advantage, and Advanced General Management.
Previously, he served as a Resettlement Coordinator for the United Nations High Commissioner for Refugees in Indonesia. Mr. Fahman is also Chairman/Managing Director of PHILUX Capital Advisors, Inc., a wholly owned subsidiary of PHI Group, Inc., and Chairman of PHILUX Global Funds SCA, SICAV-RAIF, a group of bank funds that currently develops the Asia Diamond Exchange in Vietnam.