Solowin Holdings Ltd. announced a partnership with Taobao Shangou, a subsidiary of Alibaba Group, and Hangzhou Bossen to advance carbon reduction initiatives using blockchain technology. The collaboration aims to integrate high-quality carbon assets, consumer platform incentives, and on-chain carbon credit circulation. Under the partnership, Hangzhou Bossen will provide carbon assets to Taobao Shangou, where carbon benefits will be incorporated into the platform's incentive system. Through Solowin's Ferion system, users of Taobao Shangou will receive rewards based on their carbon reduction behaviors, such as choosing green delivery options or low-carbon products. This initiative is intended to encourage consumer participation in emission reduction through daily consumption activities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solowin Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9650425) on February 06, 2026, and is solely responsible for the information contained therein.
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