Solowin announces partnership with Taobao Shangou to embed carbon rewards

Solowin announced a partnership with Taobao Shangou and Hangzhou Bossen to embed high-quality carbon assets into Taobao Shangou's incentive system, and Solowin's Ferion system will allocate rewards to users for low-carbon choices.

Solowin announced a partnership with Taobao Shangou and Hangzhou Bossen to integrate carbon assets into a consumer platform. The model combines high-quality carbon assets, consumer platform incentives, and on-chain carbon credit circulation. Hangzhou Bossen will supply the carbon assets to Taobao Shangou, a food delivery platform under Alibaba Group, according to the article. Solowin's Ferion system will allocate carbon-related benefits to users as rewards for choices such as green delivery and low-carbon products. Key details: - Solowin will work with Taobao Shangou and Hangzhou Bossen on an integrated carbon asset and incentive model. - The article mentions Taobao Shangou as part of Alibaba Group. - Hangzhou Bossen supplies high-quality carbon assets to the platform's incentive system. - Solowin's Ferion system will distribute rewards to users based on carbon-reducing behaviors. - Examples of eligible behaviors include choosing green delivery or selecting low-carbon products. Summary: The partnership is presented as a replicable approach to scale carbon asset applications and to advance inclusive carbon reduction through everyday consumer choices. Undetermined at this time.