“We are excited to be working with Grounded and FINAO to promote the global ESG impact using Rubix’s green public network.“- KC Reddy, Founder and Chief Architect of Rubix.
“We believe that the way people buy and the brands they buy have the power to change the world and that every purchase should be a step towards a more sustainable future. Consumerism now comes with consciousness and so does business. We are delighted to be working with Rubix to make a difference“- Phil White, co-founder of Grounded.world.
âBy working with major schools and nonprofits like the YMCA, we understand that successful ESG requires effective tools and reliable accountability. We are excited to be working with Rubix, as placing ESG parameters on a blockchain will create greater awareness of corporate social awareness in The pandemic has created a sense of urgency among consumers about the need to ” careful monitoring of the ESG compliance of their favorite brands. definition of the mark “- Wallace Greene, President and CEO, FINAO
HYDERABAD, India, January 7, 2022 (GLOBE NEWSWIRE) – Rubix (a web-scale Layer 1 blockchain building Web3 applications), Grounded (a leading marketing company helping global brands reach and communicate their ESG goal and goals) and FINAO (a digital technology company helping organizations drive digital adoption), have entered into a strategic partnership to help leading global brands achieve ESG impact using the untrusted provenance of blockchains public. Grounded has a wealth of experience helping top brands make ESG impact. FINAO has a solid track record of working with leading global organizations on digital and social impact.
Recognizing the environmental, social and business imperatives of sustainability, Rubix has focused on leveraging its public blockchain as a unique secure, scalable and reliable tool for ESG reporting. Rubix’s blockchain will bring world-class efficiency and publicly verifiable accountability to its clients’ governance strategies through its own commitment to innovation, culture, trust, human capital, environmental impact and social sustainability. . These concepts are difficult to measure and most of them are overlooked by traditional management accounting and reporting frameworks. However, there is an urgent need to do so, as shareholders, funders and other stakeholders increasingly focus on how companies create long-term value, with a particular focus on ” sustainability as captured by ESG measures â.
Providing on public blockchains is emerging as the best method for brands to establish their commitment to sustainability, and this has been Rubix’s express mission in building the Rubix protocol. Rubix is ââone of the greenest networks with lower energy consumption than existing computer networks. Brands and their supply chain partners can post their provenance data to the Rubix chain without worrying about cost, security or privacy. Customers, investors and policymakers can now leverage the benefits of instant supply chain and social impact provenance on Rubix to achieve ESG goals.
Grounded is a multi-award-winning B-corp certified activation agency that thrives at the intersection of brand experience, business innovation and social impact. They work with global brands, retailers, startups, and nonprofits to help them articulate their purpose, activate their brands, and accelerate their impact at scale.
Led by former Microsoft executives, FINAO is an innovative consultant and developer of proprietary and customized software applications for social good, education, equity and total well-being. FINAO works in partnership with global non-profit organizations, businesses and educational organizations. Their strength is to create system-driven solutions for exceptional user experience, highly efficient administrator ownership, insight, accountability and scalability of use cases.
About RUBIX NETWORK SYSTEMS Ltd
Rubix Network is a Layer 1 blockchain protocol for data transfer and peer-to-peer transactions. Rubix is ââa web-scale protocol with zero transaction fees, minimal infrastructure costs, high security and privacy. With 0.00000174 kWh per transaction, Rubix has one of the lowest energy consumptions among all computer networks. Rubix software can be downloaded for free on any PC or virtual machine. The Rubix community has more than 10,000 validators.
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Company: Rubix Networking Solutions Pvt Ltd
Email: [email protected]
THE SOURCE: Rubix Networking Solutions Pvt Ltd