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NoviqTech Extends Strategic Partnership with Hedera Foundation

Story Highlights
  • NoviqTech extends collaboration with Hedera for five years to enhance sustainability solutions.
  • The partnership includes a grant up to USD $735,000, tied to milestone achievements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NoviqTech Extends Strategic Partnership with Hedera Foundation

Confident Investing Starts Here:

An announcement from Tymlez Group Ltd. ( (AU:NVQ) ) is now available.

NoviqTech Limited has extended its strategic collaboration with the Hedera Foundation for an additional five years, supported by a milestone-based grant aimed at enhancing customer growth, platform adoption, and transaction scalability in its blockchain-powered sustainability solutions. This collaboration will bolster NoviqTech’s ability to deliver scalable and transparent blockchain solutions, reinforcing its commitment to improving sustainability performance and regulatory compliance across industries. The grant, amounting to up to USD $735,000, will be drawn progressively based on milestone achievements, and aims to validate market traction and growth in environmental asset accounting and supply chain tracking.

More about Tymlez Group Ltd.

NoviqTech (ASX: NVQ) leverages artificial intelligence and distributed ledger technology to offer transparent and reliable reporting solutions across various sectors, including supply chains, carbon emissions, and Guarantee of Origin. Their platforms, NoviqAI and Carbon Central, provide innovative technologies to industries worldwide, enabling precise carbon emissions tracking and product origin validation in real-time.

YTD Price Performance: -77.39%

Average Trading Volume: 776,158

Technical Sentiment Signal: Sell

Current Market Cap: A$6.54M

For detailed information about NVQ stock, go to TipRanks’ Stock Analysis page.

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