
HODLNG
closedBlockchain platform for carbon-neutral LNG asset verification.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
€70.0k | Seed | ||
Total Funding | 000k |
HODLNG, founded in 2019 and headquartered in Tallinn, Estonia, provides a climate deep-tech solution for the liquefied natural gas (LNG) industry. The company was founded by Jean-Christophe Finidori (CEO), Snjezana Jovanovic (COO), and Julien Bringer (CTO). The founders combine extensive experience in internet technologies, international relations in the EU energy sector, and scientific research and innovation.
The company has developed a blockchain-based platform that tracks and verifies greenhouse gas (GHG) emissions and compensation activities for LNG cargoes. This creates a transparent and auditable record, establishing a single source of truth for the carbon neutrality of an LNG shipment. HODLNG's platform enables multiple parties involved in a cargo's journey to participate in and verify its decarbonization process, allowing for the sharing, trading, and claiming of offset actions. By tokenizing verified emissions data tied to specific gas routes, the platform is designed to create a new asset class and incentivize methane data sharing, which helps natural gas producers meet regulatory demands and differentiate their products.
HODLNG's business model involves charging transaction and membership fees. The company targets LNG sellers and buyers, helping them consolidate GHG compliance statements and peg carbon offsets to gas orders. This empowers them to offer fully or partially carbon-neutral LNG cargoes. The system is also designed to redistribute a portion of fees to NGOs and local communities. HODLNG has extended its concept from LNG to the biogas sector, creating a system to track emissions and savings along the entire biogas supply chain and reward parties for reductions.
The company has participated in several accelerator and grant programs, including BlockStart, Block.IS, and EIT Jumpstarter, securing over $117K in funding through these initiatives. It has gained recognition by winning prizes from the Government Blockchain Association and Climate Launchpad.
Keywords: carbon-neutral LNG, emissions tracking, blockchain technology, GHG accounting, green credentials, energy trading, decarbonization, carbon offsets, climate deep-tech, biogas, methane data, asset tokenization, DePIN, LNG verification, environmental impact, supply chain transparency, ESG reporting