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Published 08 Dec 2024

Alephium Strategic Partnership

GIGATONS and Alephium Forge Strategic Partnership to Accelerate the Transition to a Sustainable Future 

GIGATECH
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GIGATONS Chooses Alephium to Power its Billion-Dollar Climate Revolution

Abu Dhabi, UAE – December 9th, 2024GIGATONS, the groundbreaking platform dedicated to achieving gigaton-scale CO₂ reductions, has chosen Alephium as the foundational blockchain for its advanced GIGA Protocol, developed and deployed by its technology division, GIGATECH. 

This decision positions Alephium as the backbone of one of the most ambitious net-zero technology initiatives in history, showcasing its superior blockchain technology amidst an increasingly competitive field. 

GIGATONS: Leading the Global Transition to Net Zero

The clean tech entrepreneurs behind GRIDSERVE, the UK’s leading electric vehicle (EV) charging business powered by net-zero energy, today unveil GIGATONS, a groundbreaking global technology and funding platform designed to accelerate the global transition to net zero. 

Officially launched today at Abu Dhabi Finance Week, GIGATONS is launched in response to the urgent need to address climate change and deliver the 59 gigatons of annual carbon emission reductions required by 2050, to achieve net zero and keep global temperature rises to within 1.5 degrees of warming. 

By integrating blockchain technology through its GIGA Protocol, GIGATONS enables the tokenization of real-world assets, the validation of carbon credits, and full transparency in every step of its projects. A portfolio of new stable coins will bridge traditional finance (TradFi) with decentralized (DeFi) and regenerative finance (ReFi) to verify carbon impact. By allowing investors to tokenise every dollar of investment and track the carbon emission reductions that result from the projects and assets they invest in, the platform creates confidence in green investment, helping to crowd in capital for genuinely impactful projects. With a goal of mobilizing and tokenizing on Alephium $100 billion over the next decade, the platform – and the green funds it supports – has already attracted significant interest, with further details to be announced in due course.

Headquartered in Abu Dhabi Global Market (ADGM), a hub for global sustainability, GIGATONS is collaborating with a broad network of partners to execute this transition at unprecedented speed and scale. Key partnerships include government entities such as the Abu Dhabi Investment Office, The UAE Ministry of Energy and Infrastructure, and Abu Dhabi Mobility, alongside private sector leaders like ABB. As part of the company’s unveiling, GIGATONS announced its first global net-zero projects: collaborating with Flow Power to rollout an EV charging network in Australia and partnering with Hearst to launch a solar-powered Bitcoin mining project with verifiable on-chain carbon accreditation. 

Why Alephium? A Natural Choice for GIGATONS' Ambitious Vision

Alephium was selected after a rigorous evaluation process due to its next generation Proof of Work (PoW) consensus, which remains the most secure and decentralized blockchain technology. Unlike others, Alephium’s PoW is uniquely scalable and energy efficient, making it the ideal solution for high-impact projects like GIGATONS that require scalability, security and environmental responsibility.

 - Scalable Infrastructure: Alephium’s innovative Blockflow technology ensures that it can handle the enormous demands of GIGATONS’ global projects.

 - Security and Smart Contracts: With its robust architecture and powerful programmability, Alephium provides the unparalleled security required to protect and manage the $100 billion GIGATONS aims to tokenize over the next decade. 

 - Sustainable Technology: Alephium’s energy-efficient Proof-of-Less Work (PoLW) consensus is aligned with GIGATONS’ mission, significantly reducing energy consumption while maintaining the highest security and decentralization standards.

“After evaluating all options, Alephium stood out as the only decentralized blockchain able to deliver the scalability, security, programmability and sustainability we need.” said Heston Harper, Co-CEO of GIGATONS and CEO of GIGATECH. “This partnership equips us with the cutting-edge technology required to safeguard and mobilize the $100 billion we aim to tokenize over the next decade, driving our ambitious mission in the net-zero era.”

“We’ve always believed in building technology that not only excels technically but also aligns with global priorities,” said Cheng Wang, Founder of Alephium. “Being chosen by GIGATONS validates our mission and proves that a lean, determined team with the right vision can make an outsized impact.”

For more information about Alephium and its partnership with GIGATONS, visit Alephium.org and GIGATONS.com.

About GIGATONS
Headquartered in ADGM, Abu Dhabi, UAE, GIGATONS is a next-generation technology and funding platform business accelerating gigatons of CO₂ reductions by scaling Net Zero Transport and Critical Power Infrastructure. By mobilising and tokenising capital, and integrating blockchain, AI, and leading-edge sustainable energy technologies, GIGATONS’ GIGA Protocol unlocks scalable, verifiable, and impactful transition era opportunities worldwide. Building on the success of GRIDSERVE, the UK’s leading sun-to-wheel EV charging business created by the founders of GIGATONS, the business aims to replicate and expand these achievements globally.  

About Alephium
Alephium is a next-generation Proof-of-Work blockchain combining scalability, energy efficiency, and smart contract capabilities to enable decentralized solutions for a better future.

For further information and to arrange interviews, please contact:  

Will Spragg 

will.spragg@greenhouse.agency  

+447528307499 

Jessie Wilson 

jessie.wilson@greenhouse.agency 

+447763540629

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GIGATONS, the groundbreaking climate tech funding and technology platform, has joined forces with Alephium, the pioneering layer-one blockchain designed for energy efficiency and scalability. This partnership promises to redefine how we tackle the transition to a net-zero world by leveraging cutting-edge blockchain technology to drive transparency, scalability, and sustainability in climate action.  GIGATECH, GIGATON’S technology arm will build its technology stack natively on Alephium notwithstanding it’s  

Synergies for a Cleaner Future 

The partnership merges GIGATONS’ mission to catalyse the world’s transition to net-zero with Alephium’s energy-efficient and scalable blockchain technology. Together, they aim to empower businesses and projects with the tools to unlock lucrative opportunities in the transition era while ensuring a clean, transparent, and accountable process. 

 - Scalability with Sustainability: Alephium’s innovative “Proof of Less Work” mechanism ensures blockchain operations use up to 92% less energy compared to traditional proof-of-work systems. 

 - Funding with Transparency: GIGATECH will utilize Alephium’s blockchain to create an open, verifiable system for climate investments, ensuring that funds drive real impact. 

 - Verifiable Assets and Impact: GIGATON’s has a tier one pipeline of net zero Real World Asset and projects, and is working with some major institutions and global brands with more that will be coming on chain all the time 

 - Pioneering AI and Blockchain Infrastructure: As AI and blockchain shape the smart, connected future, this partnership ensures these energy-intensive infrastructures are powered sustainably.  

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Industry Insights 

The world faces an urgent call for action: climate finance must triple by 2030 to meet net-zero targets, and transparency in these investments is non-negotiable. Blockchain, with its immutable record-keeping and verifiability, is poised to revolutionize the sector. Alephium’s technology ensures that these advancements come at a fraction of the environmental cost, aligning perfectly with GIGATONS’ ethos. 

Key Data Points 

 - Global blockchain energy consumption projected to increase by 20% annually unless sustainable technologies are adopted. 

 - Investments in climate tech grew by 210% from 2020 to 2023, emphasizing the need for scalable funding solutions. 

 - Alephium has solved for Bitcoins energy intensity with its groundbreaking Proof Of Less Work consensus algorithm, at the same time as offering state of the art, secure programmability and super high chain throughput (through sharding)—an unprecedented combination in blockchain technology. 

Quotes from the Leaders 

Heston Harper, CEO of GIGATONS: 

“The transition to net-zero is the most significant economic and environmental opportunity of our lifetime. Blockchain is a key technology enabler in our mission - we’re not just scaling capital and net zero infrastructure; we’re embedding transparency, trust, and sustainability into the very DNA of how the transition era will be built. 

We explored a number of chains to meet our needs, but Alephium’s technology stack sits head and shoulders above everything else in the space right now – the balance they bring to the table in terms of scalability, security, and decentralisation opens the doors to extraordinary levels of transition era commerce.” 

 

Cheng Wang, Founder of Alephium: 

“Blockchain’s potential to drive transparency and trust in global systems is undeniable. A core part of our day one thinking was ensuring scalability, security, programmability and sustainability – we believe Alephium offers these in dimensions no other layer one chain has been able to do so to date.  Our partnership with GIGATONS, is super exciting – our technology stack and its potential is now being realized in the most sustainable and impactful way possible, laying the foundation for a smarter, greener future.” 

 

Testimonials 

 “GIGATONS has unlocked new opportunities for our climate project, and with Alephium’s blockchain, we can now show our investors every step of the journey with complete confidence.” 

Loic Ricci, CEO Hearst Capital 

 

“Alephium’s energy-efficient blockchain is the missing piece we’ve been looking for to make climate financing transparent and accountable.” 

Mark Lee, Sustainable Investment Analyst 

 

The Value Proposition 

 This partnership proves that climate action and profitability can go hand-in-hand. Blockchain technology provides the transparency and trust essential for unlocking the vast opportunities of the transition era—while ensuring every watt of energy used serves a sustainable purpose. Together, GIGATONS and Alephium are setting a new standard for how AI, blockchain, and clean energy work together to build a better future. 

 

For media inquiries, please contact: 

Will Spragg 

will.spragg@greenhouse.agency 

+447528307499 

 

Jessie Wilson 

jessie.wilson@greenhouse.agency 

+447763540629 

 

About GIGATONS 

GIGATONS is a leading climate tech platform driving the world’s transition to a net-zero economy by connecting innovation, funding, and impact. 

 

About Alephium 

Alephium is the world’s first operational layer-one blockchain based on the Proof of Less Work algorithm, combining security, scalability, and sustainability to create a greener future.