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Transparency and scalability: Two keys to unlocking carbon markets’ potential

Transparency and scalability: Two keys to unlocking carbon markets’ potential

To achieve widespread adoption, new #marketplaces must address concerns about the sourcing and pricing of carbon credits and gear up for the surge in demand from organisations globally to meet their sustainability targets. A currently supply-driven market increases competitive pressures, and the importance of a transparent platform to drive distribution and scale.

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Garry Jones, NovaFori: “New technologies can work hand in hand with the traditional analogue business processes”

Garry Jones, NovaFori: “New technologies can work hand in hand with the traditional analogue business processes”

Technological advancements have not taken place evenly across all countries or even all markets. Financial markets, for instance, have long been the setting for new and innovative solutions such as digital transformation. Many traditional industries such as commodities and logistics are hesitant to introduce new technologies for fear of disruption. In our experience, new technologies can work hand in hand with the traditional analogue business processes, with both benefiting each other.

In addition, the investment needed to embrace these new solutions is now lower than before, with data storage so interconnected and data science growing more mature all the time. As these conditions are put in place across more markets, implementing new systems will be easier and more popular than ever.

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Distortions to UK used-car market can be addressed with marketplace rethink
April 1, 2022

Distortions to UK used-car market can be addressed with marketplace rethink

Supply chain bottlenecks and a sharp rise in fuel prices distorted the market fundamentals behind the highly unusual state of the second-hand market. While there are no overnight fixes to current market conditions, digital B2B marketplaces offer a means to bring transparency, liquidity and efficiency to the second-hand automotive market in which the pressure of high demand for EVs and AFVs will remain a factor for the foreseeable future.

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How democratising the purchase of commodities can solve the mismatch of supply and demand and ESG struggles in the commodity value chain today
March 28, 2022

How democratising the purchase of commodities can solve the mismatch of supply and demand and ESG struggles in the commodity value chain today

Accessibility is key to solving for market gaps. The commodities market in particular holds great opportunity for enhancement as a result of digitalisation, with intermediaries encouraging accessibility in markets and widening to a global level instead of sustaining traditional verticals. Read here for the benefits of democratising the purchase of commodities, and the infrastructure that is resistant to future crises.

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How online marketplaces can help bring NFT adoption into the mainstream
March 15, 2022

How online marketplaces can help bring NFT adoption into the mainstream

Online marketplaces are a conduit for NFT adoption and distribution. The market for NFTs is growing, and as long as NFTs continue to innovate and push the boundaries of traditional art and trade, they will become an important part of our ecosystem. By revolutionising traditional means of selling, the acceleration of digital transformation has further uncovered the power of digital infrastructure. As more businesses adapt to digital marketplace technology, an exciting variety of possibilities will open up for global trade.

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Digital B2B marketplaces can help tackle supply chain squeeze in commodities sector
February 17, 2022

Digital B2B marketplaces can help tackle supply chain squeeze in commodities sector

How can a digitised supply chain drive a carbon-zero future ahead?

In the post-pandemic environment, the commodities sector may retain some of its traditional characteristics, but it will also have changed for good with increased digitalisation.

As the world eyes the prospect of ‘building back greener’ with net-zero emissions targets, digitising the multi-billion-dollar commodity value chain has a part to play, and marketplace technology is a driving force behind industrial transformation. New markets will be created, and existing markets will be enhanced. Inevitably, there will be disruption, accompanied by opportunities for those who embrace change.

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B2B digital marketplace trends for 2022
January 18, 2022

B2B digital marketplace trends for 2022

Among B2B organisations, there is a growing desire to work with valuable partner ecosystems. Digital marketplaces play such a role across both the supply chain and value chain for businesses, bringing transparency, liquidity and efficiency to a world of transactions. Read more here on our expectations for 2022.

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Online auction platforms, NFTs and the art market
January 12, 2022

Online auction platforms, NFTs and the art market

Online auction platforms have accelerated the digital migration of the art market. Whilst this may seem unsurprising amid the headlines of NFTs taking the art world by storm, it is all the more interesting that online auctions have driven continued robust distribution of physical art.

Looking ahead, in the uncertain post-pandemic context, leveraging technology capable of delivering robust buyer and auctioneer experiences will be critical, and not just in the art world.

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Second-hand car industry supply issues drive demand in digital marketplaces
January 6, 2022

Second-hand car industry supply issues drive demand in digital marketplaces

Online marketplace technology is driving digital transformation in the second-hand car market, allowing for greater competition, liquidity, wider distribution networks and easier price discovery, alongside data-driven insights that benefit buyers, sellers, and marketplace owners alike.

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Transparency and integrity critical for carbon trading market
October 18, 2021

Transparency and integrity critical for carbon trading market

NovaFori's technology will significantly enhance the transparency, integrity and quality of carbon credits. Transforming the market by improving trust, driving scale and providing depth in carbon credit pricing to facilitate market liquidity. All with the aim of delivering far more tangible, substantial and lasting environmental impact.

By providing a marketplace with standardised, tradable products and contracts, CIX will increase liquidity and the scale of transactions. With that, the quality of credits will increase and the integrity of the market will be ensured.

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Maintaining transparency in the carbon trading market
October 14, 2021

Maintaining transparency in the carbon trading market

NovaFori will support CIX to deliver a new global carbon exchange, an online marketplace. The platform will use online marketplace technology and provide global access in the purchase of trusted carbon credits.

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NovaFori backs Singapore carbon exchange online marketplace
October 11, 2021

NovaFori backs Singapore carbon exchange online marketplace

London-based B2B marketplace specialist NovaFori has announced a partnership with CIX to build an online marketplace for corporate buyers to purchase trusted carbon credits.

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Media Contacts

Nick Andrews
Account Manager
Sapience Communications
novafori@sapiencecomms.co.uk

Brittany Boles
Sales and Marketing Officer
NovaFori Ltd
brittany.boles@novafori.com

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