CarbonAi Enables Institutional-Grade Clean Cookstove Asset Authentication with SMART Instruments™

CALGARY, Alberta--(BUSINESS WIRE)--CarbonAi, a pioneering, configurable data platform, today announced plans to implement the SMART Protocol™ across millions of clean cookstove assets to be deployed on its Spark DMRV platform. This milestone establishes a new institutional-grade, independent reference instrument called the SMART Instrument™ for authenticated, auditable digital assets to deliver the level of trust and integrity demanded by global capital markets.

As the tokenization of global markets becomes ubiquitous, CarbonAi’s platform, through its phased deployment of the SMART Protocol, will ensure that real-world producing assets and their respective operational data will be securely identified, aggregated, verified, authenticated, tokenized and distributed with direct, auditable traceability to immutable source data.

The SMART Instrument utilizes the DAML smart contract language to enforce data governance and asset lifecycle management on the distributed ledger through authenticated profiles for each physical asset. The SMART Instrument also supports permissioned data access for trading and finance applications across major registries and capital providers while ensuring institutional-grade privacy. It is applicable to renewable energy assets, low-carbon fuels, clean cookstoves, natural capital and physical assets in general.

“Bringing authenticated cookstove data on-chain is a significant step in establishing measurable environmental impact and unlocking scalable, performance-linked finance for clean cooking solutions,” said Ryan Arsenault, Founder and CEO of CarbonAi. “By using and integrating SMART Instruments that enable a path to the Canton Network’s institutional finance ecosystem, our platform provides the crucial link between emerging economies and the global financial system, particularly in the context of global carbon markets.”

“CarbonAi’s leadership in enabling the tokenization of authenticated, asset-level data in a widely distributed asset type like clean cooking ensures integrity in the age of generative AI. It is transformative for climate finance and environmental markets,” said Joe Madden, Founder and CEO of Fiùtur, developer of the SMART Protocol and SMART Instruments. “Their efforts, combined with the acceleration of institutional tokenization, point to a world where real-world asset production data, capital access and commodity markets converge.”

About CarbonAi

CarbonAi is a world-leading developer of solutions that enhance how organizations measure, monitor, manage, and monetize performance data across environmental, operational, and financial domains. Its software and tools create immutable, transparent, and traceable datasets from the point of origin through to the issuance of digital assets and verified outcomes, ensuring data integrity and delivering trusted results for any market that depends on reliable information.

By cryptographically securing data originating from real-world assets and maintaining immutable, hashed provenance, CarbonAi provides the digital trust infrastructure required for institutional-grade finance.

Learn more at: carbonai.ca

About the Canton Network

The Canton Network is the only public, permissionless blockchain purpose-built for institutional finance—uniquely combining privacy, compliance, and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. Originally developed by Digital Asset and now open-sourced, the network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at: canton.network.

About the SMART Protocol

Developed by Fiùtur, the SMART Protocol™ governs the verification, attestation, and issuance of digital instruments on the Canton ledger using DAML smart contracts. It enforces data integrity, traceability, and cryptographic authenticity across the instrument lifecycle, ensuring tokenized financial value is verifiable and tamper-resistant.