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UniCredit advises on blockchain project to record verified water credits for sustainable finance.

Protocol Fundamentals
13 Oct 2026
Tokenpost
View Source
Bullish
UniCredit advises on blockchain project to record verified water credits for sustainable finance.

UniCredit is advising Hypercube on a European Water Credit Sandbox that aims to record verified water credits on the Algorand blockchain. Each credit represents one cubic meter of verified water, potentially supporting environmental finance and new capital market instruments. The project explores how these credits can be used in sustainable finance and expands Algorand's environmental applications. This initiative is currently at the advisory and sandbox stage, following similar blockchain sustainability projects like Enel Group's tokenized solar panels on Algorand.

Algorand (ALGO), the blockchain platform involved in the European Water Credit Sandbox, is trading at Rp2.146 on Pluang, down 4.49% in the last day. The platform shows a market cap of Rp19,39 trillion and a 24-hour trading volume of Rp1,83 trillion. This data is current as of Oct 13, 2026 21:51 WIB.

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