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Research Partnership Between Intertrust and Tsinghua University Shenzhen International Graduate School Aims to Develop Cross-border Carbon Reporting Systems, Laying a Technical Foundation for International Collaboration on Climate ChangeSAN FRANCISCO and SHENZHEN, China, Nov. 16, 2021 /PRNewswire/ -- Shenzhen International Graduate School (SIGS) of Tsinghua University, China's leading technology university, and Intertrust Technologies Corporation, the world's leading trusted distributed computing and rights management provider, today announced a joint research agreement to develop interoperable, cross-border carbon reporting systems. Working with data and platforms between China and the U.S., this research will streamline and legitimize cross-border emissions reporting and carbon trading, which has been stymied by a lack of trust between different international organizations. If successful, the project will provide methods to securely interconnect locally developed carbon reporting systems effectively creating a virtual global carbon reporting platform. The approach allows participants to maintain full control of their systems while providing the world with a consistent and reliable view of progress towards meeting decarbonization goals. The partnership will establish international technical collaboration on climate change, in line with the goals expressed in the cooperation agreement between China and the United States that was recently announced at COP26 in Glasgow. The joint project will develop technical methods to enable regionally developed emissions data systems to work together, even if they run on different platforms. The teams will investigate new mutual authentication technologies, data formats, and compliance robustness rules for interoperating systems. The teams will work with reference platforms developed separately by scientists SIGS Professor, Xingjun Wang, and Intertrust Chief Technology Officer, Dr. David P. Maher, and demonstrate how to take unified action using disparate, secure computing platforms built under different technology regimes. Intertrust has already demonstrated these capabilities with its multi-party, trusted data interoperability platform, Intertrust Platform™. The Intertrust and Shenzhen International Graduate School of Tsinghua University researchers will also develop solutions to enable compliance with regional data governnce laws and regulations, from privacy and enterprise confidentiality to system security policies. This will address any legal or regulatory bottlenecks that may arise in international carbon reporting and trading efforts. This year's COP26 finally established formal rules for an international carbon market, after six years of negotiating around Article 6 of the Paris Climate Agreement. The Glasgow climate deal effectively paves the way for cross-border cooperation on climate change through a centralized system for carbon reporting and a separate bilateral system that enables countries to trade credits that represent emissions reductions. These rules for an international carbon market aim to slash global emissions, provide funds for poor countries, and boost investment in clean energy technologies internationally. Accurate and authenticated emissions data is absolutely crucial to the effective functioning of this international carbon market. Moreover, to prevent the double-counting of emissions cuts, regional carbon data and reporting systems should be able to interoperate effectively. Without accurate and authenticated data, carbon accounting and carbon markets risk being riddled with misrepresentation and distortion. The joint project will address the technical foundations of this international carbon market by developing cross-border carbon data systems. Mutually consistent data governance and authentication mechanisms across platforms, and compliance rules for interoperating systems will greatly support the integrity and effectiveness of Article 6. About Intertrust About The Shenzhen International Graduate School of Tsinghua University: Xingjun Wang's research group at Shenzhen International Graduate School of Tsinghua University has been working in the field of information technology including digital rights management (DRM) and blockchain for many years, with profound technical accumulation. The head of the lab, Xingjun Wang, is a doctoral supervisor and a special allowance expert of the State Council, and has undertaken a series of scientific research projects such as the National Key R&D Special Project of the Ministry of Science and Technology of China. Contact: Intertrust SOURCE Intertrust |