Howe-Baker International, a leader in design and engineering for the energy sector, announced the signing of a Memorandum of Understanding (MoU) with D.Energy, a layer 1 blockchain pioneering clean energy protocols. This strategic partnership aims to advance the research and development of implementing blockchain technology in the generation of clean H₂.

Under the terms of the MoU, Howe-Baker and D.Energy will collaborate to explore and develop blockchain-based systems to enhance the efficiency, transparency, and security of H₂ production processes. The collaboration aligns with both companies' commitment to fostering innovation and sustainability in the energy sector, heralding a new era of clean H₂ production powered by blockchain technology.

Key objectives of the collaboration:

• Efficiency enhancement: Utilizing blockchain technology to optimize H₂ production processes, reducing costs and improving overall efficiency.
• Transparency and traceability: Ensuring transparent tracking of H₂ production from renewable sources to end-users, enhancing trust and accountability in the supply chain.
• Security and data integrity: Implementing robust blockchain solutions to safeguard data integrity and prevent unauthorized access or tampering.
• Sustainability goals: Contributing to global efforts to reduce carbon emissions by promoting the adoption of clean H₂ as a viable and sustainable energy source.

"We are thrilled to partner with D.Energy on this groundbreaking initiative," said Layken White, president of Howe-Baker. "Combining our extensive experience in energy infrastructure with D.Energy's blockchain expertise, we are poised to revolutionize the clean H₂ production industry. This collaboration not only supports our sustainability goals but also positions us at the forefront of technological innovation in clean energy."

Shafi Rafi, founder of D.Energy, said, "This MoU marks a significant milestone in our mission to integrate blockchain technology into the energy sector. By partnering with Howe-Baker, we aim to develop scalable and secure blockchain solutions that will drive the future of clean H₂ production. Together, we are committed to creating a more efficient and sustainable landscape for On-Chain Real World Assets (RWAs)."