Dr Takeshi Takama (CEO)

Jun 28, 20211 min

[blockchain] Latest news connecting the carbon offset with cryptocurrency!

While designing a carbon offset program with blockchain for our biogas digesters, I received an email explaining the current blockchain initiatives working on climate change.

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Business got hectic. The world has been looking at the carbon offsetting ecosystem, trying to understand the difference in which it can integrate with crypto companies. A massive part of the narrative is Elon Musk accusing bitcoin of being environmentally damaging - many more prominent players in the space are looking to be carbon neutral or even negative.


 

The Crypto Climate Accord, which exists before Elon's criticism, recently partnered with a blockchain that's receiving many hypes at the moment called Enjin.

https://cryptoclimate.org/ https://www.investingcube.com/enjin-joins-the-crypto-climate-accord-and-is-now-carbon-negative/


 

Another good examples of this trend is Gemini recently partnering with Climate Vault (https://climatevault.org/) https://www.prnewswire.com/news-releases/gemini-offsets-bitcoin-carbon-emissions-launches-gemini-green-301319276.html


 

The type of partnership that might be most beneficial to pursue is similar to the one Celo (a blockchain) had with Project Wren the result as they claim: "its first year of operation, the Celo platform offset 2219.5 tons of CO2 through Project Wren" have a read of this for more info: https://medium.com/celoorg/celo-to-go-carbon-neutral-with-project-wren-66f7dda5512d


 

Other noteworthy examples are:

This project is interesting as it integrates NFT's (which is digital artwork) into their approach

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