Decentralized Exchange Bancor Starts On-Chain Trading Platform Carbon
The platform allows users to create a single concentrated liquidity position that buys and sells in specific price ranges. Source
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Carbon
ANZ Bank Completes Carbon Credits Trading as Part of Australia’s CBDC Pilot
Australia's CBDC pilot, run by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), began last year to explore use cases for a CBDC. The DFCRC is a 180 million Australian dollar (US$124.3 million) program, funded by industry partners, universities and the Australian Government. Source
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ANZ bank completes Australian CBDC use case for carbon credit trading
Australia and New Zealand Banking Group (ANZ) has completed its use case in the pilot project run by the Reserve Bank of Australia (RBA) and Digital Finance Cooperative Research Centre using central bank digital currency (CBDC). ANZ partnered with Grollo Carbon Ventures (GCV) to trade carbon credits.ANZ tokenized Australian Carbon
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Ethereum-Based Carbon Tracker Carbonable Raises $1.2M to Tackle Greenwashing
Carbonable uses the Ethereum scaling overlay built by Starkware, which is also an investor in the seed round, to keep tabs on the carbon credit lifecycle, from the selection of the projects to the monitoring, issuance and retirement of carbon credits. Source
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Carbon market gets a much-needed boost from blockchain technology: Web3 exec
Automated systems and blockchain technology are being increasingly utilized to improve the efficiency and accuracy of the carbon market, a critical component in the fight against climate change. Cryptox spoke to Bill Kentrup about the role of blockchain technology in digitizing verifiable data in the carbon market. Kentrup is the head
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UK blockchain carbon offset platform raises $45M in seed funding
According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9 trillion in assets under management. The banks are BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest,
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Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network.Set to launch sometime in mid-2023, the AUDN stablecoin is aimed at streamlining cross-border remittances and carbon credit trading, according to a Jan. 18 report from the
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Dogecoin DOGE Sees Its Carbon Footprint Reduce by 25%, Here’s Why
DOGE may have been particularly focused on environmental sustainability – one of the most topical issues of the blockchain industry.Recent research from Forex Suggest has shown that Dogecoin (DOGE) was able to reduce its carbon footprint by a whopping 25% in just a year. DOGE was the only meme coin
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Putting carbon credits on blockchain won’t solve the problem alone: Davos
Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue.During a panel session in Davos, Switzerland, moderated by Cryptox’s editor-in-chief Kristina Lucrezia Cornèr on Jan.
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Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72 parts per million, a new record high in 2021, as reported by the National Oceanic and Atmospheric Administration's Climate in the United States. With the impact of these emissions on climate change
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