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Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin and make Filecoin verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy. According to the announcement, the company is set to address the shortcomings of traditional carbon storage solutions by “marrying blockchain’s
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Ripple Labs Inc., the firm whose payment network is powered by the self-described carbon-neutral cryptocurrency token XRP, has partnered with Web3 climate startup Thallo and various other companies to build a carbon credit market on the blockchain. See related article: SEC opposes motions from two firms seeking to back Ripple in
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press release PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative
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A subsidiary of DeFi Technologies, Valour, will debut its new Carbon Neutral Bitcoin Exchange Traded Product (ETP) on the Frankfurt Stock Exchange. Trading of the ETP begins on Sept. 23. The company positions its ETP as a “sustainable and climate-friendly” exposure to Bitcoin with a management fee of 1.49%. The alignment
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Polygon expects to eliminate a considerable amount of carbon traces from its system as the Merge nears. The Ethereum Merge is just around
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International Finance Corp (IFC), a World Bank affiliate focused on investment in less-developed countries, is backing a blockchain-based platform for the trading of carbon offsets. Source
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Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, and blockchain technology is being considered a potential tool to reduce carbon emissions.Cryptocurrencies like Bitcoin (BTC) and Ether
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“Blockchain tokens that represent a CPU made in Taiwan, for example, and a display from Japan can transcend boundaries allowing a sum of all the carbon footprint data and carbon offsets to be calculated including the footprint when the parts are married together,” said Brody. “It’s a really powerful tool
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Crypto Carbon Credits: Slapping Lipstick on a Pig Original Source
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First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes Original Source
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