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Stablecoin pioneer Uphold is claiming to have launched the first tradable retail carbon token.The Universal Protocol Alliance, a coalition of blockchain companies led by Uphold and including Bittrex Global, Ledger, Certik and Infinigold, announced the Universal Carbon (UPCO2) token Tuesday. Each blockchain-based UPCO2 token represents a certified measure of carbon dioxide.
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The United States’ formal withdrawal from the Paris Agreement on climate change last week has renewed a sense of urgency in efforts to mitigate global warming. What role could blockchain play in helping prevent climate change? One of the most promising solutions that blockchain technology could offer, experts say, is improving
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"Big Four" firm KPMG says its patent-pending blockchain solution will help organizations measure, report and offset their carbon emissions Source
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U.S. tech giant Microsoft and universities in Germany and Denmark have released a paper outlining the potential benefits of blockchain technology in building an international carbon credit market. The paper, published Monday and titled “Blockchain Application for the Paris Agreement Carbon Market Mechanism – A Decision Framework and Architecture,” specifically looks
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Since the $8,600 lows seen at the start of the week, Bitcoin has mounted a strong comeback, recovering to ~$9,800.A growing number of analysts, however, have said that the recovery is just noise in an otherwise bearish trend. They cite fractals and textbook patterns suggesting that it is only a
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JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report titled “Banking on Climate Change.” The bank recently joined a chorus of
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Several cryptocurrencies such as bitcoin, monero and zcash were featured on the recently released and highly anticipated second season of Altered Carbon,
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Major car manufacturer Mercedes Benz and blockchain startup Circulor are jointly rolling out a pilot aimed at the tracing carbon emissions in the cobalt supply chain.According to a Jan. 30 press release, the project by Mercedes and Circulor comes as part of the Startup Autobahn initiative, aimed at identifying
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Fresh research has challenged the perception that Bitcoin (BTC) mining is irreconcilable with tackling climate change. Major science and technology magazine The New Scientist published a report on the new findings on Nov. 20.Prior research over-reliant on “blanket” assumptionsIn their study, Susanne Köhler and Massimo Pizzol at Aalborg University
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Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves
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