Veridium Labs teams with IBM and Stellar on carbon credit blockchain

0
54


photo credit: techcrunch

Veridium Labs has been trying to solve a hard problem about how to trade carbon offset credits in an open market. The trouble is that more complex credits don’t have a simple value like a stock, and there hasn’t been a formula to determine their individual value. That has made accounting for them and selling them on open exchanges difficult or impossible. It’s a problem Veridium believes they can finally solve with tokens and the blockchain.






Source: techcrunch.com

Follow @3neelkenya for every new tech story

TRENDING ON TWITTER

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Leave Us A Comment

comments