Homepage / Technology / IBM joins forces with a start-up to combine crypto with environmental credit trading
Les Gambling establishments en Ligne en France 2024 200% Reward + 300 Free Rotates LevelUp Internet casino Melbourne En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi Le meilleur casino en ligne franзais Extra Casino avec le dйpфt minimal le in addition bas Yeni Casino Siteleri ᐈ Çevrimiçi Kumarhaneler Mart 2024 Les gambling establishments en ligne proposent une grande variйtй de jeux de internet casino gratuits. Türkiye’deki Resmi Web Sitesi Google Play, Türkiye’de kumar oyunlarına izin verecek Her Gün Tatil Olsa ORDU’DA PAZARTESİ GÜNÜ FINDIK FİYATI NASIL? كازينو اون لاين الكازينوهات الممتازة على الإنترنت ألعاب الكازينو المباشرة مينا كازينو العر Google Play, Türkiye’de kumar oyunlarına izin verecek Domain Sorgulama & Domain Fýrsatlarý Canlı Casino Siteleri: 2024 Güvenilir Siteler Seçilmiştir Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın 1xbet Türkiye Giriş Empieza Kayıt 202 Kumar Ve Kumarhaneler Hakkında Pek İlginç 21 Bilgi Kumarhane Doğru Yazımı Nedir? Tdk Ile Kumarhane Kelimesinin Doğru Yazılışı! Mobilbahiste En İyi Kumar Bonusları Ve Kazançlar Mobilbahis Giriş Sayfası On Line Casino Siteleri En Iyi Casino Siteleri 2024 Mostbet: Türkiye’de Internet Casino Mostbet Online Slotlar Ve Canlı-casin Pin Up Casino Oyna Türkiye, Pinup’un Sah Web Sites Ifade Haberleri Son Dakika Ifade Hakkında Güncel Haber Ve Bilgiler “önceliğimiz Transferin Önünü Açmak, Görüştüğümüz Yerler Var” On Line Casino Nuh’un Gemisi Deluxe Resort & Spa, Kıbrıs Bonus Veren Siteler 3 000 Den Fazla Online Oyunu Ücretsiz Oyna En Tehlikeli Kumar Oyunu Ekşi Sözlük Deneme Bonusu Veren Siteler Deneme Bonusu 2024 Explore the Magic of WildCardCity Güvenilir Bahis Siteleri En İyi Kumar Siteleri Balıkesir Triatlonuna Avrupadan Ödül Tricks of the Aviator gambling establishment game by Spribe Çevrim Içi Kumar Siteleri “bonus” Yalanıyla Kandırıyor En Güvenilir Canlı On Line Casino Siteleri Xbetting-tips Com Uncovering the Abundant Tapestry of Ozwin Gambling establishment Evaluating Board Portal Providers Uncovering the Wealthy Tapestry of Ozwin On line casino Electronic Data Area Providers Evaluation Cobra Internet casino: Raising the Australian On the internet Video gaming Practical experience 4 Things to Search for in Safeguarded Cloud Safe-keeping Fastpay On line casino Australia – Simple and No-Taxation Wagering Web page officielle franзaise de Joka Gambling establishment The Software Development Universe Game Woo Internet casino – Enjoy Slot machine games around australia Ostdeutsche Biersorten What Are Virtual Data Rooms? Vitamin D Receptor Polymorphisms Revue du Casino BlackLabel Faktory, kterй ovlivnujн hodnocenн ceskэch online kasin How to Make the Most of Your Web Development Organization and Advertising Efforts L’essor des casinos en ligne en France Boost Meeting Efficiency With Boardroom Technology Developments WildJoker Casino WildCardCity On line casino – Guaranteed Australian Gambling Portal WildCardCity Casino – The Ideal On the internet Gambling establishment within australia Modern Technologies Produce Sharing Documents Online Faster and More Protect Free Virtual Info Room pertaining to Speedy Due Diligence A Review of Data Area Software For people who do buiness Five Board Bedroom Features Which will help You Acquire a More Productive Boardroom Electronic Systems To your Business Understanding Legal Terms and Laws in Today’s World The Laws and Contracts of Hollywood: A Sunset Blvd. Tale Legal Discussion Between Johnny Cash and Antonin Scalia Legal Insights: What Teens Should Know Legal Issues and Exceptions: What You Need to Know Legal Insights and Expert Analysis Celebrity Dialogue: Legal Matters in the 21st Century Famous Personalities Discuss Legal Issues The Boys in the Boat: Legal Advisors and The Quest for Legal Knowledge Understanding Legal Matters: Q&A on Criminal Law, Joint Ventures, and More Enticing Title The Departed: Understanding Basic Work Requirements and Legal Rights Youth Slang Blog Article Legal Insights: A Journey into the World of Law The Ins and Outs of Legal Matters: Everything You Need to Know Legal Insights and Trends: A Rap Guide Mysterious Legal Matters Unveiled Insights and Information: Understanding Various Laws and Regulations Famous People of the 21st Century The Circle of Legal Life The Intersection of Fashion Law, Legal Translation, and THC Oil: A Modern Legal Guide Legal Q&A: Understanding Joinder Federal Rules and More Understanding Legal Terms and Conditions: A Comprehensive Guide Understanding Legal Documentation in a Fun Way! Understanding Legal Aspects: From Islamic Law of Inheritance to Farm Law Protests Understanding Legal Rights: A Guide to Legal Regulations and Requirements Understanding Legal Guidelines and Agreements Famous 21st Century People in Conversation Mysterious Legal Matters Unveiled Legal Matters and Real Estate: A Conversation Between Cameron Boyce and Donald Trump Understanding Legal Expertise and Why It Matters Legal FAQs and Expert Services Understanding Legal Ramifications: Common Law Ontario Health Benefits and More The Ins and Outs of Legal Requirements: From FBI Academy Physical Requirements to Silver Lake Fishing Rules The Legal Underworld: Understanding the Significance of Laws and Rights Legal Conversations: A Dialogue Between Jon Jones and Chadwick Boseman Legal Beats: Bobcats, Real Estate, Babysitting, and More

Technology

IBM joins forces with a start-up to combine crypto with environmental credit trading

IBM has partnered with an environmental tech start-up to turn carbon credits — tradable instruments aimed at reducing greenhouse gas emissions — into digital tokens.

The tech giant announced on Tuesday that it is working with Veridium Labs, a firm that creates environment-related cryptocurrencies, to make it easier to trade carbon credits using blockchain technology.

Blockchain, also known as distributed ledger technology, is most popularly known as the tech that underpins cryptocurrencies like bitcoin. It enables participants to register transactions across a vast network of computers.

But, increasingly, firms in other sectors are showing an interest in distributed ledger because of its ability to handle massive amounts of data within a transparent, immutable network.

Veridium will use IBM’s technology to issue and manage carbon credit-backed tokens on the blockchain network created by Stellar, another start-up IBM has been working with. IBM said the carbon credit tokens will be fungible, meaning that they can be exchanged for another asset of the same type.

Carbon credits are permits that allow governments and other organizations to emit a limited amount of carbon dioxide with the aim of reducing their carbon footprint. The certificates limit emissions to the equivalent of one ton of carbon dioxide.

While environmental credits are already traded, IBM and Veridium said that the current structure of the market creates too much friction.

“Right now, if you look at the carbon credit market — specifically the voluntary carbon credit market — they’re traded through bilateral agreements which means there’s a lot of friction involved,” Jared Klee, director of digital asset registry at IBM, told CNBC in a phone call.

“They’re not fungible assets, you see that in pricing that one can be very different, the same asset with large price fluctuations between two of them. And we see that reflected in other places like secondary volumes and what not.”

The initial carbon credit tokens will include Triple-Gold Certified REDD+ credits from InfiniteEARTH, a company owned by Veridium’s parent organization EnVision.

IBM and Veridium also plan to eventually let traders hedge potential environmental impacts using the blockchain platform, Klee said.

Big Blue partnered with blockchain start-up Stellar in 2017 on a payments platform that uses the latter’s lumens tokens to rapidly clear and settle cross-border payments.

Several cryptocurrencies, including Stellar’s, shot up in value late last year, with bitcoin’s price coming close to nearly $20,000 a coin. Stellar’s cryptocurrency is currently the eighth-largest in terms of market value, according to industry website CoinMarketCap. Rather than functioning as a cryptocoin like bitcoin, Stellar’s digital token lets users exchange government-backed currencies.

But IBM has said is not interested in the cryptocurrency aspect of blockchain technology. IBM’s blockchain is permissioned, meaning it only allows a limited number of trusted parties to access it. This is different to bitcoin’s blockchain, which lets any user access it.

The company has been investing heavily in the technology, forging partnerships with the likes of Walmart and Nestle on tracing food contamination, and creating a joint venture with shipping giant Maersk on trade.

Source: Tech CNBC
IBM joins forces with a start-up to combine crypto with environmental credit trading

Comments are closed.