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Blockchain tokens create a new way to manage carbon footprints

May 15, 2018 by Abhilasha Fullonton

(Source: PC Mag) Lately it seems like there’s a new blockchain-based solution for everything, but until today there wasn’t a token to quantify a company’s carbon footprint. At the Consensus blockchain conference in New York City this morning, IBM and environmental fintech company Veridium announced a collaboration to transform the carbon credit market. Veridium will use IBM Blockchain technology to create a new digital asset that can be exchanged and managed on the Stellar network. These blockchain-based carbon credits create a more accurate, fungible way to measure emissions for carbon accounting and exchange tokens to offset carbon footprints. Read full article…

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