EcoCREDIT is an ecosystem that is purpose-built to acquire and tokenize carbon credits, making it easy for consumers to offset their carbon-generating activity. Voluntary carbon credits represent the carbon removed from the environment when ecological projects plant trees, remediate wetlands and heal the planet:<ul><li>Power the Engine. EcoCREDIT provides the necessary liquidity to purchase verified carbon credits from the world-class partner brokers</li><li>Tokenize the Carbon Offsets. Every ton of carbon offset is tokenized in the form of a CC token, allowing customers to easily offset their carbon footprint</li><li>Change the World. EcoCREDIT verifies the state of these CC tokens, ensuring an immutable record of offset carbon and bringing transparency to the marketplace.</li></ul>EcoCREDIT tokens are the protocol native scarce asset that serves as the medium of exchange for applications that use EcoCREDIT for tokenized carbon offsets.Ecolands boasts exciting, gamified features in a dynamic virtual environment. Track the impact of your sustainable purchases and monitor your carbon footprint, all while growing your personal virtual world. Any digital asset purchased from the Ecolands marketplace goes directly towards purchasing carbon offsets and fighting climate change. When users offset an item in the form of an NFTree purchase, they claim that item in Ecolands! This process lets users show off their commitment to sustainability while secure uniquely rare platform-native assets.&nbsp;

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The Technology Innovation Institute in Abu Dhabi has launched a blockchain geared towards tracking carbon emissions and facilitating trading amid growing climate concerns. In a Dec 5 post on X (Twitter), the institute disclosed that its Cryptography Research Center has launched the blockchain as it represents the country’s commitment and drive to leading the world’s […]
The post UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading appeared first on Cryptonews.

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UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading

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UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading