Climate Trade Carbon Offset Market Place and Algorand (ALGO) The Green Blockchain
Blockchain is the future. However, a green blockchain which is carbon negative provides for a better future. The Algorand blockchain technology has empowered creators to do so much using less energy. Algorand are all about making use of modern and energy-efficient technology.
Being a carbon-negative blockchain, Algorand are proud to showcase their commitment to sustainability and advocacy towards to build a greener future – as they have been proving time and again that it is very important to build tech which is environment friendly.
Climate Trade, is a market place which is focused on reducing carbon emissions to achieve carbon neutrality. The API (Application Programming Interface) of Climate Trade makes it possible for developers to create Carbon Neutral products.
“The Climate Trade Smart Contract will make it possible for Algorand to allocate a part of Algorand’s blockchain transaction fees to buy carbon credits at Climate Trade, the Carbon Offset Market Place.”
Algorand has been able to “log its on-chain carbon footprint” with the smart contract provided by Climate Trade to eventually put an equal amount of carbon credits in a green treasury.
Staci Warren, stated that the Climate Trade Smart Contract will ensure that Algorand blockchain remains eco-friendly in the long term and she hopes that other firms will be doing the same. Staci also believed that this move of Algorand will encourage their partners and other blockchain protocols to lower their carbon footprint. She also stated that it is also the duty of every tech company to ensure that they are building a sustainable future.
The good thing is that the Algorand team are able to provide a blueprint of how they are able to contribute to being carbon negative.
The purpose of Climate Trade is to empower companies to offset their Carbon Emissions in a transparent way through blockchain technology. To date, Climate Trade’s marketplace has sustainable projects in more than 20 countries.
Climate Trade play a very important role in taking control of the company’s carbon emissions. This is about every company being able to do their part for the health and well-being of the planet.
All the projects on Climate Trade are verified and therefore it will be possible to achieve certified emissions reduction. The marketplace permits the user to manage the carbon offsetting activities of the company in the most cost-effective way.
The API and Widget are easy to integrate into anyone’s business platform – so all the products or services become carbon neutral. Also, Climate Change are providing a tailor-made carbon footprint calculator for particular industries.
Climate Change helps offset carbon footprint to combat climate change in the most effective and economically efficient manner with their innovative digital solutions.
The well known clients of Climate Change are IBERIA, Telefonica, Acciona, Santander, Norauto, ITec, cabify, BMEX, MELIA, International Airlines Group, DANONE, Llunch Essence, Suez environment, Lavazza, Mapfre. The case studies are available for those who want to know in full.
Climate Change also offers to abide by a verified carbon standard. By applying blockchain technology to the world of environmental offsetting achieves the definitive level of traceability in these operations is made possible. The multinodular information storage system has made it possible. The transparency and speed are at their best.
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