Tokenising carbon credits- the world’s first tradable carbon token
Event Information
About this Event
In this live chat we are joined by Matthew Le Merle, London & Silicon VC co-founder Fifth Era & Blockchain Coinvestors and newly elected Chairman of Universal Protocol Alliance - which has launched the world's first tradable REDD+ carbon credit token.
For too long, economic growth has been seen as something that comes at the expense of the environment. It’s either profit, or the planet. But that’s a false choice. The truth is, the future of finance isn’t on Wall Street. It’s in the rainforest.
Matthew will be sharing with us how they are using blockchain tokenisation of carbon - allowing for anyone to buy, hold, sell or burn carbon credits and giving an alternative way to preserve the rainforest.
Universal Carbon offers REDD+ Carbon Credits and is establishing its own Carbon Foundation and aiming to make crypto less energy-intensive whilst making carbon credits available for retail investors.
Our financial transactions have a bigger effect than we realize.
- A single Bitcoin transaction uses the same amount of power as a typical U.S. household over 23 days.
- The Bitcoin Network’s annual power consumption is equivalent to that of Switzerland.
Universal Carbon aims to make crypto and token-backed assets more sustainable.
Join us to hear about what is next for tradable carbon credits and a way of offsetting your carbon footprint that doesn't cost the earth.
** Big thanks to Tracr for supporting this Tech for Sustainability **
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