Carbon Credits – DIGIT INFO

PowerDime launching tokenized renewable energy platform with Chintai

DIGIT — Mon, 02 Dec 2024 19:00:00 +0000

According to data from Market.US, the virtual power purchase agreement market was valued at roughly $16.7 billion in 2023.

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Ghana Leverages Blockchain for Carbon Credit Trade

DIGIT — Fri, 15 Nov 2024 07:30:50 +0000

Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana’s Position as Africa’s Carbon Market Leader Ghana’s Environmental Protection Agency (EPA) has entered into an agreement to add the country’s Ghana Carbon Registry (GCR) to a blockchain-based Internationally Transferred Mitigation Outcomes (ITMO) network. This follows an initial agreement […]

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HKMA Project Ensemble partners with Brazil, Thailand for tokenization

DIGIT — Mon, 28 Oct 2024 18:46:24 +0000

The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating.

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MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations

DIGIT — Tue, 08 Oct 2024 15:45:05 +0000

MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst an ongoing battle for electricity between artificial intelligence (AI) data centers and bitcoin […]

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Blockchain Climate Tech Startup Coral Raises $3 Million

DIGIT — Thu, 26 Sep 2024 11:30:49 +0000

Coral, a climate tech startup leveraging blockchain and AI, has secured $3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi, hire more experts, and improve its AI-powered platform. ‘Full Lifecycle’ Traceability of Carbon Credits Coral, […]

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Hashgraph Association to explore digital asset use cases with Qatar stakeholders

DIGIT — Fri, 20 Sep 2024 12:43:47 +0000

The Hashgraph Association will explore digital asset use cases like equity and real estate tokenization with stakeholders in Qatar.

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WeWork founder’s crypto startup refunds investors after no token launch: Report

DIGIT — Thu, 12 Sep 2024 05:46:48 +0000

Flowcarbon reportedly cited tough market conditions and resistance from carbon registries as the main reasons behind the refunds.

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Australian Bank Halts Development of ETH-Based Stablecoin

DIGIT — Thu, 20 Jun 2024 02:43:31 +0000

The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently […]

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Italy’s central bank calls for framework to prevent stablecoin runs

DIGIT — Thu, 29 Jun 2023 02:20:00 +0000

Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”

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Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances

DIGIT — Thu, 19 Jan 2023 05:19:47 +0000

This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.

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