Tokenization of carbon credits
The tokenization of carbon credits is an emerging application of token technology. Carbon credits are some kind of permits that allow the holder to emit a specific amount of carbon dioxide or any other greenhouse gases, to fight climate change by capping emissions and facilitating a market for buying and selling these credits. Traditional carbon credit systems can suffer from inefficiencies and also susceptibility to fraud. Tokenizing carbon credits converts them into digital assets on a bloc...
Tokenization of carbon credits
The tokenization of carbon credits is an emerging application of token technology. Carbon credits are some kind of permits that allow the holder to emit a specific amount of carbon dioxide or any other greenhouse gases, to fight climate change by capping emissions and facilitating a market for buying and selling these credits. Traditional carbon credit systems can suffer from inefficiencies and also susceptibility to fraud. Tokenizing carbon credits converts them into digital assets on a bloc...
