UAE signs deal to develop carbon credit system on Venom Foundation blockchain By Cointelegraph
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The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with the Industrial Innovation Group and the Venom Foundation.
Blockchain technology is utilized by organizations and countries to track carbon credits. Due to the immutable nature of data inscribed on-chain, these credits can be securely sold or traded with total transparency for all interested parties.
Continue Reading on Coin Telegraph
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The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with the Industrial Innovation Group and the Venom Foundation.
Blockchain technology is utilized by organizations and countries to track carbon credits. Due to the immutable nature of data inscribed on-chain, these credits can be securely sold or traded with total transparency for all interested parties.
Continue Reading on Coin Telegraph
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