A Mission to Better Manage Emissions with BlockchainHeard of carbon credits? They’re permits t

A Mission to Better Manage Emissions with Blockchain

Heard of carbon credits? They’re permits that help manage carbon emissions. Countries and businesses receive credits from a governing authority allowing them to produce a given amount of carbon emissions. If they produce less carbon than they’re allotted, they can sell the remaining credits. In theory, this promotes cleaner, greener business practices, but managing carbon credits is a complex process, as there’s no central exchange for trading them. IBM is tackling the problem head-on, working with Veridium, an eco-minded coalition of industry leaders, to manage carbon credits on Stellar, a public blockchain network. IBM is committed to environmental stewardship, and by helping carbon credits work harder on blockchain, IBM is working to better protect our environment and make the world a better place for everyone in it.

Learn more about trading carbon credits with blockchain ->