New Blockchain Platform Simplifies Carbon Credit Trading

New Blockchain Platform Simplifies Carbon Credit Trading

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Compliance Kart has launched a new blockchain-powered platform called ENVR to streamline the trading of voluntary carbon credits and International Renewable Energy Certificates (I-RECs). The platform aims to make these transactions more transparent, secure, and accessible for businesses and project developers.

Available at envr.earth, ENVR connects verified buyers and sellers in a marketplace designed to help combat climate change and promote sustainability initiatives. The use of blockchain technology ensures that every transaction is traceable and trustworthy, and strategic partnerships with global registries help with the seamless management and authenticity of credits. This means businesses can be confident that the credits they purchase are legitimate and support real-world projects, such as reforestation and renewable energy.

The process on ENVR is straightforward. After a verification process, users can list their projects or find existing ones. The platform offers real-time negotiation tools and vintage-based pricing, allowing for transparent transactions. According to CA (Dr.) Alok Panday, CEO of Compliance Kart, “ENVR is a catalyst for a net-zero future.” He added that the platform’s technology and expertise make carbon and I-REC trading more accessible and impactful, empowering people to create a greener planet.

With its user-friendly interface and blockchain-backed smart contracts, ENVR seeks to foster collaboration across various industries to build a more sustainable world. Compliance Kart also plans to develop additional platforms in the future to further enhance global climate solutions.

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ESGNEWS Team

ESGNews.Earth is a platform dedicated to covering the latest developments in sustainability, ESG trends, green finance, EV, technology and corporate responsibility. With a focus on data-driven insights and solution-oriented journalism, ESGNews.Earth provides in-depth analysis of global sustainability efforts. It highlights innovative policies, emerging technologies, and influential leaders driving positive change. Committed to fostering awareness and action, the platform aims to inform businesses, investors, and policymakers.

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