New global carbon market rules with an NFT cap-and-trade platform emerge from the UN’s COP26 conference.
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Denby McDonnell, Program Manager, Climate Innovation at Ecotrust Canada and Blockchain for Climate Foundation, presented the exciting launch of the BITMO Platform. Here she speaks at the Climate Chain Coalition Press Conference on November 9, 2021, held at the 2021 United Nations Climate Change Conference in Glasgow, Scotland.
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There are sustainability-focused uses of blockchain. The nonprofit group Blockchain for Climate is advocating for the technology to help connect the world's national carbon accounts to trade carbon-emissions reductions. There are also more environmentally friendly cryptocurrency alternatives, including SolarCoin (SLR), Cardano (ADA), BitGreen (BITG), Nano, and Hedera Hashgraph.
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2020 was a big year for us here at Blockchain for Climate Foundation (BfCF). It was the year when our team pushed into the next stage of development: a working MVP for the BITMO Platform.