Ridesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchai...

Ridesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchai...

Cabify, one of the world's largest ridesharing companies, is moving to offset its carbon emissions with the help of blockchain marketplace ClimateTrade.


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My Clean Sky, an innovative company out of Australia led by CEO Guy Lane, allows users around the world to offset their carbon emissions. Every time you drive or take a plane from point A to point B, you are creating excess carbon and contributing to global warming. In fact, every minute your computer runs, every time you download the blockchain: Carbon is emitted. Most of us have accepted this fact and don't think twice about it because not using cars, planes, or computers is not a possibility. For those whom would still like to quiet their burning conscious, My Clean Sky provides an....

Mastercard NFTs will help consumers offset carbon ‘down to a cup of coffee’

Mastercard is set to incorporate carbon footprint tracking into its blockchain-based solution, to help consumers offset carbon emissions through their purchases. Leading payment technology provider Mastercard will help consumers directly offset carbon emissions and choose better products for the environment via its blockchain-based Provenance Solution.The system provides such granular detail that consumers can choose a more environmentally friendly cup of coffee, or a sustainable T-shirt, by interacting with the carbon credits directly related to that item, as represented by a nonfungible....

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Universal Protocol Alliance introduces tradable carbon token

“Combine a digital asset with a rainforest carbon offset and give everyone in the world access." An alliance of crypto firms is introducing tokenized carbon credits for individuals to offset the amount of carbon dioxide they contribute. According to a Dec. 1 announcement, the Universal Protocol Alliance, or UPA, has launched a tradable carbon token on a public blockchain. The UPA stated that crypto users can “burn” the Universal Carbon token, UPCO2, to offset their carbon footprint. However, they also have the choice of holding the tokens, or trading them like any other digital asset using....