Questions tagged [cryptocurrency carbon credit]

JejuSunshineSoulMateWarmth Mon Jul 01 2024 | 7 answers 1334

I'm curious to delve deeper into the intersection of environmental sustainability and cryptocurrency. Given the increasing global concern for carbon emissions and environmental degradation, does the crypto world offer any innovative solutions? Specifically, is there a cryptocurrency that functions as a carbon credit? If so, how does it work? Does it provide incentives for businesses or individuals to reduce their carbon footprint? Furthermore, how is the carbon credit cryptocurrency verified and validated to ensure its credibility and integrity? I'm eager to understand the potential impact this type of crypto could have on our environmental efforts.