Energy-Blockchain Labs and IBM Create Carbon Credit Management Platform Using Hyperledger Fabric on
IBM press release ------ IBM (NYSE: IBM) today announced the world’s first blockchain-based green asset management platform based on the open source, openly governed Hyperledger Fabric. In use by the carbon asset market in China, it allows enterprises to generate carbon assets more efficiently, helping to build a green, low-carbon and environmentally-friendly future in China. Carbon asset development, also known as CER (Carbon Emission Reduction) quota issuing, is one popular ways of encouraging enterprises to decrease emissions and use low carbon emission technology. “It is estimated that the platform will significantly shorten the carbon assets development cycle and reduce the cost of carbon assets development by 20 to 30 percent, enabling cost-effective development of a large number of carbon assets,” said Cao Yin, Chief Strategy Officer of Energy-Blockchain Labs. “Blockchain technology is expected to become an important means for effective control of carbon emissions, which is of great significance to China, the world's largest source of carbon emissions." To learn more click on the picture below to read the release.