Topic: [ANN] Veridium - Automating The World's Carbon Markets - page 2. (Read 636 times)

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No, not yet. In fact, the pre sale haven't started yet. The team is working now with the appropriate regulatory boards to achieve compliance so that U.S citizens will also be eligible to participate.

The EcoSmart beta portal isn't available yet. As per roadmap, EcoSmart beta should launch sometime in December 2018.

has pre sale ended? now it's the end of 2018, has ecosmart beta portal been launched?

Veridium Team Highlights!

Todd Lemons
Chairman, Veridium Foundation







For more details about the team : https://medium.com/veridium-labs/meet-the-veridium-team-5821c451053b

What are carbon credits?

Carbon Credits

Carbon credits are produced by private sector initiatives that quantifiably reduce carbon emissions. The most compelling aspect of carbon credits is that they use “ex-post” accounting. In other words, they are performance based (in arrears). So, a carbon credit is not issued until after the carbon emissions reduction has been created and verified by internationally approved auditors under internationally approved standards.

Carbon Credits can be produced by a number of activities, such as:

Renewable Energy: Replaces fossil fuel powered energy generation.
Improved Land-Use Management: A farmer may switch from nitrogen-based fertilizers (nitrogen is a powerful greenhouse gas) to an organic fertilizer or may rotate crops less frequently.
Reforestation: Companies may plant trees, or even certain species of fast-growing tall grasses, in previously degraded areas. Trees and grasses absorb carbon dioxide.
Avoided Deforestation: Agricultural conversion of forests (deforestation) creates emissions in four ways. First, it reduces the carbon absorption mechanism that trees provide. Second, it usually involves “slash and burn” techniques, which of course cause emissions. Third, it involves “tuning the soil”, which exposes the portion of organic (carbon-based) matter in mineral to oxygen, which then creates CO2 and methane. This can be a particularly large source of emissions in pure organic soils like “peat” soils. Lastly, the industrial agricultural plantation that replaces the forest uses nitrogen-based fertilizers, creating even more greenhouse gasses. Hence, projects that avoid deforestation and conversion of forests to agriculture (known as REDD+ projects) are a powerful tool in combatting climate change. These avoided deforestation projects, which most often involve tropical forests, have a massive collateral benefit of biodiversity conservation as well. And, in many cases, there is a strong social component to these projects since they support forest-dependent indigenous peoples.

Hey guys! For those who doesn't have any idea what a carbon credit is or how carbon market works, you can read this article on medium posted by the Veridium team. It's very informative and very easy to understand. https://medium.com/veridium-labs/carbon-credit-markets-101-bc986eedabfa

IMO, the heat produced by mining is contributing to global warming. I remember when I was still doing crypto mining using video cards way back in 2014, the temps of each video card is reaching 90 degress celcius! I am just one miner but imagine how much heat is produced from crypto mining globally.

Hey Kuru7! Thanks for your support! Are you the same guy who sent us message about opening a discord server on our Telegram channel?

Guys do you have plan to create discord server? Im willing to help

The BTC block mining is simply insane and unsustainable... BTC was a pioneer, but now is doomed to be forgotten (same as happened to microsoft messenger, Myspace...) because it is too expensive and ecologically unaceptable the BTC mining, high fees, low speed of transaction/block verification..
Time for new and fresh projects to appear.. nice to see VEridium with a promising idea that will help the environment.

One of the reason why they choose Stellar over the other blockchains is that, Veridium is aiming for a carbon-neutral future and Stellar has the lowest carbon footprint compared to other blockchains.

These are 2 different projects. The first one is a carbon credit exchange running on blockchain while the second one is a food trust blockchain.

More and more projects seem to be turning to Stellar to build upon. I think it's a great move and I'm excited to see how Veridium + others grow and succeed

The International Business Machines Corporation is issuing its first token using a public blockchain

Developed in partnership with carbon credits startup Veridium Labs Ltd., the "verde” tokens will be issued on the Stellar blockchain, and are designed to give enterprises that pollute the environment a way to offset that damage by supporting a patch of Indonesian rainforest.
https://www.forbes.com/sites/michaeldelcastillo/2018/05/15/ibm-to-use-stellar-for-its-first-crypto-token-on-a-public-blockchain/#4ca207812001


IBM announced the launch of the Food Trust blockchain network, designed to enhance product traceability in the supply chain:

“The network became available around the world after 18 months of testing, during which many suppliers and distributors tracked millions of food items.”
The Food Trust blockchain platform runs on the Hyperledger blockchain, and also allows you to use other innovative technologies like the Internet of Things (IoT). https://bitnovosti.com/2018/10/09/carrefour-vnedryaet-blokchejn-platformu-ibm-food-trust/


 Is this news about the same company (IBM) ? Running 2 projects in parallel? or am I confused ...