In brief
Ethereum and Bitcoin's energy needs have surged in the last six months.
Critics are calling for more energy-efficient ways of keeping networks secure.
A variety of projects are working on new solutions.
Towards the start of the month, Elon Musk tweeted “Hodl the rainforests!!”, implying in crypto terminology that we need to sustain and protect the rainforests for the future. Well the Universal Protocol Alliance (UPA) have risen to meet that challenge by tokenising carbon.
Read MoreNEW YORK, Feb. 18, 2021 /PRNewswire/ -- In a recent Tweet, the world's richest man, Elon Musk, challenged us all to "hodl the rainforest." In crypto parlance the implication is that we all need to protect the rainforests that remain to us and future generations. The Universal Protocol Alliance (UPA), a coalition of leading blockchain companies including Bittrex Global, CertiK, Fifth Era, Hard Yaka, Ledger, Trovio, SFOX and Uphold, have responded, and today are excited to announce that "hodling the rainforest" is now possible through a unique technological breakthrough: tokenized and transparently substantiated certified voluntary carbon credits. It turns out that crypto can save the rainforest.
Read MoreInfiniGold, leading commodity digitization and registry service, incubated out of Australia’s Rozetta Institute that is pioneering the tokenization of commodities on private and public blockchains, has raised $6.25 million AUD in a Series B funding round.
The company also rebrands to a new name, Trovio, reflecting the agnostic nature of their technology which can be applied to a trove of different precious metals and commodity assets.
Read MoreAnother project begins to make use of blockchain technology for sustainability: crypto prime broker SFOX and Universal Protocol Alliance (UPA) are coming together to make a carbon credit token globally accessible.
Read MoreToday SFOX, the leading independent crypto prime broker and one of the world’s top 50 Blockchain companies according to CB Insights, and Universal Protocol Alliance (UPA), a coalition of leading blockchain companies announce a collaboration to work together to combat global climate change: beginning by taking steps to make Universal Carbon (UPCO2) globally accessible to any digital wallet or exchange that wants to offer its clients the opportunity to buy the world’s first retail-accessible carbon credit token.
Read MoreLowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change.
Read MoreBitcoin Zero posee todas las propiedades de un Bitcoin real, pero con la particularidad de ser carbono neutro y se logra gracias a la combinación de un BTC con el retiro de 10 toneladas de CO2 de proyectos voluntarios de compensación de carbono certificados por Verra, en las selvas tropicales del mundo
Read MoreSomething needs to be done to address global climate change. Innovative technologies, such as a blockchain, can be of great value. Uphold is introducing Universal Carbon or UPCO2, a tradeable carbon token.
Read More"The launch of Bitcoin Zero means that finally everyone can accomplish two important goals: Owning Bitcoin, while also doing good for the planet by stimulating demand for voluntary carbon credits," said JP Thieriot, CEO of Uphold. "Imagine if on top of all the other benefits, crypto can be made to save the rainforests?"
Read MoreBitcoin Zero posee todas las propiedades de un Bitcoin real, pero con la particularidad de ser carbono neutro. Se logra gracias a la combinación de un BTC con el retiro de 10 toneladas de CO2 de proyectos voluntarios de compensación de carbono certificados por Verra, en las selvas tropicales del mundo.
Read MoreUPA lanza un token que consta de un BTC más el retiro de 10 toneladas de carbono representados por 10 tokens de Universal Carbon
Read MoreInfiniGold, a leading commodity digitisation company and member of the Universal Protocol Alliance (UPA), a coalition of leading blockchain companies including Bittrex Global, Ledger, CertiK, and Uphold, has today announced that Universal Gold (UPXAU), the latest product made possible by InfiniGold's asset digitisation technology, has begun trading on Bittrex Global, the leading Liechtenstein-based blockchain technology and cryptocurrency exchange.
Read MoreJ.P. Thieriot in conversation with James Bowater. J.P. is the co-founder of the Universal Protocol Alliance (UPA) an alliance of companies out of which the first carbon neutral Bitcoin has been born.
Read MoreToday Universal Protocol Alliance (UPA), a coalition of leading blockchain companies launches Bitcoin Zero (BTC0): real Bitcoin, net zero emissions. Bitcoin Zero is a wrapper token that consists of 1 BTC which has been rendered carbon neutral at the time of minting by the retiring of 10 tonnes of REDD+ carbon credits in the form of 10 Universal Carbon, UPCO2 tokens. Bitcoin Zero (BTC0) will be available for trading today on digital money platform Uphold.
Read More- Bitcoin Zero is an ERC-20 token delivering Bitcoin with net zero emissions (carbon neutral).
- This is accomplished via a wrapper that combines a single Bitcoin with the retiring of 10 tonnes of CO(2) from REDD+ rainforest projects certified by Verra and other international standard agencies each time a Bitcoin Zero is minted.
- This breakthrough is possible now that Universal Carbon (UPCO2) is available to anyone who wants to build upon the world's first tradable carbon token.
Read MoreUphold CEO JP Theriot believes you should be able to buy anything with anything
Read More“Combine a digital asset with a rainforest carbon offset and give everyone in the world access."
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