The promise and challenges of cryptocurrency technology for voluntary carbon markets

Cryptocurrency technology can play a significant role in revolutionizing voluntary carbon markets. The voluntary carbon markets (VCM), where companies and individuals trade carbon credits voluntarily, propel investment in carbon neutralization (removal) and compensation (avoidance and reduction) projects (McKinsey, 2021, p.13). The current VCM is complicated due to fragmented carbon standards, liquidity, and choices for corporate

Blockchain 101: What is it and How is it Used?

TECH UP THOUGHTS BY MEG HATTON, TECH UP FOR WOMEN TEAM To those new to exploring cryptocurrencies, the idea of blockchain technology can seem confusing and daunting. However, this new database technology, though unique to any other, is rather simple when broken down. At its core, blockchain is a distributed database that is shared among

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