logo

Tech start-up, IBM partner to turn carbon credits into Blockchain-based tokens

PUBLISHED: Wed, 08 Aug 2018 09:49:51 GMT

Share

Carbon credits are mostly traded through bilateral agreements resulting into conflicts between involved parties. Veridium, a tech start-up has partnered with IBM to turn carbon credits tradable instruments into digital tokens. Jim Procanik, Executive Director of Veridium Foundation joins CNBC Africa for more on this.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED