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Make Money Quickly With HappyMiner: Blockchain Technology Transforms Climate Credits

• Blockchain technology is being used to increase the transparency of carbon credits.
• Carbon credits are purchased by companies who emit greenhouse gases and are used to fund climate projects.
• Blockchain can provide specific information, incentivize participation in projects, and establish criteria for issuing and using climate credits.

What Are Carbon Credits?

Carbon credits are designed to help companies finance protocols and projects that preserve the environment from poor or improper climate activity. Companies purchase these credits when they release greenhouse gases such as methane into the atmosphere through their operations, which goes towards funding environmentally friendly projects and initiatives. Unfortunately, it’s been difficult to be sure if these projects are actually effective in cleaning up the planet and its atmosphere from pollution.

How Can Blockchain Help?

Blockchain technology has presented several answers for companies looking to tie climate initiatives in with this illustrious technology that has powered the crypto arena for so long. It can give them specific information by bringing together several different groups to ensure a project’s merits are in place, as well as see to it that participation in these projects is incentivized, and that general criteria for issuing and using climate credits are laid out properly.

Why Is Transparency Important?

Transparency is important because it allows people to know whether or not a project’s methods for cleaning up the environment actually work. By utilizing blockchain technology, companies can be sure of where their money is going when purchasing carbon credits, as well as how effective those investments have been at preserving the planet’s atmosphere from pollution.

Examples Of Companies Using Blockchain To Increase Transparency

Many organizations – such as Toucan, Return, Open Forest Protocol – are beginning to use blockchain technology to boost the transparency of carbon credits when making investments towards environmental preservation projects. Erin Murphy – chief growth officer at Topl, a company designed a blockchain specifically for climate-based issues – stated that “we want to see more competition [and] more scientific rigor in this space“. Salmeron Barnes – co-founder & managing director of Aureus Earth – also noted that blockchain could provide financial tools needed for carbon reduction incentives.


As environmental concerns continue to grow around the world, many organizations have turned towards blockchain technology in order to increase transparency surrounding carbon credit purchases & investments towards eco-friendly projects & initiatives. This way businesses can be certain of where their money is going when investing & how effective those investments have been at preserving our planet’s atmosphere from pollution & other harms caused by improper climate activity