Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

DeepMarkit Achieves Successful Registration on Gold Standard and Verra Carbon Registries

Published

on

 

DeepMarkit Corp., (“DeepMarkit” or the “Company”) (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a technology company focused on creating next-generation ESG-driven tools and technologies to aid businesses in sales development and increasing profitability, is pleased to announce that its wholly owned subsidiary, First Carbon Corp. (“FCC“), has become successfully registered on both the Gold Standard and Verra carbon credit registries. The Gold Standard and Verra carbon offset registries establish the core rules and requirements that must be met in order for a carbon project, program or activity to become certified. The two registries display the performance of carbon projects and provide critical tracking services to account holders and transparent project documentation to the public.

“Finalizing our registration on two of the largest and most reputable carbon credit registries in the world is an important milestone for DeepMarkit. Maintaining a strong relationship with Gold Standard and Verra will keep us plugged into the offset market. It will also enable us to open dialogues with existing and new carbon credit project developers as potential onboarding candidates to our proprietary MintCarbon.io platform,” said Ranjeet Sunder, Interim Chief Executive Officer of DeepMarkit.

In the minting of NFTs from carbon credits, it is important to prove through registry verification and smart contracts on the blockchain that a holder of an NFT actually owns its underlying carbon credit. As a subsidiary of DeepMarkit, and in addition to obtaining representations and warranties through a comprehensive agreement with each customer, FCC will ensure the legitimacy and ownership of the carbon credits through verification on the Gold Standard or Verra registry. FCC expects to become successfully registered on other registries as they emerge and achieve the same or greater credibility maintained by Gold Standard and Verra.

Through the utilization of carbon registries, FCC can certify to its clients and customers that the underlying value of a carbon credit is legitimate. This will provide transparency and certainty regarding the individuality of the NFTs minted via FCC’s MintCarbon.io platform. Additionally, the Gold Standard and Verra registries offer a database of hundreds of thousands of verified carbon credit projects, which are expected to be essential for FCC’s carbon credit minting pipeline.

Advertisement

Registries oversee the independent verification of projects that meet science-based standards and follow approved carbon accounting methodologies. This ensures the accuracy, precision and rigor in the measurement, monitoring and verification of emission reductions. Gold Standard and Verra provide the flexibility of a wide range of methodologies that diversify offset sourcing options and demonstrate environmental benefits beyond emissions reductions.

Gold Standard and Verra are tax-exempt, not-for-profit organizations, that have become trusted by a broad range of stakeholders, including but not limited to non-governmental organizations, the private sector and governments. They are widely recognized and used in both the voluntary and compliance-driven carbon credit markets because they deliver credible and transparent assessments of project performance.

Blockchain

Trident Reports First Half 2024 Unaudited Financial Results

Published

on

Continue Reading

Blockchain

CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities

Published

on

corenest-capital,-sologenic’s-vc-partner,-invests-in-texture,-a-us.-based-broker-dealer,-to-launch-solotex,-a-new-platform-for-trading-tokenized-equities

Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.

Continue Reading

Blockchain

Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

Published

on

bybit-strengthens-partnerships-and-explores-islamic-finance-innovation-at-exclusive-forum
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE