Blockchain
DeepMarkit Achieves Successful Registration on Gold Standard and Verra Carbon Registries
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.
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
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
Digital Payment Gateway Market
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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