Blockchain
Lake Michigan Hills Partners With DigiKerma To Become The First Carbon Neutral Golf Club In The United States
Lake Michigan Hills Golf Club has become the first carbon neutral golf club in the United States after purchasing CCUS offset credits from DigiKerma. The course has offset all CO2 emissions associated with every round played in 2022.
Lake Michigan Hills chose to offset its emissions using DigiKerma’s Carbon Capture, Utilization, and Storage (CCUS)-derived carbon offset credits, which trade on the company’s CarbonKerma marketplace.
“We think sport can play an important role in a low carbon future. We explored a lot of options to offset our course’s footprint,” a spokesperson said, “But we found the quality of most offset credits to be difficult to ascertain. CarbonKerma credits carry a price premium, but we wanted to offset each golf round played. The ability to break down each tonne of emissions into fractions in a traceable manner allows us to spread the cost of offsetting. The price was worth it, knowing that all their credits, based on Carbon Capture and Storage, are precisely measured and overseen by strict EPA regulations.”
The groundbreaking transaction is set to create a pathway for sporting and entertainment events around the world to help accelerate the deployment of CCUS, a technology that is vital for achieving the Paris Climate Accord targets.
Ahead of his company’s presentation at the ADIPEC 2023 conference in Abu Dhabi, DigiKerma Founder and CEO Irfan Ali noted:
“CarbonKerma’s unique CCUS-based offset marketplace brings an unprecedented level of measurability and transparency to voluntary carbon offsets, which we hope will restore confidence in markets that have been plagued by low quality and a lack of trust.”
He added that, “This decision by Lake Michigan Hills demonstrates their confidence in the integrity of our credits and they are to be applauded for their pioneering spirit. Hopefully, this sets an example for other sporting clubs and events that offsetting properly–through high-quality credits–can play a significant role in achieving our Paris targets.”
The club joins Singapore’s Sentosa Golf Club as only the second golf club in the world to offer carbon neutral golfing. The move represents a significant milestone for DigiKerma, a blockchain-based carbon offset marketplace that is gaining a strong reputation for carbon offset integrity among a number of sectors with hard-to-abate emissions.
About Lake Michigan Hills Golf Club: Established over 40 years ago, Lake Michigan Hills Golf Club is the top-rated public golf course in southwest Michigan. Located in the Benton Harbor/St. Joseph area, golfing greats to have played the course include Payne Stewart, Kenny Perry, and Adam Scott.
About DigiKerma: DigiKerma Inc. is a Virginia-based company that operates the carbon credit trading platform CarbonKerma. DigiKerma is committed to providing scalable offsetting solutions to sectors with hard-to-abate emissions, and helping fund the cost of implementing Carbon Capture, Utilization, and Storage facilities to contribute to the rapid decarbonization of industry.
SOURCE DigiKerma
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.
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Blockchain
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Blockchain
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