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ACX wins Environmental Finance’s Best Carbon Exchange award for third consecutive year

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ACX, the leading environmental markets exchange, is pleased to announce that it has won the Environmental Finance 2023 Best Voluntary Carbon Market Exchange award for the 3rd year running.

Votes by active market participants determine the winners of the Environmental Finance awards. This third win cements ACX’s position as the top-tier provider of environmental market trading.

We are constantly improving and questioning our systems and strategies. I believe this is central to winning this award for the 3rd year running. We are always adapting, questioning, and learning. This keeps us nimble and humble. It is this mix that enables us to improve and reach new heights. I would like to thank our clients and colleagues who voted for us. You can rest assured that we will continue to push the envelope.” said William Pazos, co-CEO and co-Founder of ACX.

ACX would like to express its gratitude for the support it has received from those voting in the awards, and to Environmental Finance for showcasing the transformative work in the voluntary carbon market sector.

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The exchange would also like to take this opportunity to thank Enterprise Singapore – a statutory board under Singapore’s Ministry of Trade and Industry – for their continuous support. Enterprise Singapore has been a valued partner to ACX and played a critical role in supporting the early development of our platform.

The ACX team would also like to offer its thanks to Deutsche Börse AG for their support as shareholders.

AirCarbon Exchange has played a key role by pioneering the Voluntary Carbon Market, with its fully digital carbon trading platform built on blockchain technology – enabling financial impact at greater scale on decarbonisation efforts. Sustainability requires a global effort, and we’re proud to work with such a collaborative industry partner in carbon markets,” notes Peter Reitz, CEO at EEX.

Last but not least, ACX would like to thank its growing team for working tirelessly with integrity, professionalism, and care to provide an ever improving and smoother service.

The award is the culmination of another busy year at ACX, with the exchange continuing to build new partnerships and expand its operations globally.

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The ACX team’s relentless pursuit of excellence has led to significant milestones:

  • September 2023: Partnership with Athens Stock Exchange (ATHEX) in Greece to develop Carbon Market in the region
  • July 2023: Partnership with EcoRegistry, a blockchain-based registry platform, and Cercarbono, a voluntary carbon market standards group, to enhance carbon offsetting accessibility
  • April 2023: Collaboration with Japan’s Natural Capital Credit Consortium to revitalize the carbon credit market, including boosting carbon market activity in Japan
  • March 2023: A groundbreaking partnership with StoneX to launch a US digital carbon marketplace

More announcements will be made soon, with ACX continuing to make strides to grow its partnerships and provide new and better services for its users to facilitate the vital journey towards net zero.

Learn more about this year’s Voluntary Carbon Market Rankings and ACX’s win in this article by Environmental Finance.

Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

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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

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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.

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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.

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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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CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo

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OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara

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The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More

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