Join our conversation with Joseph Pallant, Founder of Blockchain for Climate Foundation.  

As an avid supporter of blockchain technology, Joseph has been leading the development of a blockchain platform to enable issuance and exchange of international carbon credits under the Paris Agreement.  

Utilizing the tools available on Ethereum blockchain ecosystem to issue Non-Fungible Tokens (NFTs) allows each ton of carbon credit to carry all of the information around the project that created it, how its moved from there, to its eventual "retirement" against a carbon footprint. 

Blockchain for Climate Foundation's "BITMO Platform" is live as a beta version on Ethereum's Rinkeby testnet. As the target market and initial use case for this platform is national governments seeking to issue and exchange Paris-compliant carbon credits, the team is now seeking national government partners to trial, collaborate on, and if desired, eventually champion its use.  

We'll also discuss the current carbon footprint of cryptocurrency, and new innovation being done to create a sustainable pathway both in terms of reducing and offsetting emissions for cryptocurrency mining and development of proof of stake consensus mechanism for developing new crypto coins produced at greatly reduced energy intensity.