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Technology will make 'tokenized' carbon credits from the Amazon available

Carbon credit producers from the Brazilian Amazon will be able to sell their emission rights in a virtual environment - marketplace - of their own digital assets. The technology, which involves the tokenization of these credits, was developed by the North American startup Betablocks, specialized in blockchain infrastructure.

A report from the newspaper Valor Econômico explains that the platform will connect forest managers and producers of carbon credit directly to companies and individuals who wish to use them to offset their emissions.

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The marketplace may host projects in degraded areas, environmental preservation and native forest recovery initiatives, as well as institutional funds, consultancies and organizations that aim to enable sustainable development strategies. carbon neutralization.

A Betablocks – which was selected by the Elos da Amazônia program, from the Institute for Conservation and Sustainable Development of the Amazon (Idesam) – settled in Manaus to be closer to food producers. carbon credit and initiatives to develop this market.

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