Website for CarbonX
What is CarbonX?
Excerpt from Ben Schiller's Fast Company article entitled: Can Personal Carbon Trading Take Off on the Blockchain?
"It works like this. CarbonX buys carbon offsets under a United Nations-backed scheme called REDD+. This certifies greenhouse gas reductions from forestry and ecosystem remediation projects around the world. CarbonX converts those credits into a cryptocurrency, in the form of a token called CxT. Then it sells on these tokens to retailers and manufacturers, who use them to incentivize consumers to make more sustainable choices." Image: wacomka/iStock