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> Tarpit Ideas > Carbon removal credits on the blockchain. Using blockchain technology to solve the double-counting of carbon credits is an attractive idea but
by tdaltonc 4y ago
> Tarpit Ideas
> Carbon removal credits on the blockchain. Using blockchain technology to solve the double-counting of carbon credits is an attractive idea but in our experience it’s just a technology choice and a small piece of the product you ultimately have to build.
I can't believe how often I hear this reasoning from people: Carbon credits have a double-counting problem? Blockchains prevent "double-spend"! Perfect solution! But as the quote points out, double-counting of carbon credits is not a software problem.
At Jasmine, we're tokenizing climate assets but not to prevent "double-spend."
https://medium.com/jasmine-energy/why-is-jasmine-building-on-a-blockchain-a5a37d98822b https://medium.com/jasmine-energy/why-is-jasmine-building-on...
- danrocks 4y agoI read the linked article and I could not make any sense of it.