.Ripple is putting its money where its mouth is
The nine-figure funding will help to speed up the modernization of the carbon credit market.
Carbon markets allow companies and individuals to trade carbon credits for offsetting CO2 emissions that some companies cannot eliminate.CEO Brad Garlinghouse claims that the blockchain company can play"a catalytic role" in improving carbon markets.Last October, Garlinghouse commented that a single Bitcoin transaction consumed 75 gallons of gasoline, to highlight the wastefulness of mining. The Ripple-backed XRP cryptocurrency is being pitched as an energy-efficient alternative.
Chris Larsen, one of the co-founders of Ripple, and Greenpeace USA recently launched a campaign targeting Bitcoin's proof-of-work consensus mechanism. Larsen claims that Bitcoin developers could switch to proof-of-stake in order to dramatically reduce the flagship cryptocurrency's energy consumption.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Denver Judge Vacates $100 Million Decision in Marijuana Ownership BattleTwo partners in one of Colorado's largest dispensary chains just took a major hit in an internal ownership battle.
Consulte Mais informação »
Homeless sex offender rented Vicky White, Casey White motel room for $100, report saysThe man who helped Vicky White and Casey White rent an Indiana motel room didn't know they were on the run, according to law enforcement.
Consulte Mais informação »
These beginner telescopes from Celestron are on sale for under $100 at AmazonSave some money and scope out the perfect telescope for any budding astronomer.
Consulte Mais informação »
Amazon makes the OnePlus 10 Pro cheaper than usual with a $100 gift card includedAmazon has the unlocked OnePlus 10 Pro 5G on sale at a small but rare discount with a very nice gift also thrown in.
Consulte Mais informação »
Ripple Taps Lithuania’s FINCI to Expand ODL-Based International Payments Ripple Ties Up with Lithuania’s FINCI to Expand ODL-Based Int’l PaymentsThe partnership will allow consumers and businesses to make real-time payments while sparing financial institutions to pre-fund their accounts. The partnership will allow consumers and businesses to make real-time payments while sparing financial institutions to pre-fund their accounts
Consulte Mais informação »
Ripple to Set Up New ODL Corridor Between EU and Mexico via New PartnershipICYMI: Ripple partners with FINCI to facilitate fast and low cost payments between Europe and Mexico for its clients $XRP XRPnews XRPArmy
Consulte Mais informação »