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From Wall Street to Web3: Carbon market goes on the chain

Source: CoinWorld
JPMorgan Chase launches a blockchain-based tokenized carbon credit platform aimed at improving transparency and efficiency of the voluntary carbon market. The system tracks the entire process of carbon credit from issuance to clearance, and S&P Global Commodity Insights is currently under test. The program aims to solve problems such as opacity and repeated calculations, thereby increasing trust and liquidity in carbon trading. The bank also tests deposit token JPMD on Coinbase’s Base network.
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