Arx Veritas and Blubird use blockchain technology to tokenize $32 billion in carbon emission reduction assets

Odaily Planet Daily News: Wealth tokenization platform Arx Veritas and infrastructure company Blubird have completed the tokenization of US$32 billion worth of carbon emissions (ERA) through blockchain technology, which is equivalent to blocking 394 million tons of carbon dioxide emissions. Tokenized assets include stored oil wells and coal mines, which achieve carbon emission reduction by preventing coal mining, transportation, and emissions of pollutants from waste oil wells. The emission reduction is equivalent to carbon emissions from 395 million round-trip flights from New York to London, or 986 billion miles of sedan mileage. (Cointelegraph)