eCarbon concludes initial funding round, shifts focus to new blockchain tech aimed at democratizing access to carbon emissions allowance programs
eCarbon, a blockchain-based company that is focused on democratizing access to carbon emissions allowances, closed its initial funding round last week. Although the terms of the round were undisclosed, proceeds will be used to develop a novel blockchain technology and will give users access to carbon emissions allowance products on the Ethereum blockchain.
Commenting on the initiative, Joshua Fernando, co-founder and CEO of eCarbon, said:
At a time when countries and corporations have made greenhouse gas reduction a top priority, there is demand for blockchain-based carbon emissions allowance products that can enable users to participate in environmental programs, such as the European Union Environmental Trading System. It has proven difficult for people located outside of the European Union that are interested in participating in European...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...