Blockchain-Based Exchange to Increase Transparency, Liquidity of Voluntary Carbon Offset Market
DALLAS, July 12, 2022 /PRNewswire/ -- New Frontier Markets ("NFM"), a technology company dedicated to enabling access to the new low-carbon economy, today announced the launch of its proprietary blockchain marketplace for voluntary carbon offset credits. The platform is expected to become broadly available in the fourth quarter of 2022.
NFM's platform leverages a specialized private blockchain that will allow customers to buy, sell and trade carbon credits through a highly streamlined and efficient process. The marketplace has been designed in collaboration with Unicsoft, a leading blockchain technology developer. With the voluntary global decarbonization market expected to reach as much as $100 billion by 2030, NFM's disintermediated exchange platform will increase both cost efficiency and transparency across the industry.
"As both project developers and investors within the emerging...
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