Published on May 15th, 2018 | by bitcoin0
IBM Partners through Vertical Labs allow to print carbon footprint through blockchain
IBM announced a partnership with Veridium Labs to tokenize carbon credits that will allow companies to track their carbon footprint with blockchain today, May 15, in press release shared with Cointelegraph.
Jared E. Klee, the IBM Blockchain Offering Manager for IBM’s token initiatives, told Cointelegraph that IBM thinks blockchain tech can be used to “make the world a better place”: “IBM is continuing its commitment to environmental stewardship through its engagement with Veridium.
IBM believes innovative technologies like blockchain can make the world a better place.”
IBM had previously partnered with a group of international banks to pilot blockchain transactions for supply chain management, as well as releasing a “Blockchain Starter Plan” in Beta for facilitating blockchain use for businesses of any scale.
Blockchain company Productivist announced earlier in May that their peer-to-peer network mapping manufacturing capacities globally could reduce a project’s carbon footprint by making it easier for companies to find local manufacturers.