Verity One is a pioneer in carbon credit certification, integrating AI and blockchain for transparency and trust.
– Adam Reiser
WASHINGTON, DC, USA, May 11, 2024 /EINPresswire.com/ — Verity One Ltd., leveraging cutting-edge technologies such as Hyperledger Fabric, Hedera HBAR, Polygon MATIC, TAO and Bittensor AI, introduces a groundbreaking carbon credit certification initiative. This strategic integration underlines the company’s commitment to “TRUTH MATTERS™” and introduces a new ethos, “TRUST MATTERS™,” which reflects its commitment to building trustworthy data within the environmental sustainability industry.
Verity One Ltd is pleased to announce the launch of a new Bahamas Aragonite Recovery and Carbon Sequestration Initiative, using advanced blockchain and AI technologies for enhanced carbon credit certification.
This initiative is supported by the advanced integration of Hyperledger Fabric, Hedera HBAR, Polygon MATIC, TAO and Bittensor AI, setting new standards in transparency, accountability and technological innovation.
Project details:
Name: Bahamas Aragonite Restoration and Carbon Sequestration Initiative
Location: Shallow areas of the Bahamas to designated gasoline sources
Technologies involved: Hyperledger Fabric, Hedera HBAR, Polygon MATIC, TAO, Bittensor AI
Methodological approach:
The initiative uses a carefully designed process for the extraction and processing of aragonite. It aims to minimize environmental impact and maximize CO2 capture and storage, in line with global carbon sequestration standards.
Verification and monitoring framework:
Initial assessment: Conducted to confirm significant pollution reductions and carbon capture improvements using Aragonite in place of traditional methods.
Continuous Monitoring: Ensures continued compliance with environmental standards and effective carbon capture with quarterly reviews.
Carbon credit calculation:
Total CO2 captured – metric tons; Credits issued.
Blockchain Validation and Monetization Techniques:
Hyperledger Fabric and Hedera HBAR:
These platforms ensure secure, tamper-proof documentation of all transactions and carbon credit data.
AI integration with Bittensor AI and TAO: Enables predictive analytics and dynamic adjustment of credit allocations based on real-time performance data.
Smart contracts on Polygon MATIC: Automate the validation, issuance and transfer of carbon credits, ensuring compliance with predefined environmental standards.
Tokenization and Monetization Strategies in Verity One Ltd.’s Carbon Credit Initiative
Tokenization of Carbon Credits:
The Verity One V sign is crucial for monetizing carbon credits within Verity One Ltd’s innovative initiative. Every carbon credit verified through our rigorous blockchain processes is converted into a Verity One V token. This transformation symbolizes a digital confirmation of carbon sequestration and increases the token’s usability as a tradable asset across platforms. Verity One improves liquidity by tokenizing carbon credits, enabling broader market access and simplifying stakeholder investment processes.
NFT bundling of carbon credits:
Verity One Ltd continues to innovate in the digital asset space, taking a new approach by bundling carbon credits into non-fungible tokens (NFTs). Each NFT is a unique digital entity that includes detailed metadata about the carbon capture project, including the origin of the credits, the specific amount of CO2 captured, relevant project details and credit expiration dates. This approach ensures data integrity and adds a layer of exclusivity and collectibility to carbon credits, appealing to a niche market of environmental asset collectors and investors.
Marketplace integration and improvement benefits:
Integrating these tokenized and bundled carbon credits into digital marketplaces is crucial. This strategic placement facilitates seamless trading of NFTs, increasing the ease of authentication and transfer of ownership. The digital marketplaces serve as a transparent platform where buyers and sellers can engage in transactions backed by the immutable data of blockchain technology.
Benefits of Tokenization and NFT Integration:
Transparency and security: Blockchain ensures that every transaction and validation is recorded transparently and securely, reducing the risk of fraud and increasing trust between participants.
Increased liquidity and accessibility: By tokenizing carbon credits, Verity One Ltd makes these environmental assets more liquid and accessible, allowing a wider range of investors to participate in environmental stewardship.
Innovation in environmental assets: Bundling carbon credits into NFTs introduces a breakthrough method for digital trading of environmental assets, setting a new standard in the industry.
Through these advanced tokenization and monetization strategies, Verity One Ltd. global targets and pioneers in carbon reduction, creating a market where environmental and sustainability efforts are validated and valorized in the digital economy.
Integration with digital marketplaces: Facilitates seamless trading of NFTs and promotes easy authentication and transfer.
Transparency, security and trust: The use of blockchain and AI ensures transparency and security and builds trust through verified, reliable data.
This initiative supports global efforts to reduce carbon emissions and demonstrates Verity One Ltd’s commitment to innovation and confidence in environmental asset management. By integrating advanced technologies, the company is setting a new benchmark for responsibility and efficiency in the carbon credit market.
Verity One, blockchain, AI, carbon credits, Hyperledger Fabric, Hedera HBAR, Polygon MATIC, TAO, Bittensor, environmental sustainability, Aragonite, carbon sequestration, NFT, cryptocurrency, digital assets.
Verity One is a pioneer in carbon credit certification, integrating AI and blockchain for transparency and trust.
Hedera HBAR for Verity One Ltd VERT V Token
0xe77D0ce6de1E54F3bDc8BB5A44A43C719b523c24
https://hashscan.io/mainnet/contract/0.0.5029265
MATIC CONTRACT for Verity One Ltd VERT V token
0x691E1395E97c013f0AaF4993b206a6Bce8A2DC96
https://polygonscan.com/address/0x691e1395e97c013f0aaf4993b206a6bce8a2dc96
Adam Reiser
Verity One Ltd.
+1 561-789-1139
email us here
Visit us on social media:
Facebook
Tweet
LinkedIn
Instagram
Other
