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Major news, the global launch of the strongest solution for global carbon trading, blockchain is good for its development

2021-08-23

Recently, the "blockchain + carbon trading" platform-CTDC, led by the European Carbon Energy and Environmental Protection Alliance Committee and the United Nations Intergovernmental Panel on Climate Change (IPCC), was launched globally on August 23, becoming the world's first carbon trading field.  Blockchain international standard project.



According to reports: CTDC’s goal is to have a positive impact on the global environment by working to mitigate climate change while providing solutions that encourage society to develop towards a more sustainable future.



By focusing on the emission reductions achieved by climate change mitigation projects, the CTDC program helps institutions, policymakers, companies and individuals implement carbon market mechanisms to help offset the harmful effects of the increasing climate change we see today.



In addition, CTDC combines the technical characteristics of blockchain decentralization, tamper-proof, traceability, and traces throughout the entire process, which can better support the credible record of the full life cycle of the carbon footprint and the credible circulation of all elements of carbon emissions.  The carbon trading scenario provides a safer, more efficient, and more economical market environment, as well as a visible, credible, and reliable regulatory environment.



The standard is based on the global goal of "carbon peak and carbon neutrality", centered on innovative exploration and practical experience in the field of "blockchain + carbon trading", summarizes and puts forward the technical application requirements and specifications of blockchain in the field of carbon trading, and will  Help global carbon trading to achieve full life cycle traceability management, solve the problems of low efficiency of carbon trading multi-subject identity authentication and difficulty in data confirmation, and jointly maintain distributed data by multiple parties to ensure the credible sharing of carbon trading data and improve business efficiency.  The carbon trading industry provides blockchain technology guidelines and specifications.


In the future, CTDC will truly create an ecological environment dominated by environmentally friendly companies, supported by blockchain infrastructure and a common digital asset, so that everyone has the ability to fight global warming and experience blockchain technology.  The convenience and the value of digital asset value investment.



It is believed that the launch of CTDC will promote the construction of a global carbon emission trading market, which can effectively promote the achievement of the global double carbon goal. With the blessing of blockchain technology, it is imperative to build a stable global unified carbon market.

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