Carbon Credit

Venom

Carbon

<ul>
 <li>Venom Foundation partners with UAE Government to develop and implement National Carbon Credit System.</li>
 <li>The partnership aims to leverage the power of blockchain technology in fighting climate change.</li>
 <li>The system seeks to reduce carbon emission by 40% in UAE by 2023.</li>
</ul>
The Venom Foundation, the first blockchain company regulated by Abu Dhabi, has taken a significant stride in the battle against climate change by entering into a Memorandum of Understanding (MOU) with the UAE Government.
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 Venom is pleased to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government. Together, we will develop a National Carbon Credit System, taking significant steps toward addressing environmental challenges. <a href="https://t.co/dcijGVH97j" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dcijGVH97j</a>— Venom Foundation (@VenomFoundation) <a href="https://twitter.com/VenomFoundation/status/1689661639165874177?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 10, 2023</a>
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This landmark collaboration aims to leverage the power of <a href="https://coinedition.com/what-is-blockchain-everything-you-need-to-know/" rel="noopener noreferrer nofollow">blockchain technology</a> to develop and implement the National Carbon Credit System. This transparent and fair credits system is intended to facilitate a 40% reduction in carbon emissions in the UAE by 2030.
In a joint effort alongside the Ministry of Climate Change and Environment (MCCE) and Industrial I…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/venom-foundation-and-uae-collaborate-to-launch-national-carbon-credit-system/">Venom Foundation and UAE Collaborate to Launch National Carbon Credit System</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Venom Foundation and UAE Collaborate to Launch National Carbon Credit System

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