Saturday, October 16, 2021

CENNZnet Now Offsets Carbon Emissions with CarbonClick - GlobeNewswire

Last updated Monday, October 4, 2021 09:00 ET , Source: NewsService

Auckland, NZ, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Consumer-oriented blockchain project CENNZnet has announced that CarbonClick’s key functionality is now fully integrated into its network. After the completion of a hackathon for this purpose, the environmental protection organization launched a product that allows users to buy and sequester carbon credits representing carbon emissions.

“CENNZnet is the most user-friendly and accessible network out there. Launching our product here has been seamless and we’re sure it will guarantee the best of user experiences for all the people who are looking to use CarbonClick to help save the environment.” – CarbonClick CEO Dave Rouse.

CarbonClick has been able to represent over 1,454.111 tons of carbon based on actual carbon sequestration projects. These real carbon emissions that are sequestered from the atmosphere are verified using NFT technology and then divided into the platform’s native CO2 tokens. Users can then buy and sell CO2 tokens or take them out of the system by sending them to a Sequester Wallet. The team has shared further details on how these solutions work with the blockchain.

To support the initiative, the CENNZnet team minted 5,000 NZD worth of CO2 tokens which will be available to users on-chain. The project is now carbon negative after buying enough of these verifiable credits to offset its historical and predicted impact on the environment. You can monitor CENNZnet's carbon status real-time using the tracker site:...

Read Full Story: https://www.globenewswire.com/news-release/2021/10/04/2307988/0/en/CENNZnet-Now-Offsets-Carbon-Emissions-with-CarbonClick.html

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