Cryptocurrency technology is making a splash in the carbon market.
In recent months, millions of credits for offsetting greenhouse-gas emissions have been virtually tied to newly created cryptocurrency tokens and removed from circulation. Some market participants say the technology is bringing transparency to the unregulated voluntary carbon market and helping create new incentives for projects that benefit the climate. Not everybody is convinced.
Source: https://www.wsj.com/articles/cryptocurrency-traders-move-into-carbon-markets-11641826402