Summary
- It was reported that Kinexys, the blockchain division of JPMorgan, is preparing a carbon credit tokenization service.
- Kinexys announced that it is developing a blockchain-based system to tokenize carbon credits.
- Organizations such as S&P Global Commodity Insights, Eco Registry, and International Carbon Registry (ICR) are also reportedly participating in the project.
It has been revealed that JPMorgan's blockchain division, Kinexys, is preparing a carbon credit tokenization service.
According to Bloomberg on the 2nd (local time), Kinexys is developing a blockchain-based system for tokenizing carbon credits. The aim is to enhance transparency and trading efficiency in the carbon market.
Meanwhile, organizations such as S&P Global Commodity Insights, the carbon registry Eco Registry, and the International Carbon Registry (ICR) are also reportedly participating in the project.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
