HomeDeepMarkit NewsDeepMarkit Announces Commercial Launch of Proprietary Carbon Offset Minting Platform MintCarbon.io

DeepMarkit Announces Commercial Launch of Proprietary Carbon Offset Minting Platform MintCarbon.io

DeepMarkit Corp. announced the commercial launch of its proprietary MintCarbon.io platform.

The Platform was developed by DeepMarkit to support and promote reliability and transparency in the rapidly growing voluntary carbon market (VCM). It’s also for allowing users to easily connect their digital wallets to onboard, purchase, hold, or retire carbon offsets on the Blockchain.

The VCM exceeded a valuation of $1 billion for the first time in November 2021. It is expected to surpass $2 billion this year and will reach $40 billion by 2030.

Bringing the VCM onto the blockchain via MintCarbon.io can help unlock liquidity and transparency, driving market growth while bringing capital to where it is needed the most.

The Platform has been tested, is accredited, and is now ready to onboard offsets and start earning revenue for DeepMarkit. It is also designed to reward carbon offset owners via a sharing arrangement.

As integrity and reliability are vital for the growth of the carbon offset sector, MintCarbon.io further ensures that each project listed is linked to a third-party verified carbon offset.

DeepMarkit works closely with Gold Standard and Verra to ensure only the highest quality, credible projects are chosen.

MintCarbon.io also received a Security Assessment Certificate from Quantstamp, which evaluated the Platform for security-related issues, code quality, and best practices for its smart contracts.

Read the Full News Release here.

Most Popular
LATEST CARBON NEWS

HSBC Drops Carbon Credit Trading Amid Voluntary Carbon Market’s $1B Decline

HSBC Holdings Plc, Europe’s largest bank, has abandoned its plans to establish a carbon credits trading desk, per a Bloomberg report. The decision reflects...

Zefiro Methane Tackles Methane Emissions: Completes its First Oklahoma-Based Gas Well Remediation Project

Zefiro Methane Corp. (ZEFI) announced that its subsidiary, Plants & Goodwin, Inc. (P&G), has successfully completed its first gas well remediation project in Oklahoma....

COP29: Singapore and Peru Seal the Deal on Article 6 Carbon Credits Framework

Singapore’s Ministry of Trade and Industry (MTI) announced on Nov. 21, during the COP29 climate summit in Azerbaijan, that it has substantively concluded negotiations...

Indonesia’s Bold Push to Net Zero: Shutting Down All Coal Plants in 15 Years

Indonesia has unveiled an ambitious plan to transition away from fossil fuels and achieve net-zero emissions by 2050, a decade earlier than its previous...
CARBON INVESTOR EDUCATION

What is COP29 and Why Is It Hailed as The “Finance COP”?

As climate change worsens, the UN’s 29th annual climate conference, a.k.a. COP29, taking place from November 11 to 22, 2024, in Baku, Azerbaijan, is...

Carbon Credits vs. Carbon Offsets

Carbon Credits vs. Carbon Offsets: What's the Difference? At their core, both carbon credits and carbon offsets are accounting mechanisms. They provide a way to...

Who Verifies Carbon Credits?

Carbon credit verification is a rigorous process that involves various steps to ensure the legitimacy of the credits.

The Ultimate Guide to Understanding Carbon Credits

Everything you need to know about carbon credits, voluntary and compulsory carbon markets, and carbon investment...