{"id":57951,"date":"2023-08-28T16:30:22","date_gmt":"2023-08-28T20:30:22","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=57951"},"modified":"2023-08-28T16:30:25","modified_gmt":"2023-08-28T20:30:25","slug":"hedera-leads-asias-first-digital-carbon-registry-launch","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/hedera-leads-asias-first-digital-carbon-registry-launch\/","title":{"rendered":"Hedera Leads Asia&#8217;s First Digital Carbon Registry Launch"},"content":{"rendered":"\n<p>Carbonbase <a href=\"https:\/\/coinscreed.com\/staging\/fintech-innovations-transforming-the-banking-industry.html\" target=\"_blank\" rel=\"noreferrer noopener\">Introduces Innovation <\/a>with Global Climate Registry (GCR) on Hedera Hashgraph. What does this mean for carbon markets?<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-1024x494.jpg\" alt=\"Hedera Leads Asia's First Digital Carbon Registry Launch\" class=\"wp-image-57953\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-1024x494.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-300x145.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-768x371.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-1320x637.jpg 1320w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-750x362.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3-1140x550.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3.jpg 1450w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hedera Leads Asia's First Digital Carbon Registry Launch<\/figcaption><\/figure>\n\n\n\n<p>Since Asia-Pacific is responsible for more than half of the world's CO2 emissions, there was an imperative need for a local carbon registry. <\/p>\n\n\n\n<p>Carbonbase, in collaboration with the <a href=\"https:\/\/coinscreed.com\/staging\/uae-free-zone-partners-with-hbar-foundation-to-aid-web3-startups.html\" target=\"_blank\" rel=\"noreferrer noopener\">HBAR Foundation <\/a><a href=\"https:\/\/www.impactxcapital.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">and ImpactX,<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> has unveiled the Global Climate Registry (GCR) in response. This digital platform can potentially revolutionize carbon credit monitoring and emissions reduction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-hedera-hashgraph-network-facilitates-gcr\">The Hedera Hashgraph Network Facilitates GCR<\/h2>\n\n\n\n<p>The GCR's reliance on the Hedera Hashgraph network increases its transparency. In addition, it gives small to medium-sized developers an opportunity to flourish and offers corporate buyers a transparent view of their carbon credit investments. The visionary behind Carbonbase, Max Song, expressed his enthusiasm.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBy leveraging the strength of both Hedera\u2019s network and ImpactX\u2019s innovative approach, we\u2019re forging ahead into a new era for the carbon market,\u201d said Song. Hence, this collaboration sets the stage for transformative changes in the climate-tech sector.<\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">GCR Complies With IEEE Standards<\/h3>\n\n\n\n<p>Moreover, the GCR's standards are consistent with the IEEE, a prestigious organization for electrical and electronic engineers. Consequently, this adherence ensures the credibility of climate impact reports, a crucial factor in today's environmentally conscious society. <\/p>\n\n\n\n<p>The IEEE's Kartik Kulkarni praised the collaborative effort, recognizing its potential to nurture cost-effective, high-impact climate initiatives.<\/p>\n\n\n\n<blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">\ud83e\udd1d <a href=\"https:\/\/twitter.com\/carbonbaseco?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@carbonbaseco<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> has partnered with the <a href=\"https:\/\/twitter.com\/HBAR_foundation?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@HBAR_Foundation<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> and ImpactX to Launch Asia\u2019s First Digital Carbon Registry \u2935\ufe0f<br><br>\u201cWe believe in a future where the balance sheet of our planet lives on a public ledger\u2026 We\u2019re excited to see Carbonbase and ImpactX adopt the <a href=\"https:\/\/twitter.com\/hashtag\/Hedera?src=hash&ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Hedera<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> Guardian\u2026 <a href=\"https:\/\/t.co\/jkmfEtXBXq\" target=\"_blank\">pic.twitter.com\/jkmfEtXBXq<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/p>&mdash; Hedera (@hedera) <a href=\"https:\/\/twitter.com\/hedera\/status\/1696112128652976342?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 28, 2023<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/blockquote> \n\n\n\n<p>The HBAR Foundation's Wes Geisenberger highlighted GCR's unique proposition.\u201cImagine a world where our planet\u2019s ledger is public and transparent. That\u2019s the revolution GCR brings to the table,\u201d\u00a0he stated. <\/p>\n\n\n\n<p> In addition, ImpactX's Karen Robbins emphasized the significance of a seamless digital experience for carbon credit developers and purchasers.<\/p>\n\n\n\n<p>The release of the GCR represents a more sustainable future than just a technical achievement. By creating this database, the Asia-Pacific region will be more vital positioned to lead the international fight against climate change.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carbonbase Introduces Innovation with Global Climate Registry (GCR) on Hedera Hashgraph. What does this mean for carbon markets? Since Asia-Pacific is responsible for more than half of the world&#8217;s CO2 emissions, there was an imperative need for a local carbon registry. Carbonbase, in collaboration with the HBAR Foundation and ImpactX, has unveiled the Global Climate [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":57953,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[16222,15287,16223],"class_list":["post-57951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hbar","tag-hedera-2","tag-hedera-hashgraph"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/BIS-3.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/57951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=57951"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/57951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/57953"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=57951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=57951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=57951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}