Press Release

CNT uses blockchain technology to help “carbon neutralization”

Published

3 years ago

September 29, 2021

At a critical moment when environmental problems are increasingly affecting human survival, the world recognizes that achieving “carbon neutralization” is a necessary stage to slow down global warming. Statistics show that more than 120 countries and two-thirds of the economies have joined the great transformation of “carbon neutrality”.

At present, carbon emission trading is considered as an effective tool to deal with climate change with the market mechanism. Through the carbon dioxide emission quota of the main greenhouse gas, government departments can control the total amount of carbon emission quota, so that the emission control enterprises incorporated into the market are limited by the carbon emission quota, and then through the introduction of the trading mechanism, the optimal allocation of resources can be achieved. Therefore, many countries have initiated the eco chain alliance to focus on the application of blockchain in key application scenarios such as carbon trading ecological network. It can be said that blockchain technology has great application value in helping to achieve the goal of carbon neutralization in the future.

CNT foundation is establishing carbon trading agreement, a public blockchain system focusing on carbon neutrality and carbon emissions trading. CNT Foundation believes that blockchain technology can better solve the basic contradictions in the carbon emission market. Similarly, carbon emission trading and carbon offset can alleviate the negative problems brought to the external environment by the blockchain POW consensus mechanism.

Through blockchain technology, CNT can establish a traceability application covering the whole supply chain and fully evaluate the carbon footprint of suppliers, so as to judge whether it can be incorporated into its own supply chain system. Enterprises in the supply chain can also collect and analyze their carbon emission performance through traceability data to reduce carbon emission, improve energy efficiency and optimize business to achieve carbon neutralization.

The application of blockchain traceability can also improve the transparency of industrial chain and supply chain. With transparent and reliable data, enterprises can make effective carbon disclosure and formulate corresponding carbon compensation schemes, so as to realize the real carbon neutral supply chain and negative carbon supply chain.

Using blockchain and privacy computing technology, information can be verified but invisible. Through the private key signature authorization of the data owner, the data access right can be temporarily opened to specific potential partners, upstream and downstream enterprises and third-party regulators to verify carbon emission related data. All quantifiable carbon emission data can be shared safely in this way.

Once the concerns about enterprise data security are eliminated, carbon emission data can be circulated and shared at the industrial level, and the value of data can be truly unlocked. This will advance the process of achieving the goal of carbon neutrality.

If we want to reduce greenhouse emissions to avoid two degrees of temperature rise and even worse climate change, we need to make fundamental technological innovation. Although emission trading markets are potential solutions, they must be improved in order to achieve a certain degree of meaningful emission reduction in market efficiency and scale. Although blockchain technology can theoretically improve these markets, suitable networks that can promote this market transformation have not been developed. In addition, the blockchain network (the most popular blockchain in the past) does not have a design to reduce the impact on the environment. Therefore, in the spirit of decentralization and sustainability, carbon trading agreement has developed into a blockchain carbon sink trading network with carbon neutralization as the core.

By enabling the carbon trading agreement, the customers on the network will contribute to their carbon neutralization through their transaction fees. The transaction fees are concentrated to purchase real and verifiable carbon sink assets, and then offset the carbon trace of the carbon trading agreement, so as to ensure their de neutralization, carbon trading, carbon neutralization and carbon asset storage. The process is transparent and supervised by various stakeholders in community governance, including CNT holders, verifier nodes and elected committee members, who are encouraged to maintain the security and reliability of the network.

Realizing “carbon neutralization” is one of the major trends in the future. As a new generation of subversive core technology after steam engine, power and Internet, blockchain’s unique personality will play a key role in the carbon trading market. Through the application of blockchain technology, the scale of the global carbon trading market may exceed trillion dollars in the near future. It can be said that there is still a lot of room for development.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Bridging the Gap: Decentra Hubs Leading the Charge in WEB3 Integration

Published

45 mins ago

April 25, 2024

Cloud PR Wire

Decentra Hubs was founded by Burak Korkmaz and has a well-known structure in the market as a WEB3 agency that has produced successful products in blockchain and WEB3 projects. Responding to the projects of entrepreneurs by building bridges between traditional WEB2 and WEB3 technologies, the agency offers a wide range of services such as software development, marketing, consultancy, branding, community management and social media strategies. Decentra Hubs ensures that its partners not only meet current needs but also prepare for the effects of future innovations.

Burak Korkmaz says, “Our vision is to establish strong, sustainable partnerships to bring projects to long-term success, rather than just offering solutions. With the technologies we use in the field of Blockchain and WEB3, we turn what our partners dream of into usable products.” This is shows how Decentra Hubs helps its partners keep up with technology by taking advantage of the most efficient points of technology.

As the WEB3 world continues to shape the digital economy with its innovations, Decentra Hubs’ vision and commitment to project success further establishes its role in the market as a key solution provider in this dynamic field. Their ongoing projects and partnerships show their deep commitment to WEB3 projects and their use of this technology for real projects while developing it. This process enables businesses and entrepreneurs to efficiently manage their digital transformation and quickly adapt to changing dynamics in the market.

For more information, you can visit the Decentra Hubs website:

https://decentrahubs.com

Company: Decentra Hubs

Website: www.decentrahubs.com

Email: [email protected]

Country: Istanbul

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Cloud PR Wire

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Press Release

Dance/Pop Singer ZAK Brings a Brand New Uplifting Song ‘Exotic’

Published

45 mins ago

April 25, 2024

Cloud PR Wire

It is time for music lovers to hit the dance floor with ZAK’s brand newdance/pop song ‘Exotic’, appearing in the namesake EP project along with three other songs.

Chicago, Illinois Apr 25, 2024 (Issuewire.com) – Some music artists are born to spread love through their music which is gladly accepted by global listeners such as Michael Jackson and Beyonce. Following these legends as inspiration, ZAK has decided to come up with a brand new song that can tantalize the hearts of his fans. His brand new song ‘Exotic‘ is creating a huge buzz among music lovers with its captivating musicalapproach. Powerful, energetic, and highly enthusiastic; this song is deftly produced to envelop the mass audience. It consists of a fine mixture of dance, pop, and R&B music which makes it quite groovy and a perfect companion for the dance floor.

ZAK has dropped a brand new EP project this year which offers a total of 4 different tracks including the title track ‘Exotic’. Other songs like ‘Ecstasy’, ‘Symphony’, and ‘Giving Nothing Thats Everything’ also offer high-octane musical experiences with some distinctively different concepts. Release on April 05, this EP is another successful milestone in ZAK’s highly progressive musical journey. His creative mind and diversified skills allow him to adapt to every kind of soundscape and offer an immersive journey. Due to his powerful musical contributions, the artist has managed to make some significant progress within a short duration. He has been recently featured on AFX Radio, London, which made the song “As Long As Ur Happy” even more popular among music lovers. With his continuous streak of success, he is about to become a Billboard chart-topper.

ZAK thrives to offer a unique experience through his music by narrating the stories of his own life through energetic musical compositions that are loved by everyone. Some other musical projects from his arsenal like the album ‘Sticky Sweet’, and singles like ‘Pose’, ‘D.a.P’, ’37+32′, etc are the greatest examples of his individuality. Follow him on Spotify, SoundCloud, YouTube, and Apple Music to explore more about his musical creations.

Listen to this song on Spotify:

https://open.spotify.com/track/4zikm49JiO2dMY5YeLDGXX

Media Contact

Daily Music Roll

[email protected]

https://www.dailymusicroll.com

Source :ZAK

This article was originally published by IssueWire. Read the original article here.

COMTEX_451389795/2777/2024-04-25T05:55:27

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Press Release

Experience Luxury and Charm at Cape Town’s Premier 5-Star Boutique Hotel

Published

45 mins ago

April 25, 2024

Cloud PR Wire

Cape Town, Atlanticview is a privately owned, intimate, luxury five-star boutique hotel that offers a truly unforgettable experience. Situated between the majestic Table Mountain and the sparkling Atlantic Ocean, this hidden gem is the epitome of elegance and sophistication.

With its prime location, Atlanticview provides easy access to all the main tourist attractions, making it the perfect choice for discerning travelers seeking a luxurious retreat in the vibrant city of Cape Town

Unparalleled Location and Accessibility

Boasting a prime location in fashionable Camps Bay often referred to as “The South African Corniche,” Atlanticview is surrounded by an array of world-class restaurants, bars, and pristine beaches.

Guests can indulge in the vibrant energy of the city while being just minutes away from iconic landmarks such as Table Mountain, the V&A Waterfront shopping center, and the bustling downtown area.

Additionally, the hotel is conveniently located a short distance from Cape Town International Airport, ensuring a seamless and stress-free arrival and departure experience for guests.

Breathtaking Views and Tranquil Surroundings

One of the most remarkable features of Atlanticview is its commanding 180-degree panoramic views that stretch from the towering peaks of Table Mountain to the majestic Twelve Apostles range, all the way to the endless expanse of the Atlantic Ocean.

Whether you’re seeking a romantic getaway, a honeymoon destination, or simply a serene retreat, the hotel’s picturesque setting alongside a tranquil greenbelt and nature reserve offers a sense of peace and seclusion, providing the perfect backdrop for unforgettable moments and cherished memories.

Unwind and Explore the Beauty of Cape Town

Cape Town, often hailed as one of the most beautiful cities in the world, captivates visitors with its diverse attractions and natural wonders. From the vibrant city center to the idyllic beaches and the rich cultural heritage, Cape Town has something for everyone.

With so much to explore, guests are encouraged to immerse themselves in the city’s charm and take the time to savor its myriad delights.

Whether it’s a leisurely 5-7 night stay to experience the highlights or a more indulgent 10-14 night retreat, Atlanticview provides the perfect base for guests to truly unwind and discover the magic of Cape Town at their own pace.

A Personalized Recommendation

Recognizing the value of relaxation and seamless travel experiences, Atlanticview encourages guests to make the most of their stay by avoiding unnecessary transitions between accommodations.

By choosing Atlanticview as your home away from home, you can eliminate the hassle of constant check-ins and check-outs, allowing you to fully embrace the tranquility and beauty of Cape Town without any interruptions.

With a warm and welcoming ambiance, the hotel invites guests to create lasting memories and embark on unforgettable adventures from the comfort of their luxurious retreat.

In short, Atlanticview Cape Town Boutique Hotel stands as the quintessential choice for those seeking an unparalleled luxury experience in the heart of Cape Town.

With its breathtaking views, convenient location, and commitment to guest satisfaction, Atlanticview embodies the essence of a five-star boutique hotel, offering an oasis of tranquility and sophistication amidst the vibrant energy of this captivating city.

Whether planning a romantic escape, a honeymoon, or a leisurely holiday, Atlanticview promises an unforgettable stay that exceeds all expectations.

Full name: Greg Boki

Website – https://atlanticviewcapetown.com ,

Email: [email protected]

Address – 31 Francolin Rd, Camps Bay, Cape Town, 8005