UAE Researchers Launch Blockchain Carbon Trading Platform at COP28

Researchers from the Technology Innovation Institute’s Cryptographic Research Center in Abu Dhabi have introduced a blockchain-powered carbon tracking and trading platform. Launched at the COP28 conference, the platform allows for the international trade of carbon tokens associated with investments in green projects like ‘afforestation’ and ‘carbon capture’. The blockchain technology employed aims to track carbon emissions from global public and private organizations, supporting efforts to lower emissions towards net-zero goals.