UN, Envision and HBAR Collaborate to Launch Digitization Platform for Carbon Market

Developed in collaboration with the UN Climate Change Global Innovation Hub (GIH), Envision Blockchain, in partnership with the HBAR Foundation and Swirlds Labs, aims to use decentralized blockchain technology for the digital transformation of carbon markets by creation of an open-source Managed Guardian Service platform.. It includes features such as artificial intelligence and guided search for the UN Framework Convention on Climate Change’s Clean Development Mechanism (CDM) methodology library, contributing to the industry’s evolution. Developed on the Hedera Hashgraph (HBAR) blockchain, the platform focuses on a digitized and digital measurement, reporting, and verification (dMRV) system for carbon markets.