BNBforest:New business opportunities in the context of carbon neutrality

2022-04-27   

It is well known that blockchain has the potential to improve the efficiency of the flow of funds. This may help us reshape how capital flows, thereby curbing deforestation. But we need to explicitly give blockchain that mission, otherwise this new technology might just make financial processes smarter and cheaper, but not necessarily greener.

1 (2)

Traditional financial markets cannot curb illegal deforestation. So, should we completely change our thinking now and use a new way to completely curb deforestation, and build a new international technical cooperation platform in the process?

 

BNBforest is here to change all that. BNBforest is using blockchain technology to become a digital platform, connector, toolbox and ecological builder for the traditional forestry industry, injecting new kinetic energy from the production factors and reshaping the ecology. At the same time, it also allows everyone to contribute to the protection of the forest environment.

 

BNBforest is an application combination of NFT+DeFi+Metaverse+Forest, which digitizes the traditional forestry industry. This is not only a collision of finance and innovation, but also a fusion of value and flow, redefining the digital ecological forest pattern. Its future development potential and imagination space is enormous.

1 (3)

Tesla’s 2020 revenue from carbon credits was $1.58 billion, a figure that continues to grow as production capacity expands. For new energy companies, although only a small number of countries and regions and industries have entered the carbon emissions trading market, it is only a matter of time before other countries, regions and industries enter the market. Carbon sink premiums will become a trend in the future.

 

At the forestry carbon sink level: today, when the international community is paying extensive attention to global climate change,Mitigating and adapting to climate change by increasing forest carbon sinks through vegetation restoration and protection is becoming an increasingly important development issue; it is also the most economical and realistic means to deal with climate change at present. BNBforest hopes to use blockchain technology to form a new carbon sink consumption certificate. On the one hand, it can simplify the process of forestry carbon sink trading and promote enterprises to take the initiative to consume carbon sinks. On the other hand, it can provide enterprises with more credible and accurate low-carbon certification in the international business process.

1 (1)

At present, BNBforest is using the technology of combining blockchain and forest carbon sink energy to mark each tree on-chain through blockchain technology, and link the carbon sink generated by each tree to the tree through an algorithm. And based on the forest land that has been on-chain, it can be directly converted into digital assets, and the blockchain system is used for forest rights transactions.

Disclaimer: This article is reproduced from other media. The purpose of reprinting is to convey more information. It does not mean that this website agrees with its views and is responsible for its authenticity, and does not bear any legal responsibility. All resources on this site are collected on the Internet. The purpose of sharing is for everyone's learning and reference only. If there is copyright or intellectual property infringement, please leave us a message.

Newest

  • Fun Spades: Bridging Tradition and Innovation, A Journey Through Card Game Excellence

    Fun Spades rose as one of the leading forces in digital card gaming. With over millions of thousands of downloads, the app bridges tradition and innovation, offering diverse game modes, sleek interface, and social features. It celebrates the rich heritage of Spades while embracing modernity through updates and events. Looking ahead to 2024, the app's development team is gearing up for an exciting journey filled with innovative updates and features. As the realm of digital card gaming evolves, Fun Spades stands out as a captivating and intellectually stimulating choice for card game enthusiasts
  • 3X Upgrade! Meet with VOOPOO's New Super Pods ARGUS P2&G2

    VOOPOO, a leading innovator in the vaping industry, is delighted to introduce two new additions to its esteemed ARGUS Pod series - ARGUS P2 and ARGUS G2. The two new super pods come with a 3X upgrade, fully upgrading the user's vaping experience.
  • Powerful Tool in the Market - AXIS-VIP Account

    As time passes, we are quickly approaching the launch of the second phase of the Wealth Express program. Veenit Jindal, the CEO of the Asia-Pacific region at the U.S. Bancorp, after extensive market research and several rounds of negotiations, has finally selected AXIS as the brokerage firm for this collaboration. This decision will involve the public issuance of a certain number of VIP accounts. These accounts offer a range of powerful features, ensuring smooth sailing for the success of the Wealth Express program!
  • Wall Street's Indian Titan - Top Analyst Sanjay Patel

    Sanjay Patel was born in Surat.From an early age, Sanjay Patel demonstrated a strong interest in numbers and analysis. His father was an innovative teacher, and his mother was a social worker dedicated to improving the living conditions of the underprivileged.
  • Wall Street's Indian Titan - Top Analyst Sanjay Patel

    Sanjay Patel was born in Surat.From an early age, Sanjay Patel demonstrated a strong interest in numbers and analysis. His father was an innovative teacher, and his mother was a social worker dedicated to improving the living conditions of the underprivileged.
  • ISEKY Goddess Invitation NFT to be Listed on Xterio Platform, Offering Numerous Benefits

    As early as January 8th, ISEKY officially announced its entry into the Xterio platform and released a teaser video for its flagship product, ISEKY: Soul GPS. The video immediately captured the hearts of Web3 users. Within just one hour, a large number of participants flooded into ISEKY's Discord channel, and their enthusiasm even triggered Discord's protective measures, prompting ISEKY to temporarily halt new user registrations. Recently, ISEKY announced that the Goddess Invitation NFT will be listed on the Xterio platform on March 21st, once again attracting the attention of WEB3 users. Accor
  • A new giant on the global stage: ZIOPTO exchange reinvents digital trading

    ZIOPTO exchange, which has risen rapidly in the field of digital currency, recently announced its global expansion and diversification strategy. This strategy aims to further consolidate its position in the international market and promote global financial cooperation.
  • Trading innovation: ZIOPTO exchange user experience revolution

    ZIOPTO Exchange, an innovator in the field of cryptocurrency trading, recently launched a major upgrade to its user interface (UI), aiming to provide a more intuitive and easier-to-use trading experience. This upgrade marks ZIOPTO's in-depth understanding of customer needs and rapid response to market trends.
  • Powering Up Panel-Level Packaging! Capcon’s Die Bonder Wins Bulk Adoption by Internationally Leading IDM Giant

    Recently, Capcon’s large panel-level packaging die bonder,AvantGo L6 (Leo), has been adopted in bulk by an Internationally Leading IDM manufacturer and mass producer. It is believed that with the bulk application of AvantGo L6 by client, it will lead the panel-level packaging equipment towards maturity, laying a solid foundation for the development of the panel-level packaging industry and opening a new chapter of advanced packaging with low cost and high efficiency.
  • Wall Street's Indian Titan - Top Analyst Sanjay Patel

    Sanjay Patel was born in Surat.From an early age, Sanjay Patel demonstrated a strong interest in numbers and analysis. His father was an innovative teacher, and his mother was a social worker dedicated to improving the living conditions of the underprivileged.

Links

Back to top
©copyright 2009-2020 Raido Wien      Contact Us   SiteMap