Fully Diluted Valuation | $32.23M |
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24H Trading Volume | $66 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 18.55M |
Total Supply | 600.00M |
Max Supply | 600.00M |
Categories | Environment 1 more |
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Founder | Anonymous |
Website | cctoken.co |
Socials | |
Explorer | Perawallet 1 more |
Name | Pair | OG Score |
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Carbon credits are certificates that allow companies or countries to emit a certain amount of carbon dioxide (CO2) or other greenhouse gases. Each credit equals one tonne of CO2. These credits are part of efforts to reduce global emissions and combat climate change. In systems like cap-and-trade, companies can buy and sell credits to manage their carbon emissions. If a company emits less than its allowed amount, it can sell its extra credits to others who need them.
The Role of Blockchain in Carbon Credits
Blockchain technology is changing how carbon credits are managed and traded. With blockchain, every credit is securely recorded, making it nearly impossible to cheat the system. This technology also makes it easier to buy and sell credits, helping more people and businesses get involved in reducing emissions.
Introducing the Carbon Credit Token (CCT)
The Carbon Credit Token (CCT) is a new digital asset that brings carbon credits into the world of cryptocurrency. Each CCT represents a small amount of carbon, making it easy for individuals to participate in the carbon market. CCT is backed by the European Union Allowance (EUA), one of the most trusted carbon credit systems globally. Launched in March 2022, CCT is available on several cryptocurrency exchanges, making it accessible to anyone interested in contributing to environmental sustainability.
Security of Carbon Credits
Carbon credits, especially digital ones like CCT, are secured through a mix of physical and digital measures. These include secure storage, insurance, and regular audits to ensure everything is managed correctly. Regulatory oversight also plays a crucial role in maintaining the integrity of carbon credits.
How Carbon Credits Are Used
Carbon credits, including CCT, allow people and businesses to take part in reducing global emissions. By holding or trading CCTs, individuals can contribute to environmental sustainability and support the shift to greener energy sources. The use of blockchain technology ensures that the process is transparent and reliable, encouraging more people to get involved.
Conclusion
Carbon credits are an essential tool in the fight against climate change. With innovations like the Carbon Credit Token, more people can now participate in reducing emissions. By combining traditional carbon credits with modern technology like blockchain, the path to a greener future becomes clearer and more accessible.
The Carbon Credit Token (CCT) uniquely combines blockchain technology with carbon credits, allowing individuals to participate in regulated carbon markets by holding or trading tokens backed by European Union Allowances (EUA).
The specific founders of Carbon Credit Token (CCT) are anonymous, but the project is aligned with broader initiatives to democratize access to carbon credits using blockchain technology.
CCT is backed by the European Union Allowance (EUA), the most traded and regulated carbon credits globally, adding credibility and security to the digital asset.
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