The platform is not a trading or rating mechanism; instead, it exists to provide invaluable data to all participants in the carbon credit ecosystem—sellers, buyers, and service providers alike.and Centigrade are poised to deliver a critical service to the carbon market. The open data platform allows investors to make informed decisions, potentially fostering a more robust supply of high-quality credits and ensuring the effective operation of carbon and nature markets.
This effort forms part of Ripple's broader strategy for combating climate change. Having previously invested in the tokenization of carbon credits, Ripple continues to champion environmentally friendly practices within the cryptocurrency sphere.
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