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Softbank Asia invests in CNT project, enabling “carbon neutralization”

Published

3 years ago

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Softbank Asia recently launched a special investment fund of US $10 million to officially invest in CNT projects, boost CNT global carbon neutralization plan, giving full play to the function of carbon emission trading market, using blockchain technology to solve basic problems in carbon emission trading market and optimize carbon emission trading market. 

The CNT Foundation is building Carbon Trading Agreement — a public blockchain system based on Carbon Neutrality for Carbon emissions Trading. CNT Foundation believes that blockchain technology can better solve the basic contradiction in the carbon emission market. Similarly, carbon emission trading and carbon offset can alleviate the negative problems brought to the external environment by the blockchain PoW consensus mechanism. The successful application of blockchain in anti-counterfeiting traceability and supply chain management has fully demonstrated the technology’s powerful ability to communicate point, line and surface and maintain information integrity. 

Since the mid – 19th century, such activities have been the main cause of global warming. According to the current trend, even if countries actually implement the carbon emission reduction promised in the Paris Agreement, by 2100, the concentration of carbon dioxide will still exceed 580ppm, which is more than twice the  concentration at the beginning of the industry. In order to mitigate the impact of global warming and climate change, we must significantly reduce the emission of carbon dioxide. 

CNT’s commitment to a more open and transparent decentralized carbon market will help promote climate action globally and be more in line with the “bottom-up” climate governance spirit of the Paris Agreement. Carbon market data is stored synchronously by multiple nodes, and the process of carbon trading is decentralized, enabling faster participation in the new carbon sink market. Carbon sinks and chain assets, carbon trading and carbon neutral data flow can check at any time, improve the credibility, the most critical of the carbon market information transparency and double calculation problem will be solved, in the international and interregional carbon market, improve the content of authenticity, can attract more enterprises and organizations to participate in, Expanding the scope of participation in global carbon neutralization.  

“Carbon neutralization” – a rare global consensus and unified action. The data show that more than 120 countries and two-thirds of the economies have joined the great transformation of “carbon neutralization”, and the blockchain industry is also in the “carbon” storm. It is estimated that by 2030, the cumulative trading volume of carbon emissions may exceed 100 billion yuan, and the market scale of blockchain technology in global carbon trading will usher in a breakthrough of US $trillion. Therefore, every move of the blockchain industry has become the focus of carbon neutralization action. 

One of the significant changes that CNT’s blockchain data mechanism can bring is consistency and transparency, which can help global enterprises break through information barriers and make up for information defects on key issues; The second is high data privacy, which can solve the contradiction between business information confidentiality and environmental information disclosure, flexibly adapt to the disclosure strategy of key issues, and avoid risks under the regulatory system composed of government departments, financial institutions and third-party audit. 

For a long time, the consensus mechanism of blockchain as proof of equity (PoW) has been criticized. The problems of huge energy consumption and carbon emissions have been gradually recognized, and new ideas of technology have emerged one after another. (previously, the new CNT technology has been able to solve the problem of energy consumption in the form of data verification and recording between nodes, so that people need to enter carbon offset while networking the blockchain. The whole blockchain network achieves carbon neutralization and meets the requirements of environmental protection. 

The production and management data can not be tampered with after being linked, the time is accurate and the operator is accurate. On the one hand, data on the chain can help enterprises improve overall efficiency and resource utilization, control low-carbon or zero carbon production costs, transform and upgrade processes and technologies, form new market competitiveness under the goal of carbon neutralization, and build a low-carbon raw material supplier system; On the other hand, it can help enterprises achieve carbon accounting in line with standards and norms, so as to promote scientific emission reduction targets, implement energy conservation and emission reduction actions, and realize carbon leap. 

Softbank ventures Asia has managed more than US $1 billion. In recent years, Softbank Asia has focused on promoting carbon neutralization as a long-term undertaking. Encourage enterprises to strengthen technological R&D and innovation through investment, and take carbon neutralization as an opportunity to accelerate the transformation of low-carbon technologies. Softbank Asia responds to the global call for low-carbon, contributes to sustainable development, actively performs social responsibilities, and promotes the economic and social development in the direction of low-carbon, green and recycling through the combination with the blockchain industry. 

Softbank Asia, together with CNT, combines blockchain technology with the carbon market, constantly explores the potential of programmable carbon sink, improves the response of carbon sink assets in similar activities, increases the awareness of enterprise carbon emission reduction, and promotes the realization of carbon neutrality in enterprise business activities. Improve the adaptability of society to climate change, mitigate the impact of global warming, mobilize more people to actively participate in global carbon emission reduction, and assume the industrial responsibility of protecting the green earth.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Enhance Safety with Anti-Slip Stair Nosing – Now Available Australia-Wide! Get 25% Off Your Order with Code OCT25OFF!

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6 mins ago

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October 24, 2024

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SafetyXpress is excited to announce a special promotion on our premium range of anti-slip Stair Nosing, available for delivery across Australia. From just AUD $39.36, you can enhance the safety of your stairways and significantly reduce the risk of workplace injuries. This limited-time offer ends on October 31, 2024. Terms and conditions apply; stock is limited.

Why Choose Stair Nosing?

Our Stair Nosing products provide a superior grip, making your stairs safer for everyone. Whether you’re in Brisbane, the Gold Coast, Melbourne, or Sydney, our durable Stair Nosing solutions can be delivered right to your door, ensuring you have what you need to enhance safety quickly and efficiently.

Fast and Convenient Delivery

Order online in just a few minutes, and we’ll arrange for same-day dispatch. Once your order arrives, installation is a breeze, allowing you to transform your staircases into safe, anti-slip surfaces.

Versatile Solutions for Every Environment

Our Stair Nosing is designed to meet various needs, featuring industrial-grade fiberglass options that withstand heavy traffic in demanding environments such as marine, mining, and factories. With exceptional grip, our products are effective even in wet, oily, greasy, or dusty conditions.

Key Benefits of Our Stair Nosing:

  • Provides a non-slip surface
  • Covers sharp edges to prevent injuries
  • Slip-resistant in nature
  • Reduces slips, trips, and falls
  • Enhances the aesthetic appeal of stairs
  • Improves visibility for safer navigation
  • Heat and flame resistant
  • Exceptionally durable for long-lasting use

Don’t Miss Out!

Explore our complete range of anti-slip Stair Nosing and enjoy a limited-time 25% discount with code OCT25OFF at checkout. Safeguard your spaces with our durable safety solutions and ensure peace of mind for everyone using your stairs. Plus, take advantage of our “5% Price Beat” program, where we’ll beat any quoted price by 5%, ensuring you save even more. Don’t miss out!

For more information, visit SafetyXpress Stair Nosing.

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Cloud PR Wire

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Press Release

DePIN Hunter redefines the new world of Web3

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6 mins ago

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October 24, 2024

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With the rapid development of technology and the acceleration of global digital transformation, decentralized technology is becoming the core of the new generation of Internet revolution. As a platform that integrates DeSci (decentralized science), DeTraffic (decentralized traffic), DAO (decentralized autonomous organization) and fog computing technology, DePIN Hunter is leading the future of Web3 and artificial intelligence (AI).

DePIN Hunter

DePIN Hunter is committed to building a decentralized physical infrastructure network (DePIN) that provides unparalleled support for big data traffic and content distribution through its distributed physical hardware and powerful AI computing capabilities. This infrastructure greatly reduces reliance on traditional centralized infrastructure and significantly enhances the stability and scalability of the platform.

AI big data traffic engine technology is another major technical highlight of the platform. It can process and analyze massive data in real time, provide personalized experiences based on user behavior and preferences, and optimize content distribution strategies. This not only improves the user experience, but also enhances the market adaptability and responsiveness of content providers.

The application of fog computing technology shifts data processing tasks from the central cloud to the edge of the network, that is, near users and data sources. This transformation greatly reduces data transmission delays and improves processing efficiency, which is especially valuable in applications such as the Internet of Things, smart cities, and remote monitoring.

DePIN Hunter has completely changed the limitations of traditional business models through its circular ecological model, achieving an organic combination of technology and business. This circular ecological model combines AI and encryption technology, media and aggregate traffic, and DePIN hardware to form a self-reinforcing system. Every technological advancement of the platform is directly fed back to the ecological model, enhancing its overall performance and user experience, while also creating substantial economic value for ecosystem participants.

The addition of the chain reform project further expands the functions and market applications of the DePIN Hunter ecosystem. By digitizing real-world assets and using blockchain technology to manage them, these projects not only increase the liquidity and transparency of assets, but also seamlessly connect traditional assets to the digital economic system. For example, DePIN Hunter’s RWA (real assets on-chain) module introduces traditional assets such as real estate and energy into the blockchain through chain reform technology, realizing the digitization of asset registration, tracking and transactions.

DePIN Hunter

In DePIN Hunter’s economic model, the DPH token plays a vital role. As a governance rights token, DPH is used in the platform for various functions such as transactions, transfers, payment of circulation GAS fees, and participation in governance voting. This token economics model not only ensures the autonomy and flexibility of the system, but also provides users with economic incentives to directly participate in platform profitability, thereby promoting the long-term development and healthy operation of the platform.

DePIN Hunter’s future plans focus on continuing to promote technological innovation and expand its business influence. As the technology further matures and the market expands, DePIN Hunter is expected to play an increasingly important role in the global Web3 field. From technological innovation to business models, DePIN Hunter is working tirelessly to build a more open, secure and efficient digital future.

DePIN Hunter is more than just a technology platform. Its vision is to stimulate innovation vitality on a global scale through innovative technology and open business models, promote the widespread application of decentralized technology, and ultimately achieve a freer and fairer digital world. 

Media contact

Company Name:DePIN Hunter

Email: depinhunter@depinsms.com

Country:USA

Website:https://depinhunter.cn/

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Press Release

PandaEarth An Innovative Meme Coin is Gaining Popularity for its Focus on Sustainable Future

Published

6 mins ago

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October 24, 2024

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Singapore, 24th Oct 2024 – Recently, PandaEarth has been gaining attention in the cryptocurrency market as a unique meme coin that combines humor with an eco-friendly message. This coin goes beyond being a mere investment vehicle; it aims to raise awareness about climate change and promote a campaign for a sustainable future.

Vision of PandaEarth
PandaEarth is dedicated to increasing awareness of climate issues and supporting environmental protection activities. A portion of the transaction fees from this coin is donated to renewable energy projects and wildlife conservation, contributing positively to the planet.

Community Engagement
PandaEarth places great importance on community involvement. Through various social media platforms, the project actively engages with fans and runs events and campaigns that allow community members to participate directly. This engagement enhances the value of PandaEarth and helps spread the eco-friendly message to a broader audience.

The Appeal of Meme Coins
With its adorable panda mascot and entertaining content, PandaEarth has captured the hearts of many. Users can promote the coin through memes, allowing them to pursue both fun and value. PandaEarth provides an enjoyable experience, highlighting the importance of environmental activities while fostering a sense of community.

Conclusion
PandaEarth stands out as a project that balances fun and authenticity, making it an attractive choice for cryptocurrency investors and those passionate about environmental protection. Join the journey of PandaEarth and be part of a sustainable future!

To explore the world of PandaEarth and help kickstart the eco-friendly revolution, visit: www.pandaearth.xyz

Media Contact

Organization: Panda Earth

Contact Person: Jake

Website: http://pandaearth.xyz/

Email: Send Email

Country: Singapore

Release Id: 24102418943

The post PandaEarth An Innovative Meme Coin is Gaining Popularity for its Focus on Sustainable Future appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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