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CNT – saving the earth with blockchain Technology

Published

3 years ago

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2021 is the first year of carbon neutralization. Global warming is an indisputable fact. Recently, more and more frequent smog and extreme climate have hurt us deeply. If we do not actively deal with it, our future generations are likely to die from the harm brought by climate warming. In order to mitigate the impact of global warming and climate change, we must significantly reduce the emission of carbon dioxide. 

The progress and evolution process of human civilization, from “ignition” to “boiling water”, is essentially the utilization process of energy level. A new round of energy revolution is a turning point that can determine the rise and fall of various civilizations. 

What is carbon neutralization? The so-called “carbon neutralization”, that is, net zero emission, refers to the carbon emission necessary for human economic and social activities, which is captured, utilized or stored through forest carbon sink and other artificial technologies or engineering means, so that the net increase of greenhouse gases emitted into the atmosphere is zero. The quantitative change of carbon peak cannot be qualitatively changed to carbon neutralization. Carbon peak is the stage of emission threshold. To achieve carbon neutralization, we need to upgrade science and technology and play the role of carbon trading market. 

CNT foundation is establishing carbon trading agreement, a public blockchain system focusing on carbon neutrality and carbon emissions trading. CNT Foundation believes that blockchain technology can better solve the basic contradictions 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. 

CNT aims to create a more open and transparent carbon removal market, which will contribute to the global promotion of “waiting for action”, and is more in line with the “going down and going up” spirit of “waiting for governance” in the Paris Agreement.The carbon market data is stored synchronously by multiple nodes. The carbon trading process is decentralized, which can participate in the trading of the new carbon sink market more quickly. The carbon sink assets, carbon trading and carbon neutralization data circulation on the chain can be verified at any time to improve the credibility. The most critical data and information transparency and double calculation problems in the carbon market will also be solved. In the transnational and cross regional carbon market, improving the authenticity of transaction content can attract more enterprises and organizations to participate and expand the scope of participation in global carbon neutralization.

    Blockchain technology, known as “trust machine”, as a distributed shared ledger and database, has the characteristics of decentralization, non-tampering, whole process trace, traceability, collective maintenance, openness and transparency. These features ensure the “honesty” and “transparency” of the blockchain. Blockchain can solve the problem of information asymmetry and realize cooperation, trust and concerted action among multiple subjects. As an information technology means that can realize point-to-point transactions, blockchain technically ensures that each consumption behavior is well documented, true and credible; At the same time, the smart contract records and witnesses the transaction behavior at multiple nodes, providing a clear and orderly market environment for the transaction of consumption vouchers.

What does blockchain technology bring to the carbon trading market? 

  1. Blockchain creates a safer, more efficient and more economical market environment for carbon trading. Efficient and economic carbon trading activities will strongly stimulate the enthusiasm of carbon emission enterprises to participate in market trading, thus encouraging enterprises to carry out technological innovation and upgrading of industrial structure, and promoting enterprises to save energy and reduce emissions from the source. Ensure the authenticity, safety and efficiency of carbon trading activities from every link, and build a safe and efficient environment for carbon trading market.
  2. Blockchain creates a more visible, credible and reliable regulatory environment for carbon trading. Using block chain technology to create carbon trading main body, transaction institutions, government and other various carbon asset trading model to build, flexible interaction, from carbon permits access, transaction, circulation, to trade, on the whole process of data chain trusted Shared storage and application, makes carbon emissions quotas under the condition of the “visible” to do business, To build a visible trading supervision mirror for all links and the whole process, and promote the transparency and orderliness of the global carbon emission trading market.

CNT is a core member of the Climate Chain Coalition (CCC), responsible for promoting the Asian market and working together for the Paris Agreement on global Climate action against warming. The Climate Blockchain Alliance, supported by the United Nations Framework Convention on Climate Change (UNFCCC), is an open global organization that uses blockchain technology and related data solutions (e.g.Internet of Things, big data) to help finance climate action, And strengthen the implementation of the Carbon emission measurement, accounting, reporting and verification system (MRV) to mitigate global warming. 

Carbon Trading Agreement is not only a carbon neutral trading application platform. In the design of its contract layer, any third party can establish its own application on CNT. Carbon Trading Agreement plans to migrate on the chain and become part of a decentralized ecosystem. In the future, through international cooperation with the sustainability sector and blockchain industry, Carbon Trading Agreement wants more people to co-develop decentralized apps dedicated to sustainability. Even if the Carbon Trading Agreement is successful, the world will still need more technological innovation and more people to participate in carbon neutrality in mitigating and adapting to the challenges posed by global climate change.

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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

Spread Joy this Holiday Season with PQ.Hosting: Join Our Charity Campaign and Win a MacBook Air!

Published

10 hours ago

on

December 24, 2024

By

Chisinau, Moldova —

PQ.Hosting, a global leader in high performance hosting solutions, is pleased to announce a special charity campaign. This initiative supports orphanages and offers participants the chance to win incredible prizes, including a MacBook Air 13.

The holiday season is time for family, festivities and heartfelt wishes. However, for many children in orphanages, these cherished traditions can feel out of reach. PQ.Hosting has long supported orphanages and is now calling on its clients to join this meaningful cause. Together with our clients, we can bring holiday magic to children in need.

How to Participate in the Charity Campaign?

Joining the campaign is simple and rewarding:

  • Order or Extend a Hosting Plan: PQ.Hosting will donate 10% of clients payments to orphanages
  • Enter the Prize Giveaway: Follow four easy steps to qualify for amazing prizes.

Join the Celebration: Win Exciting Prizes with PQ.Hosting

This holiday season, PQ.Hosting offers clients an opportunity to win amazing prizes, including:

  • iPhone 16 Pro Max
  • 3 Gaming Accessories Sets
  • €50 Account Balance
  • Gaming Chair
  • Smart Speaker
  • 1 Year of Free VPS Hosting
  • 3 Months of Dedicated Server Usage
  • 1-Year VPN Subscription
  • Exclusive PQ.Hosting Merch
  • 10 Telegram Premium Subscriptions for 1 Year
  • Grand Prize: MacBook Air 13

Visit our website for more details!

Key Dates

Campaign Period: From 18th December 2024 to 29th December 2024 (11:59 PM UTC+3).

Winners Announcemeign is our way of ending the year on a heartfelt and impactful note,” said Ivan Neculiti, CEO of PQ.Hosting. “We invite everyone to join us in spreading joy and embracing the true essence of the holiday season.”

Media Contact

Organization: PQ.Hosting

Contact Person: Stella

Website: https://pq.hosting/en/

Email: social@pq.hosting

About PQ.Hosting

Founded in 2019, PQ.Hosting has earned a reputation for delivering high-performance VPS/VDS, dedicated servers, VPN, proxy and SSL certificates to over 150,000 clients worldwide. With a network spanning 42 countries and speeds up to 10 Gbps, PQ.Hosting continues to set industry benchmarks for speed, reliability and customer service.

Don’t miss this chance to make a difference and win amazing prizes. Together let’s make this holiday season unforgettable!

nt: 30th December 2024 during a live broadcast on our YouTube Channel.

Together We Can Create Holiday Magic

“Our 2024 journey has been extraordinary, with milestones that reflect growth and success. This campaign

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Press Release

Vietnam Set to Welcome Nearly 16 Million International Tourists by End of 2024

Published

12 hours ago

on

December 24, 2024

By

Vietnam’s tourism sector is on track for a remarkable year, with nearly 16 million international visitors expected by the end of 2024, marking a significant rebound and growth in the industry.

According to the latest data from the Vietnam National Administration of Tourism, the total number of international arrivals reached approximately 15.84 million during the first eleven months of 2024, reflecting a 41% increase compared to the previous year. In November alone, Vietnam welcomed 1.71 million international tourists, a 20.5% rise from October and a staggering 38.8% increase from November 2023.

Market Growth and Major Source Markets

The growth in international visitors has been predominantly driven by travelers from Asia, who account for nearly 80% of all arrivals. Major source markets include South Korea, China, Taiwan, Japan, the United States, India, Malaysia, Cambodia, Australia, and Thailand. Notably, South Korea leads the way with over 4.13 million visitors, marking a 128.3% increase compared to the previous year, while China follows closely with 3.3 million visitors, a significant 222% rise.

European markets are also contributing to this growth, with the United Kingdom being the top source, sending over 279,000 tourists, followed by France, Germany, and Russia.

Mr. Phan Trong Thang, Director of Metta Voyage, commented, “Vietnam is on the rise, being chosen in the region for its freshness compared to Thailand, Indonesia or Singapore, its diverse and affordable cuisine, and the many newly opened direct flights at reasonable costs.”

Positive Trends Across Various Markets

Several countries have seen remarkable increases in visitor numbers compared to the previous month, including Poland (up 238%), Italy (up 88%), and Norway (up 66%). This upward trajectory highlights Vietnam’s increasing appeal as a tourist destination.

Mr. Nguyen Cuong Bach, Deputy Director of Metta Voyage, added, “High-end travelers are choosing Vietnam tour packages for its diverse experiences from North to South, the availability of new premium products, and the dedicated service of the Vietnamese people.”

Diverse Tourist Arrivals

Arrivals via air travel remain the most popular, with over 1.4 million international guests flying into the country. This trend underscores the importance of enhancing air connectivity to sustain growth in Vietnam tourism.

Conclusion

With a predicted total of 17 to 18 million international visitors by the end of 2024, Vietnam’s tourism industry is poised for a successful year. The country’s rich cultural heritage, stunning landscapes, and diverse experiences continue to attract travelers from around the globe.

Company Name: Metta Voyage Co., Ltd

Content Person: Nguyen Cuong Bach 

Contact Email: bach@mettavoyage.com

City: Hanoi

State: Hanoi, Vietnam

Website is: https://mettavoyage.com

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Press Release

ReelDAO Joins NVIDIA Developer Program: Revolutionizing the Short Film Industry with AI and Blockchain

Published

13 hours ago

on

December 24, 2024

By

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ReelDAO, a pioneering decentralized platform dedicated to transforming the short film industry, has officially joined the NVIDIA Developer Program. This collaboration marks a significant step in ReelDAO’s mission to harness generative AI and blockchain technologies, empowering creators and reshaping content creation and distribution worldwide.

“We are thrilled to join the NVIDIA Developer Program,” said the founder of ReelDAO. “This partnership will accelerate our technological innovation, particularly in AI-powered creation tools and Web3 decentralization.”

Empowering Short Film Creation with AI

ReelDAO’s proprietary VisionaryAI engine, enhanced by NVIDIA’s technological support, is poised to redefine the industry:

  • Intelligent Scriptwriting: Leveraging NVIDIA AI for seamless narrative construction.
  • Dynamic Video Production: Accelerating rendering speeds and improving visual quality with GPU-optimized tools.
  • Real-Time Effects: Delivering Hollywood-level special effects to independent creators at reduced costs.

Blockchain and AI Synergy

As the first Web3-powered short film platform, ReelDAO integrates blockchain technology to decentralize content creation, distribution, and revenue management. With NVIDIA’s support, ReelDAO is enhancing smart contract optimization and distributed computing, further solidifying its industry leadership.

Through the native RDO token, creators can access AI tools, participate in governance through voting, and enjoy equitable revenue sharing, fostering a community-driven ecosystem.

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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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