IBM and Mitsubishi Work Together to Develop Blockchain Carbon Capture and Reuse Solutions

2021-8-17 09:07
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IBM Japan and Mitsubishi Heavy Industries have teamed up to develop CO2NNEX, a solution that uses blockchain technology to track carbon dioxide capture and recycling. Mitsubishi is responsible for the physical development of carbon dioxide detectors and IBM is responsible for the digital platform for carbon dioxide monitoring. . According to the Nikkei News, the two sides plan to build a carbon trading platform that will be tested in 2022. CO2NNEX can use the blockchain to track the collection and distribution of CO2, the goal. It can also provide average carbon to businesses by obtaining information on the costs of capturing and using carbon dioxide. In addition, a complete view of carbon components can improve your investment potential. (Leader Insight)

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2021-8-17 08:58