Arx Veritas and Blubird use blockchain technology to tokenize $32 billion in carbon reduction assets

According to Odaily Planet Daily, Arx Veritas, a wealth tokenization platform, and Blubird, an infrastructure company, have completed the tokenization of $32 billion worth of carbon emission reduction assets (ERAs) using blockchain technology, equivalent to preventing 394 million tons of carbon dioxide emissions. The tokenized assets include sealed oil wells and coal mines, achieving carbon reduction by preventing the mining, transportation, combustion, and pollutant emissions from abandoned oil wells. This reduction is equivalent to the carbon emissions of 395 million round-trip flights from New York to London, or 986 billion miles of car driving. (Cointelegraph)