RED Platform blog
How to Calculate Your Carbon Footprint as a Small Business
Before we begin, let us share a few statistics around carbon footprint and small businesses, from recent UN-backed research: SMEs (Small to Medium-Sized Businesses) make up 90% of the business worldwide and are responsible for the livelihood of 2 billion people. But only about 50% of the SMEs calculate their carbon emissions. Of these, about…
Can Blockchain Networks Fix Carbon Offsets?
Blockchain technology and cryptocurrency have realized a meteoritic rise over the past decade. As the underlying technology behind cryptocurrency, blockchain is seen to provide numerous solutions to the current world’s problems, including fixing the ever-increasing carbon offsets from cryptocurrency mining. One popular way companies use to achieve their emission goals is through the purchase of…
Best Carbon Offsets Program for 2022
To survive in the modern world, we each have a carbon footprint. We produce emissions when we eat, shop, and travel. Alternatively, if we are a business, activities like commuting, electricity generation, industrial processes, shipping, and agriculture contribute to our carbon footprint. We must significantly reduce our carbon emissions to prevent climate disasters and meet…
Applications of Blockchain in Carbon Trading
Information is the lifeblood of business. The quicker and more effective it is received, the better. Blockchain is excellent for providing information because it delivers immediate, shareable, and entirely transparent information kept on an immutable ledger that permissioned network users can only view. Orders, accounts, payments, production, and much more may get tracked using a…
The Future of the Blockchain: Tracking Carbon Offsets
Blockchain technology isn't simply for those looking to make a quick buck by investing in cryptocurrency. Indeed, cryptocurrencies such as Ether are intended to fuel blockchains. While blockchains are frequently employed in developing games and other apps, the crypto world is also altering the carbon credit market.
Green Practices that Reduce your Carbon Footprint
Save Mother Earth! You must have heard this phrase several times by now with environmentalists and activists trying to raise awareness on the issue of climate change. This has become a serious issue today as several summits are being held to curb global warming and reduce the carbon footprint of every nation. However, you need…
How to Fight Global Warming in 5 Steps
We must take action now to stop or try to limit global warming. According to the United Nations, the world is already on a path to global warming of more than double the 1.5 degrees Celsius limit agreed upon in the 2015 Paris Climate Agreement. Unfortunately, climate change doesn’t just affect sea levels and air…
The Challenge has begun with Carbon Credits
Carbon credits are a type of cap-and-trade system that allows carbon emitters to sell carbon permits in a marketplace, optimizing the efficiency of carbon emissions and mitigation. To stop the carbon emission, an agreement took place in Paris. The Paris Agreement is a formal international consensus on climate change. It was approved by 196 Parties…
2022 RED Project Update – weeks 15-16
Haven't you gotten used yet to the fact that the RED Platform is trying to keep up with the latest developments in technology and sustainability and at the same time satisfy the needs and desires of its users? Now, with the newest status report of our activity after almost 4 months of 2022, we accomplished…
Green-tech for a truly sustainable impact. Befriend your environment.
Ever since the Industrial Revolution, humans have released large amounts of carbon dioxide and other greenhouse gases into the atmosphere, affecting the earth's climate. Natural pursuits, like variations in the sun's Energy and volcanic eruptions, also impact the earth's temperature. Human actions, i.e greenhouse gas emissions, have significantly contributed to climate change. To resolve the…
Blockchain vs Climate Change
Climate change is a global problem that has been getting worse by the day. The Earth’s average surface temperature has increased by 1.50 degrees Fahrenheit since the late 1800s. The Intergovernmental Panel on Climate Change (IPCC) says that now is the time to act. Otherwise, temperatures will increase by up to 9 degrees Fahrenheit by…
From Trader to RED Country Franchise Owner
Let’s explore together one of RED’s most classic and revised functionality that has now taken a brand new and optimized form. The RED Country Franchise envelops the regulations of the old franchises, adds new benefits, and is now at every trader’s disposal for the price of 100,000 MWAT. If you are a trader and wish…