Back to blog

Q&A: The Merits of Blockchain in the Voluntary Carbon Market with Denis Creighton, IMPT

Cto Office May 29, 2023

The relationship between carbon credit offsetting and blockchain technology is transforming the carbon credit marketplace. IMPT, an ecosystem that connects global retail brands with socially responsible individuals and businesses, is using Web3 technologies, specifically the Ethereum blockchain, to promote transparency and verification in the industry. IMPT’s innovative platform will allow users to earn loyalty points, which they can then exchange for carbon credits, demonstrating their commitment to reducing their carbon footprint. This approach shifts away from the previous expectation of radical lifestyle changes and empowers consumers to make a tangible impact on climate change.

Read more here