[ANN] Veridium - Automating The World's Carbon Markets

[Upholder]

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[gold969]

The International Business Machines Corporation is issuing its first token using a public blockchain

Developed in partnership with carbon credits startup Veridium Labs Ltd., the "verde” tokens will be issued on the Stellar blockchain, and are designed to give enterprises that pollute the environment a way to offset that damage by supporting a patch of Indonesian rainforest.
https://www.forbes.com/sites/michaeldelcastillo/2018/05/15/ibm-to-use-stellar-for-its-first-crypto-token-on-a-public-blockchain/#4ca207812001


IBM announced the launch of the Food Trust blockchain network, designed to enhance product traceability in the supply chain:

“The network became available around the world after 18 months of testing, during which many suppliers and distributors tracked millions of food items.”
The Food Trust blockchain platform runs on the Hyperledger blockchain, and also allows you to use other innovative technologies like the Internet of Things (IoT). https://bitnovosti.com/2018/10/09/carrefour-vnedryaet-blokchejn-platformu-ibm-food-trust/


 Is this news about the same company (IBM) ? Running 2 projects in parallel? or am I confused ...

[jeffthebaker]

More and more projects seem to be turning to Stellar to build upon. I think it's a great move and I'm excited to see how Veridium + others grow and succeed

[iarsenaux15]

The International Business Machines Corporation is issuing its first token using a public blockchain

Developed in partnership with carbon credits startup Veridium Labs Ltd., the "verde” tokens will be issued on the Stellar blockchain, and are designed to give enterprises that pollute the environment a way to offset that damage by supporting a patch of Indonesian rainforest.
https://www.forbes.com/sites/michaeldelcastillo/2018/05/15/ibm-to-use-stellar-for-its-first-crypto-token-on-a-public-blockchain/#4ca207812001


IBM announced the launch of the Food Trust blockchain network, designed to enhance product traceability in the supply chain:

“The network became available around the world after 18 months of testing, during which many suppliers and distributors tracked millions of food items.”
The Food Trust blockchain platform runs on the Hyperledger blockchain, and also allows you to use other innovative technologies like the Internet of Things (IoT). https://bitnovosti.com/2018/10/09/carrefour-vnedryaet-blokchejn-platformu-ibm-food-trust/


 Is this news about the same company (IBM) ? Running 2 projects in parallel? or am I confused ...

These are 2 different projects. The first one is a carbon credit exchange running on blockchain while the second one is a food trust blockchain.

[iarsenaux15]

More and more projects seem to be turning to Stellar to build upon. I think it's a great move and I'm excited to see how Veridium + others grow and succeed

One of the reason why they choose Stellar over the other blockchains is that, Veridium is aiming for a carbon-neutral future and Stellar has the lowest carbon footprint compared to other blockchains.

[ChiNgadOr]

More and more projects seem to be turning to Stellar to build upon. I think it's a great move and I'm excited to see how Veridium + others grow and succeed

One of the reason why they choose Stellar over the other blockchains is that, Veridium is aiming for a carbon-neutral future and Stellar has the lowest carbon footprint compared to other blockchains.

The BTC block mining is simply insane and unsustainable... BTC was a pioneer, but now is doomed to be forgotten (same as happened to microsoft messenger, Myspace...) because it is too expensive and ecologically unaceptable the BTC mining, high fees, low speed of transaction/block verification..
Time for new and fresh projects to appear.. nice to see VEridium with a promising idea that will help the environment.

[kuru7]

Guys do you have plan to create discord server? Im willing to help

[Upholder]

Guys do you have plan to create discord server? Im willing to help

Hey Kuru7! Thanks for your support! Are you the same guy who sent us message about opening a discord server on our Telegram channel?

[iarsenaux15]

More and more projects seem to be turning to Stellar to build upon. I think it's a great move and I'm excited to see how Veridium + others grow and succeed

One of the reason why they choose Stellar over the other blockchains is that, Veridium is aiming for a carbon-neutral future and Stellar has the lowest carbon footprint compared to other blockchains.

The BTC block mining is simply insane and unsustainable... BTC was a pioneer, but now is doomed to be forgotten (same as happened to microsoft messenger, Myspace...) because it is too expensive and ecologically unaceptable the BTC mining, high fees, low speed of transaction/block verification..
Time for new and fresh projects to appear.. nice to see VEridium with a promising idea that will help the environment.

IMO, the heat produced by mining is contributing to global warming. I remember when I was still doing crypto mining using video cards way back in 2014, the temps of each video card is reaching 90 degress celcius! I am just one miner but imagine how much heat is produced from crypto mining globally.

[iarsenaux15]

Hey guys! For those who doesn't have any idea what a carbon credit is or how carbon market works, you can read this article on medium posted by the Veridium team. It's very informative and very easy to understand. https://medium.com/veridium-labs/carbon-credit-markets-101-bc986eedabfa

[Upholder]

What are carbon credits?

Carbon Credits

Carbon credits are produced by private sector initiatives that quantifiably reduce carbon emissions. The most compelling aspect of carbon credits is that they use “ex-post” accounting. In other words, they are performance based (in arrears). So, a carbon credit is not issued until after the carbon emissions reduction has been created and verified by internationally approved auditors under internationally approved standards.

Carbon Credits can be produced by a number of activities, such as:

Renewable Energy: Replaces fossil fuel powered energy generation.
Improved Land-Use Management: A farmer may switch from nitrogen-based fertilizers (nitrogen is a powerful greenhouse gas) to an organic fertilizer or may rotate crops less frequently.
Reforestation: Companies may plant trees, or even certain species of fast-growing tall grasses, in previously degraded areas. Trees and grasses absorb carbon dioxide.
Avoided Deforestation: Agricultural conversion of forests (deforestation) creates emissions in four ways. First, it reduces the carbon absorption mechanism that trees provide. Second, it usually involves “slash and burn” techniques, which of course cause emissions. Third, it involves “tuning the soil”, which exposes the portion of organic (carbon-based) matter in mineral to oxygen, which then creates CO2 and methane. This can be a particularly large source of emissions in pure organic soils like “peat” soils. Lastly, the industrial agricultural plantation that replaces the forest uses nitrogen-based fertilizers, creating even more greenhouse gasses. Hence, projects that avoid deforestation and conversion of forests to agriculture (known as REDD+ projects) are a powerful tool in combatting climate change. These avoided deforestation projects, which most often involve tropical forests, have a massive collateral benefit of biodiversity conservation as well. And, in many cases, there is a strong social component to these projects since they support forest-dependent indigenous peoples.

[iarsenaux15]

Veridium Team Highlights!

Todd Lemons
Chairman, Veridium Foundation

https://linkedin.com/in/todd-lemons

For the last 28 years, Todd has been a recognized specialist in the market development of natural resources in emerging markets, with a particular focus on environmentally low impact projects. Todd has a demonstrated track record of identifying undervalued and underperforming assets in natural resource environments, particularly those in developing countries, and has led multiple ventures that materialize their untapped value.

As Chairman of EnVision Corp, an incubator for sustainability technologies, he has led the creation of several startups that are on the leading edge of innovation in the space. With early funding from EnVision and under Todd’s leadership, Composite Technologies Intl. — a manufacturer of sustainable building products to Home Depot and Lowes — grew from a startup to over $40M USD in annual revenues in just six years. Todd also led the creation of InfiniteEARTH, a Conservation Landbank company that authored a “forest carbon accounting methodology”, known as REDD+, which is now recognized by the United Nations and embodied in the Paris Agreement.

For more details about the team : https://medium.com/veridium-labs/meet-the-veridium-team-5821c451053b

[tdeannova]

has pre sale ended? now it's the end of 2018, has ecosmart beta portal been launched?

[iarsenaux15]

has pre sale ended? now it's the end of 2018, has ecosmart beta portal been launched?

No, not yet. In fact, the pre sale haven't started yet. The team is working now with the appropriate regulatory boards to achieve compliance so that U.S citizens will also be eligible to participate.

The EcoSmart beta portal isn't available yet. As per roadmap, EcoSmart beta should launch sometime in December 2018.

[iarsenaux15]

Great project! I really like.
But why just sit and wait for the development of this project, when you can wait and participate at this time in the bounty program of an excellent project? https://t.me/InnovaMinex

Please do not advertise here since this thread is for Veridium related discussions only.

[iarsenaux15]

Veridium Team Highlights!

Jim Procanik
Executive Director, Veridium Foundation

https://linkedin.com/in/jim-procanik

Jim is the co-founder of InfiniteEARTH, a company dedicated to developing and managing tropical conservation land banks and provides environmental offsets and private label CSR solutions to companies across the globe. Along with Todd Lemons, Jim helped develop the first validated REDD+ project ever under the VCS and helped define the criteria by which all projects are measured. After spending five years as InfiniteEARTH’s Managing Director, Jim founded Green Projects, Inc., a company developing new consumer behavior models through disruptive sustainable retail concepts.

Jim has also spent more than two decades growing startup businesses in the Entertainment & Fashion industries in Los Angeles, New York and Shanghai. Jim’s businesses have boasted a prestigious list of clients including Nickelodeon, Universal Studios, and NBC, as well as Macy’s, Bloomingdale’s, Saks Fifth Avenue, and Neiman Marcus. He is now the Executive Director of the Veridium Foundation.

For more details about the team : https://medium.com/veridium-labs/meet-the-veridium-team-5821c451053b

[Foundico_manager]

Is your team ready pass KYC?

[iarsenaux15]

Is your team ready pass KYC?

The team is already working on the KYC but there are too many websites that got us listed so it might take a while before we got them all covered. At the moment, our main priority right now is getting U.S compliance so we can open our token sale to the global market including the U.S.

[iarsenaux15]

Veridium Team Highlights!

William Wei
Chief Executive Officer

https://linkedin.com/in/williamwei/

William is an engineer-entrepreneur turned investor who boasts a strong track record of building successful businesses in both the US and China. As the former GM of Binance Taiwan, William facilitated relationships between Binance, the Taiwanese government and local banking officials to progress the exchange’s presence in the region. William also advised Taiwanese legislators to pass a FinTech regulatory sandbox law.

Prior to his role at Binance, William worked at Apple for over 12 years as a senior software architect and enterprise consultant. William was also the founder and CEO of two mobile companies: Mobile Apps Express, which developed cloud-based cross-platform iOS and Android applications, and Drupe Mobile, which built an enterprise mobility stack that was adopted by some of China’s top financial and insurance companies and the Chinese police. He will lead the development, launch, and growth of the Veridium platform and Natural Capital Exchange.

For more details about the team : https://medium.com/veridium-labs/meet-the-veridium-team-5821c451053b

[Upholder]

Hey everyone! Check out this medium post from Veridium team!

How to Save the Planet: Pragmatism vs. Idealism

https://medium.com/veridium-labs/how-to-save-the-planet-pragmatism-vs-idealism-497847201e73