EDF, the second largest power company worldwide, plans to use Hedera’s blockchain network in an attempt to achieve carbon neutrality by 2050. Gilles Deleuze, principal researcher for systems risk assessment at the firm’s research and development department, said that the network will be used to develop greenhouse gas certificates and decentralized electricity systems
Interwork Alliance: tokenize carbon emissions
Rather than a blockchain-specific token, the industry group seeks to create standards for sustainability tokens that can work on any platform
The nonprofit blockchain industry group announced on July 29 that it has formed a working group to set standards for tokens that can be used in these carbon emissions trading programs.
Algorand, Blockstack building smart contract language for $100 million deals
The firms said the open-source Clarity project will help bring DeFi into the financial big time, replacing error-prone programming languages with one offering ‘mathematical certainty’ of how a smart contract will act
Blockchain developer Algorand has joined forces with decentralized software firm Blockstack to develop a new smart contract language that will deliver the safety, security, and predictability demanded by developers working on high-stakes DeFi transactions that run into nine figures.
Business, blockchain firms push token standards
The InterWork Alliance says uniformity is badly needed if asset tokenization is going to achieve its potential and disrupt the global economy
Big names including ING, Microsoft, and Nasdaq have joined forces with blockchain leaders like Hedera Hashgraph, Neo, and Hyperledger in a new alliance that aims to create global standards for tokenizing real-world assets.