VeChain reduces carbon emission by 95% – Will it drive VET to $1?
In a bid to bridge the gap between blockchain technology and the real world, the VeChain Foundation recently launched the VeCarbon platform. VeCarbon is a blockchain-powered accounting software-as-a-service (SaaS) that assists governments to achieve “carbon neutrality, emissions targets and reach their sustainability goals.”
VeCarbon makes use of professional carbon consulting and carbon reduction methodology services and ensures that enterprises can work on carbon reduction strategies. According to the VeChain Foundation, the project seeks to build a blockchain-enabled digital innovation platform to rapidly scale the platform to meet up with the demand for digital carbon management services.
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