Description
Nori is a blockchain-driven platform designed to combat climate change by facilitating the direct and verifiable removal of CO2 from the atmosphere. By creating a marketplace that pairs businesses and individuals wishing to offset their carbon footprint with providers of carbon removal services, Nori leverages blockchain technology to ensure transparency and prevent fraud in carbon credit transactions. The cornerstone of Nori's system is its digital token, where each NORI token represents one tonne of CO2 securely removed and stored, allowing for the direct purchase and sale of carbon removal credits. This not only simplifies the carbon offsetting process but also supports a market-driven approach to pricing carbon removal, aiming for a net reduction in atmospheric CO2. Highlighting its commitment to real climate change solutions, Nori focuses on carbon removal rather than mere offsetting, using blockchain to enhance the integrity and efficiency of this process and addressing issues like fraud and double-counting in the carbon market.
Nori is a blockchain-driven platform designed to combat climate change by facilitating the direct and verifiable removal of CO2 from the atmosphere. By creating a marketplace that pairs businesses and individuals wishing to offset their carbon footprint with providers of carbon removal services, Nori leverages blockchain technology to ensure transparency and prevent fraud in carbon credit transactions. The cornerstone of Nori's system is its digital token, where each NORI token represents one tonne of CO2 securely removed and stored, allowing for the direct purchase and sale of carbon removal credits. This not only simplifies the carbon offsetting process but also supports a market-driven approach to pricing carbon removal, aiming for a net reduction in atmospheric CO2. Highlighting its commitment to real climate change solutions, Nori focuses on carbon removal rather than mere offsetting, using blockchain to enhance the integrity and efficiency of this process and addressing issues like fraud and double-counting in the carbon market.