IBM’s created ripples in the crypto-sphere in October 2017 after famously using the the digital remittance startup Stellar’s native token, lumens (XLM), to settle a cross-border payment with zero fees instantaneously. The transaction may have impressed IBM executives on a deeper level, with the “big blue” announcing an arguably massive development for cryptocurrencies in general, and Stellar in particular.
According to a report on May 15, 2018, Veridium Labs, a carbon credit company, and IBM have entered a partnership that will see a unique “carbon credits” token developed on the Stellar blockchain.
The so-called ‘verde’ token is designed to support the growth of Indonesian rainforests to counteract the carbon-damage done by environmentally-damaging industries. The token serves a niche purpose and provides enterprises with a digital tool for ensuring carbon offsets.
Developed in partnership with carbon credits startup Veridium Labs Ltd., the “verde” token will be issued on the Stellar ...
IBM to Launch World’s First Corporate-issued Token; Chooses Stellar’s Blockchain Platform