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Showing posts from September, 2023

Revolutionizing Carbon Credit Transactions: How Venom Foundation is Eliminating Gas Fees

  In the fast-evolving world of blockchain technology, Venom Foundation is making significant strides towards a more sustainable future. Recently, the CEO of Venom Foundation shared exciting news about their discussions with a major global financial institution regarding their Carbon Credit platform. This groundbreaking development not only highlights their commitment to sustainability but also their innovative approach to blockchain transactions. A Glimpse into the Future In a recent Q&A session, the CEO provided insights into how Venom Foundation is revolutionizing the way carbon credits are traded and managed. Q: "What are the gas fees to send a carbon credit?" A: "No gas fees." This response immediately piques interest. One of the significant drawbacks of many blockchain transactions is the gas fees associated with them. However, Venom Foundation is changing the game by eliminating these fees, making carbon credit transactions more accessible and cost-effect...

Revolutionizing Climate Action: UAE's Carbon Credit System on Venom Blockchain

  In the face of mounting global concerns surrounding climate change, the United Arab Emirates (UAE) is taking a significant step towards bolstering its efforts to combat greenhouse gas emissions. The UAE has forged a groundbreaking partnership with the Venom Foundation, an entity dedicated to sustainable growth through zero-emission policies and blockchain technology. This collaboration, aimed at developing a national carbon credit system built on the innovative Venom blockchain, marks a pivotal moment in the fight against climate change. In this report, we delve into the implications of this partnership and how it could reshape the landscape of sustainability efforts. The Urgency of Climate Action The urgency of addressing climate change cannot be overstated. Rising global temperatures, extreme weather events, and the impending threat of rising sea levels are putting immense pressure on the planet's biodiversity and human livelihoods. At the core of this environmental crisis are ...