Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP – Price is struggling to keep the ground – breakdown or breathing break?

2025-05-19

Ethereum revise the market signs of December 2024 – This is what it means for you

2025-05-19

Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-18

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate Web3 AI-Game Development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Japanese transportation company MOL is testing blockchain for carbon deployment
Blockchain

Japanese transportation company MOL is testing blockchain for carbon deployment

2024-02-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Japanese shipping giant Mitsui OSK Lines (MOL) has unveiled a new carbon deployment plan using blockchain technology across its value chain.

The plan includes symbolizing the CO2 reduction resulting from the use of biofuels in its activities. Typically, shipping companies looking to reduce their carbon footprint turn to carbon credits, outsourcing environmental sustainability efforts to another entity.

Instead of relying on outsourcing, MOL says it will focus on financing climate protection projects by keeping CO2 emissions to the bare minimum. The company says it will increase its efforts with other carbon reduction methods, including the use of carbon credits and good value chain management.

A key aspect of MOL’s plan is its reliance on blockchain for its plans. In addition to tokenization use cases, the shipping company will leverage the immutability and transparency of blockchain to increase trust in its systems.

MOL relies on 123Carbon to design the blockchain system for deployment, with Verifavia and AllChiefs serving as third-party assurance and implementation partners, respectively. The shipping company turned to Canada-based Methanex for biofuel, with experts hailing the industry’s pioneering move.

“To achieve our global climate goals we need more low-carbon fuels and bio-methanol is one of the promising solutions for the shipping sector,” said Jeroen van Heiningen, Managing Director of 123Carbon.

MOL’s use is based on a book and claims model in which a company is separated from the physical flow of its goods when making sustainability claims. In MOL’s case, its products can be shipped on ships that do not use biofuels, but the company can purchase inserts similar to Sustainable Aviation Fuel (SAF) cases.

See also  China, Japan and South Korea are exploring cooperation in big data, blockchain and AI

A combination of blockchain and the ‘book and claim’ model is expected to have several benefits, including achieving improved sustainable supply chains, reducing costs and enabling companies to achieve desired carbon reduction rates.

Tokenized green bonds are gaining momentum

The concept of tokenized green bonds has gained significant momentum in recent months, with several jurisdictions turning to the offering to achieve a range of benefits.

Still enjoying the profits from the 2023 offering, Hong Kong launched a second tokenized bond, with revenues exceeding $750 million.

“It also demonstrated DLT’s potential to improve efficiency, liquidity and transparency in bond markets,” the HKMA said in an earlier report.

Hitachi (NASDAQ: HTHIY), GF Securities and the Philippine Treasury Bureau have indicated plans to launch their versions of tokenized bonds designed to be energy efficient while lowering barriers to participation.

Watch: CoinGeek TV with Tokenovate’s Richard Baker & John Anderson

New to blockchain? Check out CoinGeek’s Blockchain for Beginners section, the ultimate resource guide to learn more about blockchain technology.

Source link

Blockchain carbon Company deployment Japanese MOL Testing transportation
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

2025-05-19

Jesse Pollak explains how Pectra Upgrade will overload the basic network

2025-05-18

Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate Web3 AI-Game Development

2025-05-18

Chainware and Karatdao work together to redefine security and identity in chains

2025-05-18
Add A Comment

Comments are closed.

Top Posts

Ethereum Price Losses Stable: Is There a Rebound?

2025-01-13

Somnia works together with Dune to redefine blockchain analytics

2025-03-09

Sandwich attacks manipulated 35.5% of BNB Smart Chain blocks in November

2024-12-03
Editors Picks

Ethereum, Solana and Cardano Trend after Crypto -Crash

2025-04-05

Bitget strengthens the community with an upgraded brokerage program

2023-06-08

AI Coin Trader Makes $17,640,000 in Profits with FARTCOIN, GOAT and Two Additional Altcoins: Lookonchain

2025-01-09

We just got into a fight. With ourselves. About an NFT project.

2023-05-01
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP – Price is struggling to keep the ground – breakdown or breathing break?

Ethereum revise the market signs of December 2024 – This is what it means for you

Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,791.56-0.65%
  • ethereumEthereum(ETH)$2,377.59-5.09%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.33-1.88%
  • binancecoinBNB(BNB)$636.91-1.28%
  • solanaSolana(SOL)$163.29-3.55%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.217743-0.77%
  • cardanoCardano(ADA)$0.72-3.99%
  • tronTRON(TRX)$0.261317-3.82%
  • suiSui(SUI)$3.74-1.76%
  • chainlinkChainlink(LINK)$15.07-3.30%
  • avalanche-2Avalanche(AVAX)$21.68-4.69%
  • stellarStellar(XLM)$0.278532-3.88%
  • hyperliquidHyperliquid(HYPE)$25.35-5.22%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.92%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.61%
  • hedera-hashgraphHedera(HBAR)$0.187435-3.04%
  • bitcoin-cashBitcoin Cash(BCH)$384.02-3.82%
  • the-open-networkToncoin(TON)$3.02-2.71%
  • litecoinLitecoin(LTC)$95.20-2.72%
  • polkadotPolkadot(DOT)$4.49-4.53%
  • moneroMonero(XMR)$343.691.09%
  • bitget-tokenBitget Token(BGB)$5.08-0.26%
  • pepePepe(PEPE)$0.0000131.72%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.73-0.10%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.73-2.31%
  • bittensorBittensor(TAO)$399.92-7.04%
  • nearNEAR Protocol(NEAR)$2.69-2.04%
  • aaveAave(AAVE)$214.51-4.86%
  • okbOKB(OKB)$52.10-2.12%
  • aptosAptos(APT)$4.89-5.22%
  • ondo-financeOndo(ONDO)$0.90-3.22%
  • kaspaKaspa(KAS)$0.106847-3.66%
  • internet-computerInternet Computer(ICP)$5.05-3.40%
  • ethereum-classicEthereum Classic(ETC)$17.64-3.79%
  • gatechain-tokenGateToken(GT)$21.38-0.96%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.73-2.32%
  • crypto-com-chainCronos(CRO)$0.095100-3.34%
  • mantleMantle(MNT)$0.73-0.23%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230044-2.29%
  • vechainVeChain(VET)$0.027253-3.46%
  • render-tokenRender(RENDER)$4.38-4.92%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • ethenaEthena(ENA)$0.352425-5.72%
  • algorandAlgorand(ALGO)$0.213699-2.69%
  • filecoinFilecoin(FIL)$2.75-3.07%
  • cosmosCosmos(ATOM)$4.69-1.36%
  • bitcoinBitcoin(BTC)$102,791.56-0.65%
  • ethereumEthereum(ETH)$2,377.59-5.09%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.33-1.88%
  • binancecoinBNB(BNB)$636.91-1.28%
  • solanaSolana(SOL)$163.29-3.55%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.217743-0.77%
  • cardanoCardano(ADA)$0.72-3.99%
  • tronTRON(TRX)$0.261317-3.82%
  • suiSui(SUI)$3.74-1.76%
  • chainlinkChainlink(LINK)$15.07-3.30%
  • avalanche-2Avalanche(AVAX)$21.68-4.69%
  • stellarStellar(XLM)$0.278532-3.88%
  • hyperliquidHyperliquid(HYPE)$25.35-5.22%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.92%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.61%
  • hedera-hashgraphHedera(HBAR)$0.187435-3.04%
  • bitcoin-cashBitcoin Cash(BCH)$384.02-3.82%
  • the-open-networkToncoin(TON)$3.02-2.71%
  • litecoinLitecoin(LTC)$95.20-2.72%
  • polkadotPolkadot(DOT)$4.49-4.53%
  • moneroMonero(XMR)$343.691.09%
  • bitget-tokenBitget Token(BGB)$5.08-0.26%
  • pepePepe(PEPE)$0.0000131.72%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.73-0.10%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.73-2.31%
  • bittensorBittensor(TAO)$399.92-7.04%
  • nearNEAR Protocol(NEAR)$2.69-2.04%
  • aaveAave(AAVE)$214.51-4.86%
  • okbOKB(OKB)$52.10-2.12%
  • aptosAptos(APT)$4.89-5.22%
  • ondo-financeOndo(ONDO)$0.90-3.22%
  • kaspaKaspa(KAS)$0.106847-3.66%
  • internet-computerInternet Computer(ICP)$5.05-3.40%
  • ethereum-classicEthereum Classic(ETC)$17.64-3.79%
  • gatechain-tokenGateToken(GT)$21.38-0.96%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.73-2.32%
  • crypto-com-chainCronos(CRO)$0.095100-3.34%
  • mantleMantle(MNT)$0.73-0.23%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230044-2.29%
  • vechainVeChain(VET)$0.027253-3.46%
  • render-tokenRender(RENDER)$4.38-4.92%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • ethenaEthena(ENA)$0.352425-5.72%
  • algorandAlgorand(ALGO)$0.213699-2.69%
  • filecoinFilecoin(FIL)$2.75-3.07%
  • cosmosCosmos(ATOM)$4.69-1.36%