Veridium Labs is a carbon credit and trading platform where corporations can buy, sell, and trade carbon credits worldwide. Because all of the tradings of their carbon credit takes place on their platform and all credits and user information is based on blockchain, Founders Todd Lemons and Miguel Kleinkopf hope that their use of a secure blockchain for a carbon trading scheme will inspire more companies to participate in carbon credit trading and become more environmentally responsible. Another benefit of depending on a blockchain is that it hypothetically makes carbon credits more “liquid” in that they are easier to buy, sell, and trade. Veridium Labs was founded in 2007 as an offshoot of the Envision Corporation, and their guiding principle is that given the right tools and incentives, corporations will be the driving force behind economic sustainability. A major critique of Veridium Lab’s blockchain is that like other carbon trading credits, it just displaces the harm to another location instead of minimizing harm everywhere, which should be the ultimate goal of sustainable economic development.
“About.” Veridium Labs. Accessed on July 23, 2020. https://www.veridium.io/about.html
Categories
Blockchain, Climate Change, Regulation
Air Pollution Robot
The dangers of air pollution to human health are well documented, though the traditional methodology of collecting and reporting on sample lags behind the need to keep abreast and regulate air pollution in a meaningful amount of time. The use of drones and robots have been identified by researchers as resources that can be tweaked […]
Artificial Life, Biodiversity, Climate Change, Ecological Monitoring, Industry/Natural Commodities, Lifestyle, Monitoring
Telematic Rivers
Erica Kermani’s artwork seeks to answer a central question: if rivers were seeing an equal, living entity, would humans take issues like climate change threatening them more seriously? In his year-long art exhibition in 2017, Kermani, in collaboration with Diana Salcedo & Jeana Chesnik, created a new forum of interaction between humans and rivers to […]
Climate Change, Ecological Monitoring, Lifestyle, Monitoring, Pollution, Visual Technologies
Co-occupied Boundaries
Art is easily found in nature but rarely is what considered art today inherently natural. The concept of co-occupied mediums that serve to be both functional for nature and aesthetically pleasing to people is being actively explored by Asya Ilgun and Phil Ayres, from the CITAstudio at The Royal Danish Academy of Fine Arts. In […]
Climate Change, Ecological Monitoring, Lifestyle, Monitoring, Pollution, Visual Technologies