Carbon credits and the reshaping power of blockchain

Also known as carbon offsets, carbon credits permit the owner to emit an equivalent amount of tons of carbon dioxide or other greenhouse gases. According to Coherent Market Insights, the global carbon credit market is expected to reach US$ 2,407.8 billion by 2027, a CAGR of 30.7% from between 2020 and 2027. The last time the world witnessed a significan…