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Saturday, December 05, 2020 9:03:07 AM
Million-dollar startup calls on Algorand to fight climate change
The blockchain marketplace, Climatetrade, will build its new CO2 offset platform on Algorand, a Top 50 cryptocurrency project that aims for scalability and transactional performance.
Climatetrade announced on Wednesday that it had selected the Algorand blockchain to power its carbon offset market, which is designed to help organizations achieve CO2 neutrality – a key pillar in the fight against climate change.
Climatetrade relies on Algorand for its “flexible architecture, low transaction costs and scalable transaction performance,” according to CEO Francisco Benedito.
Algorand is the 49th largest cryptocurrency project with a total market of around $ 393 million. Its ALGO token is currently trading at around $ 0.34.
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
Recent ALGOUSD News
- Cardano’s IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance • Crypto Briefing • 09/05/2024 02:24:48 PM
- Hedera, IOHK join DeRec Alliance as final founding members • Cointelegraph • 09/05/2024 01:00:55 PM
- Kraken Says Exchange Will Win Against SEC, Urges Congress To Pass Comprehensive Regulatory Framework for Crypto • The Daily Hodl • 08/26/2024 04:55:32 PM
- Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024 • NEWSBTC • 08/23/2024 07:30:12 PM
- Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech • NEWSBTC • 08/23/2024 04:33:10 PM
- Algorand Achieves New Record With 2 Billion Transactions, ALGO Price Jumps 14% • NEWSBTC • 08/23/2024 09:00:42 AM
- Bitcoin Surpasses $63K, Miners Accumulate, Exchanges Limit Brokerage Fee Discounts • IH Market News • 07/15/2024 07:32:17 PM
- Here’s Why Tether Has Ceased Minting USDT On EOS And Algorand • ZyCrypto • 06/26/2024 04:47:04 PM
- Stablecoin Issuer Tether Discontinues Support for Algorand (ALGO) and EOS Implementations • The Daily Hodl • 06/24/2024 10:01:08 PM
- Bitcoin Drops to $60,000, Mt. Gox to Reimburse Creditors in July, Riot Platforms Board Restructures • IH Market News • 06/24/2024 07:09:18 PM
- Tether halts USDT minting on EOS and Algorand • Cointelegraph • 06/24/2024 12:55:20 PM
- Floki Floats 22% On Marketing Blitz, Aims For ‘World’s Most Used Crypto’ Title • NEWSBTC • 05/28/2024 08:30:21 AM
- ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900? • NEWSBTC • 05/27/2024 07:30:14 PM
- Chart Whisperer Spots Algorand Breakout: Get Ready For A 50% Rally • NEWSBTC • 05/27/2024 09:30:07 AM
- Battle Of Networks? Algorand Pokes Fun At Bitcoin, Ethereum, And Solana In New Ad • NEWSBTC • 05/24/2024 08:00:54 PM
- Trading of Ether ETFs Delayed, LINK Performs Well, and More Crypto News • IH Market News • 05/24/2024 03:54:39 PM
- Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana • Cointelegraph • 05/24/2024 06:17:08 AM
- Bitcoin Stabilizes at $62,000, SEC Delays Exodus NYSE Listing, and More Crypto News • IH Market News • 05/09/2024 07:28:40 PM
- Ripple, XRPL Labs join Algorand Foundation as founding members of Decentralized Recovery Alliance • Crypto Briefing • 05/09/2024 07:10:05 PM
- Ripple joins multi-chain DeRec Alliance for secrets management • Cointelegraph • 05/09/2024 07:00:00 PM
- Algorand Market Cap And TVL Skyrocket As ALGO Faces Critical Support Test • NEWSBTC • 05/09/2024 12:00:32 AM
- Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue • The Daily Hodl • 01/27/2024 09:00:09 PM
- Hedera (HBAR) Shines: Record-Breaking 164 Million Daily Transactions, Market Cap Reaches $2.9 Billion • NEWSBTC • 01/27/2024 01:00:15 AM
- Bitcoin Crash Ahead: Expert Predicts Testing $20K Before Rebound • NEWSBTC • 01/26/2024 11:00:46 PM
- Hacker mocks Algorand after maintaining control of CEO’s X account for 15 hours • Cointelegraph • 01/26/2024 07:40:00 PM
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