The Russian Carbon Fund and Aera Group pioneer the first worldwide carbon credit transaction using blockchain-platform DAO IPCI

The Russian Carbon Fund, Aera Group pioneer the first worldwide carbon credit transaction using blockchain technology in DAO IPCI.

  • Pilot transaction was executed on Tuesday, March 14, 2017 at 8:00 am (UTC+1:00) between the Russian Carbon Fund on the buying side and Aera Group, the largest supplier of African carbon credits, on the selling side in the DAO IPCI blockchain ecosystem with IT support of Airalab.
  • The Verified Carbon Units acquired by Russian Carbon Fund are intended to offset carbon footprint in Russia and internationally, by airline passengers, in particular.

More details on climaterussia.org.