Ripple's Green Shift: RMI Partnership to Drive Carbon Market Evolution

Ripple’s Green Shift: RMI Partnership to Drive Carbon Market Evolution

Time Stamp: August 8, 2023 2:34 PM
Source Node: 2201422
August 8, 2023 at 10:34 PM GST 1 min read News
  • Ripple and RMI collaboratively launch Centigrade, a groundbreaking open data platform for carbon markets.
  • Centigrade aims for increased transparency, trust, fostering greater market participation and collaboration.
  • Chris Larsen emphasizes the need for a carbon market upgrade, celebrating Centigrade’s pivotal launch.

Ripple, in a significant stride toward a sustainable future, recently unveiled its landmark partnership with the Rocky Mountain Institute (RMI). The duo’s shared vision? To usher in a new era of carbon market transformation with the inception of Centigrade, an avant-garde open data platform. 

According to Ripple, Centigrade is the beacon the market needs, destined to infuse unparalleled transparency, trust, and integrity, nudging the world closer to a pristine, carbon-neutral tomorrow.

Centigrade, with unwavering support from its parent collaborators, Ripple and RMI, emphasized its launch’s transformative potential. The platform aspires to invigorate the voluntary carbon market, kindling heightened trust, stirring enhanced collaboration, and amplifying participation.

Chris Larsen, the visionary Co-founder and Executive Chairman of Ripple, chimed in on the launch. He accentuated the indispensable nature of the voluntary carbon market in the ongoing climate change combat. Yet, he astutely pointed out its inherent need for a revamp, heartily congratulating Centigrade on its inaugural moment.

In the ever-evolving crypto space, Ripple’s foray into environmental sustainability, particularly with XRP’s energy-efficient architecture, showcases its commitment beyond just financial landscapes. As Ripple, RMI, and Centigrade join forces, it’s evident that the fight against climate change is gaining a potent ally.

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