We have created the World’s First Net-Positive Environmental & Social Impact Currency.
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Built on the Stellar blockchain, VERDE uses proprietary protocols that automatically mitigate the environmental impacts of the goods and services being transacted in VERDE.
The world needs viable, market-ready solutions to meet the challenges of climate change and other social & environmental issues such as deforestation, biodiversity loss, and to achieve the UN Sustainable Development Goals. Simultaneously, the world’s largest corporations face enormous environmental liabilities that could lead to billions of dollars in write-downs of stranded-assets, resulting in significant losses to shareholder value. There are currently few, if any, viable hedges to hedge these risks.
While, the primary academic and political focus has been to address these issues at their “point of production”, Veridium is offering a disruptive market-based solution engineered around the “point of consumption”.
Through a set of EcoSmart-Protocols™, Veridium’s founding members have engineered environmental impact mitigation directly into the currency itself. Simply by transacting in VERDE, the underlying environmental impacts, such as the carbon footprint of the products being transacted in VERDE, are automatically mitigated.
WHAT PROBLEM DOES VERDE SOLVE?
Under the EcoSmart-Protocols™, each VERDE is embedded with a “carbon charge”, giving it an “Emissions Offset Capacity (EOC).
Each VERDE token can be thought of as a battery, with all aggregated tokens functioning as a bank of batteries. The bank discharges a portion of its carbon capacity (EOC) as each VERDE is transacted in an EcoSmart-Trade™.
Veridium is working with a Fortune 500 Technology leader and Stellar to integrate VERDE into an Oil & Gas Trading Platform, built on Hyper-Ledger Fabric, as a settlement currency for oil & gas transactions.
Using the EcoSmart-Protocols, Veridium intends to introduce a unique rewards debit/credit card that allows users to use their VERDE virtually anywhere to make EcoSmart-Purchases™. The Veridium debit/credit Rewards card uses the EcoSmart-Protocols to automatically offset the environmental footprint of everything purchased on the card.
Dr Scott Massy
A WORLD-CLASS TEAM
Director of Strategic Partnerships
Director of Risk Analytics
Tech Security Advisor
Yo Sub Kwon
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