Ripple bolsters Climate action via the Partnership with Thallo
Leaving aside tech innovation, crypto and blockchain-based companies have increasingly been becoming climate and environment conscious. One of the main reasons why Ethereum’s transition to PoS was lauded by the community was because of the proposed 99% energy usage reduction. JUST IN: Web3 climate startup Thallo partners with #Ripple to build its marketplace. — Watcher.Guru (@WatcherGuru) October 4, 2022 Ripple enters into a new Partnership Other companies have also been putting in efforts to play their part well. Blockchain payment company Ripple announced recently that it had partnered with Thallo—a Web3 carbon credit marketplace based on the XRP Ledger—to take climate action. Ken Weber—Senior Vice President, Social Impact and Sustainability at Ripple—said in a statement, “As the demand for carbon credit s intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent ch...