Portal

India Climate Startups Update

Startup Update

Hyderabad startup TRST01 is tackling climate action through blockchain technology

2022-07-19 | India

Blockchain startup TRST01 recently launched NFT tokens to digitise carbon and solar credits


  • NFT Tokens
  • Digitizing Carbon
  • Digitizing Solar Credits
  • Blockchain for Decarbonization

Source


Notes by Narsi

Use of NFTs for increasing transparency and authenticity of carbon markets is a hot topic now, with corporates worldwide keen on using carbon offsets to claim short term and decarbonization results. The number of startups worldwide in this field is on the increase too. With startups such as these, it appears that the trend has reached India too. And possibly not a moment too soon given the appetite Indian companies too are likely to have for carbon offsets.



Climate Innovation Database