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Mizuho Bank partners with Fujitsu to simplify carbon credit issuance using blockchain

Mizuho Bank, Fujitsu and heavy industry company IHI have partnered to use blockchain technology to streamline the process of issuing J-Credits in Japan. The issuance of carbon credits requires government certification of greenhouse gas emissions reductions, which is complex and time-consuming, and the issuer may face the risk of not finding a buyer. Mizuho Bank will acquire J-Credits as a "preferred buyer" and resell it to customers. The bank is also a market maker for J-Credits on the Tokyo Sto...

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2024-09-19 01:59:35