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Flow Carbon - What Is It Doing?
flow carbon is advocating that these carbon credits reside with project developers in their registry accounts, but have to get sold to corporate buyers. The company says a token functions as let's call it a warehouse receipt or a depository receipt of these carbon credits which are very hard to move around and have no transparent or liquid trading environment right now. A token plugs immediately into blockchain infrastructure that hundreds of millions of people already access. So if you can go and buy one carbon credit on Coinbase, a tokenized version of a carbon credit onCoin or on an exchange, at the same price as everybody else, all of a sudden you start to have real price transparency,.