salt lake city, December 28, 2022 /PRNewswire/ — Carbon Blockchain, Inc. (TCB), a carbon finance and technology services company that generates high-reliability carbon credits, has announced the following acquisitions: minerva green. minerva green A South African agricultural group that specializes in developing unique African indigenous hemp strains.Acquisition will help expand industrial hemp cultivation Africa Beyond Offering:
- Nature-based solutions for carbon sequestration and alternatives to conventional petroleum-based carbon inputs in plastics and rubbers
- Green coal and biochar production for soil remediation and water retention
- Blockchain technology to generate high-quality, immutable carbon credits
Mike Lowes,Founder minerva greenCommenting, “We are excited to accelerate industrial hemp production and processing. South Africa By combining advanced technology with regenerative agriculture. Our focus is on socio-economic improvement and incorporating local genetics and botanical expertise. ”
Additionally, TCB announced a joint venture with Serengeti Energy Holdings. new york cityThe joint venture will focus on opportunities throughout Africa large-scale biomass cultivation, Ghana.
Commenting on the joint venture, Hamilton Karanda Martin, CEO of Serengeti Energy Holdings, said: Energy processing and fiber facilities in cooperation with African countries that produce hemp. This has a natural impact on the environment, food and nutrition security, employment and wealth creation. Ghana the African continent while helping reduce environmental carbon and deforestation. ”
“These acquisitions and partnerships demonstrate TCB’s commitment to driving positive change and sustainability in the global economy through carbon finance and carbon projects. Africa Make TCB the category-defining leader in this important market.Extended footprint Africa will provide the foundation for TCB’s ‘Project Gigaton’, which will launch in Q1 2023. ” Daniel HigbyCEO of TCB.
About The Carbon Blockchain, Inc.
Carbon finance, carbon project development, and technology services companies are working together to generate high-fidelity carbon credits and leverage a variety of technologies, including smart agriculture and edge IoT technology to track decarbonization, and blockchain technology to support online payments and market access. We use technology. These technologies will improve access to agricultural and trade finance, allowing small businesses to compete with larger companies. TCB is currently completing its final seed round in preparation for its Series A funding round.
SOURCE Carbon Blockchain
