Express

IBM Has Partnered With Mitsubishi to Track Capture, Re-use of CO2 Using Blockchain

Amy Liu

Summary: IBM Japan has partnered with Mitsubishi Heavy Industries (MHI) to develop a solution, CO2NNEX, that uses blockchain technology to track the capture and re-usage of CO2. Mitsubishi will be responsible for the physical infrastructure that captures the CO2 and IBM will be in charge of the digital platform to trace it. MHI plans to create ...

IBM Japan has partnered with Mitsubishi Heavy Industries (MHI) to develop a solution, CO2NNEX, that uses blockchain technology to track the capture and re-usage of CO2. Mitsubishi will be responsible for the physical infrastructure that captures the CO2 and IBM will be in charge of the digital platform to trace it. MHI plans to create a marketplace of buyers and sellers to be piloted in 2022.

By Amy Liu

Last Update:

Tags: ,,
Link: IBM Has Partnered With Mitsubishi to Track Capture, Re-use of CO2 Using Blockchain   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 23 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.