The venture, set to be formally launched by non-profit Poseidon in January 2018, will create a carbon value for everyday products, bringing carbon pricing into the mainstream by allowing customers to participate through every-day micro-transactions. Non - profit organisation Poseidon has unveiled a project aimed at creating a " carbon currency " using digital technology . The digital currency will enable businesses to measure the carbon footprint of every transaction by establishing a universal carbon value for everyday goods across all industries and jurisdictions . The currency gives consumers , investors and employees the opportunity to demonstrate sustainable practices across supply chains . The project will be hosted on the Stella blockchain , with a fundraising round planned for early 2018 .
Non - profit organisation Poseidon has unveiled a project aimed at creating a " carbon currency " using digital technology . The digital currency will enable businesses to measure the carbon footprint of every transaction by establishing a universal carbon value for everyday goods across all industries and jurisdictions . The currency gives consumers , investors and employees the opportunity to demonstrate sustainable practices across supply chains . The project will be hosted on the Stella blockchain , with a fundraising round planned for early 2018 .