AirCarbon launches first blockchain-based carbon exchange

It will be fully operational in 2020.

AirCarbon launched the world’s first blockchain-based digital aviation carbon trading exchange. This will allow airlines and other corporate buyers to buy and sell tokens backed by carbon offset credits approved by the International Civil Aviation Organization.

The company said in a statement that it is applying for a recognized market operator licence to the Monetary Authority of Singapore for a recognised market operator licence. AirCarbonIt is aiming for the exchange to be fully operational in 2020.

The exchange will finance the registration costs of some carbon-mitigation projects at no charge to developers.

Here’s more from Bloomberg.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia