RED Platform blog
RePowerEU and the benefits for RED Platform users
Following the latest events and the escalating conflict between Ukraine and Russia, the European Council has concluded on the necessity to phase out Europe’s dependency on Russian energy imports. Consequently, on the 18th of May, the European Commission followed up on the matter and emitted the RePowerEU plan. In this article, you will find a…
2022 RED Project Update – weeks 17-20
Nice to connect with you again in this new format of reporting. As we have already stated, more activity has taken place in the digital development area of the project, as you may have already noticed in our articles. The first video Tutorial for Claiming GTK was posted as the first collaboration with a member…
Are Environment-Friendly Cryptocurrencies a Dream?
“The blockchain industry has been booming.” We're sure you have heard this phrase umpteen times in the last few years and it remains to be true. Cryptocurrencies, NFTs, Defi, and numerous other niches within the industry are gaining prominence. While the upsides are the many, one of the most significant downsides is the impact on…
Changing the Value of the GTK Token for the Better
This week we are bringing amazing changes to our unique GTK token. From now on, 1 GTK is the equivalent of one ton of CO2, instead of 1 Kg, as it was until now. You don’t know what it means? Well, this article is meant to help you, all you have to do is go through…
New Franchises Joining RED Platform
Meet the RED Franchises This week a new franchisee joined our RED Franchises Group, Co2Frei from Germany. We welcome it into the RED family and we applaud all the present franchisees for their initiative and also encourage others to take the step and reach the top with RED! We enjoy seeing that the RED Franchise…
How to Calculate Your Carbon Footprint as a Small Business
Before we begin, let us share a few statistics around carbon footprint and small businesses, from recent UN-backed research: SMEs (Small to Medium-Sized Businesses) make up 90% of the business worldwide and are responsible for the livelihood of 2 billion people. But only about 50% of the SMEs calculate their carbon emissions. Of these, about…
Can Blockchain Networks Fix Carbon Offsets?
Blockchain technology and cryptocurrency have realized a meteoritic rise over the past decade. As the underlying technology behind cryptocurrency, blockchain is seen to provide numerous solutions to the current world’s problems, including fixing the ever-increasing carbon offsets from cryptocurrency mining. One popular way companies use to achieve their emission goals is through the purchase of…
Best Carbon Offsets Program for 2022
To survive in the modern world, we each have a carbon footprint. We produce emissions when we eat, shop, and travel. Alternatively, if we are a business, activities like commuting, electricity generation, industrial processes, shipping, and agriculture contribute to our carbon footprint. We must significantly reduce our carbon emissions to prevent climate disasters and meet…
Applications of Blockchain in Carbon Trading
Information is the lifeblood of business. The quicker and more effective it is received, the better. Blockchain is excellent for providing information because it delivers immediate, shareable, and entirely transparent information kept on an immutable ledger that permissioned network users can only view. Orders, accounts, payments, production, and much more may get tracked using a…
The Future of the Blockchain: Tracking Carbon Offsets
Blockchain technology isn't simply for those looking to make a quick buck by investing in cryptocurrency. Indeed, cryptocurrencies such as Ether are intended to fuel blockchains. While blockchains are frequently employed in developing games and other apps, the crypto world is also altering the carbon credit market.
Green Practices that Reduce your Carbon Footprint
Save Mother Earth! You must have heard this phrase several times by now with environmentalists and activists trying to raise awareness on the issue of climate change. This has become a serious issue today as several summits are being held to curb global warming and reduce the carbon footprint of every nation. However, you need…
How to Fight Global Warming in 5 Steps
We must take action now to stop or try to limit global warming. According to the United Nations, the world is already on a path to global warming of more than double the 1.5 degrees Celsius limit agreed upon in the 2015 Paris Climate Agreement. Unfortunately, climate change doesn’t just affect sea levels and air…