Jasmy: Launch of 'J-Blue Credit' Trading on the NCCX Platform
The following is excerpted from the Daily Industrial News
"Jasmy will begin processing 'Blue Carbon' on its operated carbon credit exchange in early 2025.
JASMEE will use blockchain technology to ensure the reliability and transparency of blue carbon transactions certified and issued by the Japan Blue Economy Technology Research Association. In Japan, the government-managed 'J-Credit' is mainstream, but Jasmy will help expand the market for voluntary credits in the private sector.
Jasmy has established NCCX, an exchange primarily handling carbon credits created by NCCC, with SoftBank and other companies also participating. JBE will generate 'JBlue Credits' through blue carbon certification resulting from activities such as seaweed bed restoration. Jasmy can also increase its trading volume by processing JBlue Credits on NCCX, while your response can be published, and JBE can manage the issuance, sale, and usage history in a tamper-proof manner through blockchain.
NCCC member aiESG will also provide a service to assess the environmental and social impacts of blue carbon creation based on objective data. Those wishing to do so can trade in a manner that proves these credits are created in a way that protects communities and workers, as well as the results of carbon sequestration."
