“Rooster crowed, who cares for the sunrise “

Anton Galenovich
1 min readMar 30, 2019

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In 2016 IBM announced the launch of blockchain-based carbon market platform in China.[1] To be more accurate it was Hyperledger-based, and it has not actually been launched by now, even in 2019.

In 2018 IBM launched yet another carbon trading mechanism with same effect.[2]

Truly: “IBM Blockchain brings trust, innovation and efficiency to carbon asset development…”.[3]

It’s probably not exactly a scam though definitely cock-a-doodle-doo not to salute the sunrise but to claim the territory.

Very popular in blockchain today. I’m sure you know many other examples.

[1] https://www.coindesk.com/ibm-china-blockchain-climate

[2] https://www.cnbc.com/2018/05/15/ibm-veridium-team-up-on-blockchain-enabled-carbon-credit-trading.html

[3] https://www.ibm.com/case-studies/energy-blockchain-labs-inc

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Anton Galenovich

Founder of DAO “Integral Platform for Climate Initiatives” (DAO IPCI). Exploring and experimenting with p2p economics of damages