GreenBond Meter and Sumsub Partner to Save Native Forests by Securing Cryptocurrency Purchases
GreenBond Meter aims to protect our biosphere through purchases of cryptocurrency. By purchasing GreenBond Meter Coin (GBM Coin), investors will be protecting 1m² of jungle and native forests. This project pursues to reach the sum of 100.000 hectares of protected land in ten countries in the five continents. GBM coin is based on real financial support, backed up by the natural capital of the preserved land. Possessing this cryptocurrency allows investors to oversee the preserved land and prevent its exploitation. Additionally, GBM investors will be granted access to a carbon credit (GBM Bond) which further showcases the coin-holder’s carbon footprint reduction.
GreenBond Meter has partnered with Sumsub to make sure that criminals don’t take advantage of their environmental efforts. Sumsub’s solution provides easy, accurate, and secure verification of individuals and businesses, ensuring quick onboarding while providing sophisticated fraud defenses. Sumsub has also provided GreenBond Meter with industry-leading video identification technology as well as crypto monitoring for detecting risky buyers. Now, GreenBond Meter has dependable tools for reviewing suspicious cases — all backed up by legitimate reasons for account rejection. Plus, GreenBond Meter can save even more time since Sumsub automatically generates reports to regulators.
“GreenBond Meter Coin is our passion project that brings together the world of virtual currency and the environment. To run the project properly, we needed to make sure that our service is secure and friendly when it comes to user verification before the purchase of our crypto assets. For that, we chose Sumsub and are very happy with their solution. Our initiative has started protecting forests in Argentina, but soon plan to expand to other countries in the five continents to reach our goal of 1.000.000 hectares of protected land and we are feeling more confident doing so with the Sumsub’s support.” — Juan Nuñez, CEO at GreenBond Meter.
“We felt very inspired by GreenBond Meter’s efforts to link fintech and ecology. Dealing with crypto investments, it’s important to verify the purchaser very carefully and in accordance with local regulations to avoid noncompliance and related fines. We are happy to ensure GreenBond Meter’s compliance with worldwide verification guidelines, so that they can focus on protecting native forests and natural biodiversity.” — Jacob Sever, Founder of Sumsub.
