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1GCX Introduces New Sustainable Crypto Offering

Source: Chloe

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1GCX, the world's greenest global exchange, announces recently the launch of its new 1GCX centralized crypto exchange. 1GCX combines the power of blockchain with sustainable practices to enable secure crypto trading and create traceable carbon exchanges within the free market to herald a new Carbon Economy™.

By trading on 1GCX, organizations and consumers in the United States, Canada, Europe and the UK, will be able to trade currency, including Bitcoin and Ethereum, on a secure and sustainably The 1GCX platform was created to facilitate trade, provide umbrella governance, and enable interoperability between the crypto and carbon markets. Through the platform's wrapped Proof of Work (PoW), transactions within the network will be represented by reserves and will be wrapped on the settlement ledger until assets are moved off the exchange, reducing the amount of PoW energy consumed.

Through the 1GCX platform, users can contribute to a net-zero economy via exchange data that is backed-up in real time while all user information is encrypted. 1GCX will also run on green data centers which will be powered by solar, wind and hydropower.

"Blockchain can't solve sustainability issues directly but is a magnificent tool we have in the chest," said 1GCX CTO, R.A. Wilson. "Blockchain and related internet technologies are equipped to address ESG in ways that corporate regulation is not, including contract enforcement, asynchronous accounting structures, and facilitating a creative economic environment to overcome challenges."

(Source: Business Wire)

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