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Golden Finance reports that Northern Trust has announced that it has completed the first phase of a voluntary carbon credit ecosystem that will allow institutional buyers to digitally acquire carbon credits from leading project developers. Northern Trust has successfully completed fully automated trading on its initial minimum viable product (MVP) digital carbon credit platform, a partnership with Go Balance Limited, ReGen III (TSXV: GIII) and direct carbon abatement project developers including Carbon Avoidance Developed jointly with clearance project developers.
The ecosystem leverages private ledger digital blockchain technology to connect institutional buyers with carbon credit providers focused on solutions that reduce greenhouse gases such as carbon dioxide.

