DigitalX Limited (ASX: DCC) known as a leading technology and investment company focused on blockchain consulting, digital asset funds management, and RegTech, is on a mission to become an ESG leader in the crypto space. And to do so, it’s enlisted the help of innovative, blockchain-enabled carbon-trading company BetaCarbon.
The two Australian companies have struck a unique deal that will utilise the Aussie-dollar-linked private stablecoin XAUD. And from a crypto use-case perspective, that’ll help promote the benefits of “atomic” stablecoin settlement (the instant exchange of linked assets via the blockchain).
There’s another added benefit to this carbon-offsetting, blockchain-based union, too – which is the support of Indigenous culture in northern Australia.
Let’s quickly look at each aspect of this in turn and how it all works…
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