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Cudos Announces Exciting Partnership With ClimateTrade

Cudos Announces Exciting Partnership With ClimateTrade
  • Cudos announces partnership with ClimateTrade for a carbon-neutral blockchain.
  • ClimateTrade is a blockchain-based carbon credits company.
  • Some of ClimateTrade’s enterprise customers include Iberia, Melia, and Telefónica.

Today, Cudos, a decentralized cloud computing network, announces its partnership with ClimateTrade, a blockchain-based carbon credits company. With this, Cudos can become a carbon-neutral blockchain.

Of note, ClimateTrade is a Spanish fintech company whose main objective is to help companies achieve their sustainability goals. They help businesses by offsetting CO2 emissions and financing projects against climate change. More so, they launched a digital solution that allows and promotes the acquisition of carbon-neutral products and services.

Some of ClimateTrade’s enterprise customer portfolio includes aviation bran Iberia, international hotel chain Melia, and telecom giant Telefónica. Clearly, the business supports a raft of green projects such as reforestation, wind and solar farms, landfill gas recapture, and more.

Thus, CEO of ClimateTrade Francisco Benedito shared his excitement about this partnership.

We are pleased to be the carbon-neutral partner of Cudos. At the very heart of their mission is the need to address the throughput, scalability, and, most importantly, environmental issues associated with blockchains. We want to empower decentralized infrastructure in the new digital economy, and our job is to support the development and growth of its operations in a sustainable way.

Meanwhile, it should be noted that Cudo is the company behind Cudos. The Cudo ecosystem behind Cudos already boasts more than 60,000 globally distributed nodes.

Recently, the company also receive Algorand Foundation Grant that helps improve its ecosystem. Since the Algorand Foundation launched its Grant Program last 2020, many developers and innovators around the world participated eagerly. Of note, Algorand is also collaborating with ClimateTrade.

Clearly, the Cudos network aims to bridge other blockchains as part of its development roadmap for 2021 and 2022. Hence, they provide developers in other blockchain ecosystems access to green cloud computing power.

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Britney is a market analyst who covers stories about the cryptocurrency world. She holds a Business Administration Degree in Finance and aims to let the readers understand crypto from a beginner perspective.