Bitgreen Carbon Market Code Audit Commences

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In preparation for mainnet launch, we are pleased to announce the audit of the Bitgreen Carbon Market. Beginning August 4th, the audit will be conducted by the FYEO security team. FYEO (formerly BTblock) has conducted audits for blockchains including Ethereum, Solana, Algorand, and NEAR.

The audit will cover the following components:

“This audit is the final stage of development before Bitgreen Carbon Market launch,” says Dennis Reichelt, Bitgreen CTO. “It ensures that Bitgreen Carbon Market will behave as expected, and that organizations and individuals can rely on the platform to purchase and offer tokenized credits.”

Brian Gale, FYEO Co-CEO, says: “We are excited to have the opportunity to be selected as the trusted audit partner for Bitgreen. Their focus on creating a platform for sustainable innovation in Web3 presents a path for driving capital into important sustainability initiatives across a variety of sectors and the opportunity to create real impact on a global scale.”

A part of the Polkadot ecosystem, the Bitgreen blockchain will serve as the hub for web3 sustainability. Using the latest decentralized finance technologies, it will be capable of aggregating capital, conducting post-transaction settlements, and facilitating both audits and accounting for numerous sustainable finance markets. Industry sectors include conservation finance, carbon credits, impact investing, and philanthropic donations.

The Bitgreen blockchain is set to launch in the coming months, followed shortly after by the Bitgreen Carbon Market.

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