NEW YORK–(BUSINESS WIRE)–Flowcarbon, a leading provider of on and off-chain carbon reduction solutions, and Menthol Protocol, the first multi-chain decentralized protocol to automate decarbonization, today announced a partnership that illustrates the ability of blockchain technology to unlock and rapidly multiply positive social impact. Menthol Protocol’s tools, (i.e. middleware), can be integrated into any facet of the web3 tech stack including applications and blockchains to automatically calculate the entity’s carbon footprint and purchase a corresponding amount of qualified tokenized carbon and renewable energy credits. Most web3 entities, including some of the largest blockchains, have transitioned to more energy efficient networks. The Menthol Protocol and Flowcarbon partnership will make it easy for these entities to fully mitigate their carbon impact by offsetting the balance of emissions that cannot be further reduced, also known as hard to abate emissions.
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