This certificate provides a tokenized product “that captures the value of bitcoin mined using renewable energy.”
The certificates will be sold to institutional investors who will store them alongside bitcoin in order to make sure that their assets are climate-positive and in line with their environmental objectives.
Furthermore, there are three processes through which the certificates are obtainable.
Firstly, utilising green energy sources including hydro, solar, and wind. Secondly, by supporting renewable energy financially through the purchase and retirement of Energy Attribute Certificates.
Finally, through implementing CO2 reduction technology.
Sustainable Bitcoin Protocol CEO said: