#Jasmy Launches "J-Blue Credit" Trading on NCCX Platform.
The following is an excerpt from Nikkan Kogyo Shimbun
" Jasmy will begin handling “Blue Carbon” on the carbon credit exchange it operates early in 2025. Using blockchain, JASMY will ensure reliability and transparency of transactions for blue carbon certified and issued by the Japan Blue Economy Technology Research Association. In Japan, “J-Credit” managed by the government is the mainstream, but Jasmy will help expand the market for voluntary credits by the private sector.
Jasmy has established NCCX, an exchange that mainly handles carbon credits created by NCCC, in which SoftBank and other companies participate.
JBE certifies blue carbon created through the restoration of seaweed beds and other activities as “J Blue Credits.
Jasmy can expand its trading volume by also handling J Blue Credits on NCCX, and JBE can manage the history of issuance, sales, and usage in a tamper-proof manner through the blockchain.
NCCC member aiESG will also provide a service to evaluate the environmental and social impact of Blue Carbon creation based on objective data.
Those who wish to do so can trade in a form that certifies that the credits were created in a way that protects the community and workers, as well as the carbon sequestration results."