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PanXchange Carbon Credit Market to Integrate with the Hedera Blockchain
DENVER, Aug. 28, 2023 /PRNewswire/ — PanXchange, which offers a vertically integrated carbon exchange program for nature-based solutions today announced it has received funding from the HBAR Foundation for its integration with the Hedera Network. PanXchange’s patented Web 2.0 trading platform is designed to build liquidity and transparency in physical commodities. Through their partnership with Hedera, PanXchange will have access to a fast, secure blockchain to deliver an immutable audit trail to customers. DLA Piper advised PanXchange on the integration and serves as their legal counsel for developing all carbon program documentation.
Julie Lerner, PanXchange’s CEO states, “With Hedera’s technology and the guidance of DLA Piper, PanXchange’s Carbon Project Development and trading platform offers landowners an economically viable path to earn credits and full ownership of and autonomy over…