Crypto Reporter
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Dimitra, a global leader in agricultural technology and sustainability solutions, is announcing the launch of Dimitra Carbon, a new initiative aimed at supplying DMTR Carbon Credits that are rigorously verified, traceable, and compliant with the most stringent environmental standards. Built on blockchain, Dimitra Carbon offers completely traceable carbon credits that are generated from sustainable agriculture projects, bringing transparent, verifiable, and credible solutions to the carbon offsetting market.
By leveraging blockchain technology, Dimitra Carbon ensures that every DMTR Carbon Credit is verified by stringent monitoring and reporting standards, and is fully traceable back to its origin, providing unmatched transparency and credibility. The DMTR Carbon Credits are among the few in the market that are 100% traceable to the farmer level, allowing companies to verify with certainty that the credits were generated and not sold multiple times. This increased transparency makes the carbon market accessible to approximately 500 million small-scale farmers worldwide who are currently excluded due to the high costs and investment of time involved in generating tradable, unique, and verifiable carbon credits. .
The deployment of the DMTR token expedites the process of carbon credit offsetting and provides an additional level of traceability and trust, consistent with the standards of regulatory requirements. By partnering with Dimitra, this initiative allows leading organizations and businesses to reduce carbon costs through clear and verifiable data that simplifies the auditing and verification processes, while also democratizing access to carbon credits for smallholder farmers.
Jon Trask, CEO of Dimitra said: “Our mission with Dimitra Carbon is to create a sustainable future by empowering farmers and offering high-quality carbon credits. We believe that by integrating blockchain technology, sustainability, and agriculture, we can make a meaningful impact on climate change and drive positive transformation to communities worldwide. Our dedication to this initiative underscores our commitment to environmental sustainability and supporting local farmers and crypto communities”.
Dimitra works alongside farmers across the globe, spanning regions in South America, Africa, and Asia, achieved by combining cutting-edge agricultural technologies with environmentally sustainable methods that enable farmers to boost productivity while minimizing their carbon emissions. Dimitra Carbon is working with these same farmers to launch this initiative, with the first project’s plans already underway in Africa. To further incentivize corporate participation in carbon offsetting, Dimitra is also offering companies seeking to minimize or eliminate their carbon footprint a 10% discount when purchasing Dimitra Carbon credits, subject to the condition that the acquisition is made using the DMTR token.
“The global carbon credit market is experiencing unprecedented growth. With an estimated market value of over $1 billion in the voluntary carbon market in 2021 and projections reaching $50 billion by 2030, the demand for high-quality carbon projects has never been higher.” Diego Costa, COO of Dimitra, added: “ Dimitra aims to meet this demand, and has even hired a carbon program lead to work alongside Dimitra’s data science team. Together, they are studying the carbon market extensively to progress the initiative, and have already seen different countries manifesting their interest in joining the DMTR Carbon project”.
About Dimitra
Dimitra is a global Agtech company with a mission to help smallholder farmers across the world. Dimitra works with governments, government agencies, NGOs, and for-profit organizations. The Dimitra platform is built on blockchain technology and incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every smallholder farmer, regardless of economic standing, should benefit from simple, beautiful, and useful technology.
Filed Under: Press Releases