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BlockMint (TSXV:BKMT) announces updated Minter Browser with carbon offset feature

 John Ballem John Ballem , The Market Herald Canada
0 Comments| February 9, 2021

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BlockMint has released an upgrade of their Minter Browser that allows users to earn carbon credits.

BlockMint's CEO, Nelson Ijih commented: "We initially designed Minter with the underlying philosophy that everyone should be able to participate in the crypto-economy. We also think it's important that we all do our part to tackle climate change and preserve our planet for future generations. We are excited to offer users this unique way in which they can help to offset their carbon footprint simply by browsing the internet."

A carbon footprint measures the amount of greenhouse gas (GHG) that a person produces from their daily activities, such as driving a car or taking a flight. It is measured in carbon dioxide equivalents (CO2e) with carbon dioxide being the primary greenhouse gas emitted through human activities.

GHG emissions are responsible for global warming, which has led to devasting effects on the planet such as extreme weather events, wildfires and rising sea levels.

Carbon credits (sometimes also referred to as carbon offsets) are generated by projects that reduce or remove GHG emissions. They allow individuals and businesses to offset their emissions with an equivalent reduction or removal of emissions in a sustainable project somewhere else on the planet.

The Minter browser allows users to use their spare computing power to mine cryptocurrencies and earn carbon credits to offset their carbon footprint.

The browser has a user-friendly, built-in dashboard where a user can control the amount (if any) of computing power on his/her computer that will be used for mining to earn carbon credits. Users receive carbon credits purchased with the cryptocurrencies mined. BlockMint will earn a margin on the purchase of the carbon credits.

The Minter browser also offers a virtual private network (VPN) and ad-blocker.

This upgraded version of Minter has been initially launched for use on desktops and laptops with a Windows operating system. Support for additional operating systems (MacOS, Linux) will be added later this year. This will be followed by versions of Minter for smartphones and tablets.

BlockMint, through its wholly-owned subsidiary, Blockmint (USA) Technologies Inc., develops distributed systems and networks that enable a more decentralized deployment of blockchain-based applications such as cryptocurrency mining.

BlockMint (BKMT) is currently down 1.25 per cent, trading at C$0.395 per share.



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