While blockchain technology has often been solely associated with JPEG NFTs and cryptocurrencies like Bitcoin, its broader potential has recently been uncovered. Contrary to what people may believe, this innovation is not confined to the world of cryptocurrency and pictures of monkeys; instead, it reaches far beyond its origins in cryptocurrency, offering several applications across numerous industries.
To broaden the use cases, Blockchain Laboratories offers a Web3 Software as a Service (SaaS) platform, blending financial strategies with state-of-the-art digital tools to promote social and environmental sustainability. This platform’s primary focus is empowering brands to tokenize, manage, and leverage digital assets for impactful solutions and aligning investments with sustainability objectives.
Beyond its Web3 SaaS focus, Blockchain Laboratories operates as a venture studio, using its Web3 capabilities to incubate ventures spanning voluntary carbon markets, real estate, and digital advertising. Their secure infrastructure facilitates efficient digital asset creation, management, and custody, specially designed to bolster environmental initiatives like carbon credit tokenization and nature conservation.
Bloomberg highlighted global ESG assets are on track to exceed $53 trillion by 2025, representing more than a third of the $140.5 trillion in projected total assets under management. Assuming 15% growth, half the pace of the past five years, ESG assets under management could climb to more than a third of the projected $140.5 trillion global total by 2025.
In ESG markets, historical challenges persist due to their fragmented nature involving various siloed third parties. This fragmentation results in prolonged timelines,
Read more on cryptonews.com