UniCredit Advises on Water Credits Recorded on Algorand
- —UniCredit advises on using Algorand-based water credits in capital markets
- —Hypercube leads the European Water Credit Sandbox initiative
- —Each water credit represents one verified cubic meter of water
- —The project could attract sustainable investment into capital markets
Why it matters: If verified water credits reach capital markets, it would broaden blockchain use in ESG finance and give Algorand a new real-world use case.
Source: Coinfomania