Philip Blazdell is CEO at Fedrok AG, a Swiss-based blockchain company focused on enhancing transparency and trust in the carbon credit market.
Why you should listen
Fedrok AG is a Swiss blockchain company focused on combating climate change by transforming the carbon credit market. Their mission is to make Bitcoin mining environmentally friendly, unify the carbon credit market, and integrate blockchain technology with carbon offsetting.
To achieve this, Fedrok developed the Fedrok blockchain, aiming to unify the carbon credits market and empower businesses and individuals to fight climate change effortlessly. The platform facilitates the tokenization of verified carbon credits, ensuring transparency and trust in the carbon market.
Fedrok’s approach includes innovative mechanisms like the “Proof of Green” consensus, which rewards blockchain activities powered by renewable energy sources. This incentivizes the use of clean energy in blockchain operations, aligning technological advancement with environmental responsibility.
FDK is Fedrok’s native cryptocurrency, uniquely built to support carbon reduction and sustainability.
Each FDK coin represents one metric ton of CO₂ offset through verified carbon credits, so your impact on the planet is measurable. FDK is also the green fuel powering transaction fees on the Fedrok Blockchain, actively promoting a sustainable ecosystem.
FDK coins are created and burned based on global carbon offset activity, with a flexible supply that adapts to the demand for carbon reduction.
Miners earn FDK by using renewable energy for Bitcoin mining, verified by our Proof of Green (PoG) system. Each time a green Bitcoin miner mines a block, FDK coins are also minted. Miners can either mine FDK blocks for extra rewards or let others handle it and still earn a share, making FDK mining simple and accessible for everyone.
Supporting links
If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
