Latest Partnerships Include Integrations with Ubeswap, Valora, Node Finance, and Flywallet
Flowcarbon, a leading provider of on and off-chain carbon reduction solutions announced a series of key blockchain market infrastructure partnerships. Integrations are underway with decentralized exchange and automated market maker protocol Ubeswap, transaction router and software development kit (SDK) Node Finance, the Valora mobile wallet, and Ubeswap-enabled dapp Flywallet (which enables saving for travel). Combined, these partnerships create the infrastructure for using Flowcarbon’s tokenized carbon credits across applications and functionality on the Celo blockchain.
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“Together with Ubeswap, Valora, Node Finance, and Flywallet we’re building an entirely new ecosystem for carbon credits that increases access but also brings new applications,” said Phil Fogel, Chief Blockchain Officer at Flowcarbon. “Flowcarbon is building the market infrastructure for carbon credits in a much more seamless way that addresses pain points, inefficiencies and high costs of the current OTC market – ensuring people get transparent pricing, eliminating layers of manual processing and brokerage fees, and unlocking access for individuals and small businesses.”
Ubeswap enables Celo users and applications to trade between any two ERC20 tokens and provides the decentralized infrastructure that enables the integration of tokens into applications across the Celo ecosystem. It powers a robust ecosystem of applications where Flowcarbon tokens, like GNT, can be used for everything from offsetting to lending.
“Ubeswap is excited to work with Flowcarbon to bring the liquidity and benefits of Flowcarbon’s ReFi ecosystem to more people, starting with the launch of a brand new GNT/cUSD liquidity pool. Both Ubeswap’s and Flowcarbon’s decentralization goals are furthered as more liquidity and users enter the ecosystem,” said Evan Kereiakes, Business Lead at Ubeswap.
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More Flowcarbon integrations include:
- Node Finance App, which provides behind-the-scenes transaction routing between applications on the Celo platform, so users can transact with fewer steps and determine the best available price for GNT. This addresses a key challenge in the existing voluntary market, which is the lack of price transparency for carbon offset credits.
- Valora, which offers an easy-to-use experience for people that are new to crypto by providing anyone with a mobile phone an easy way to buy, hold, and use Celo assets across Web3 dapps, including Flowcarbon–offering a way for retail users to offset their carbon footprint from the convenience of their mobile phones.
- Flywallet, which enables users to save up money for flights and offset the carbon footprint of those flights.
Fogel said, “We are integrating with best-in-class partners to create limitless possibilities for enabling people to get personally involved in offsetting their own carbon footprint.”
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