CarbonMeta Technologies Inc. (OTC PINK:COWI, “CarbonMeta”), a trailblazing green technology firm, announced today the submission of a groundbreaking provisional patent application to the United States Patent and Trademark Office (USPTO). This patent application introduces an inventive and verifiable process designed to transparently document and monitor sequestered carbon dioxide (CO2) in concrete as carbon credits on a blockchain.
The patent application from CarbonMeta outlines a pioneering system that integrates cutting-edge carbon sequestration methods with advanced blockchain technology. This innovative approach aims to transform the construction industry’s endeavors to diminish its carbon footprint. Through this process and software technology, CarbonMeta and its clients will be able to accurately record and monitor the CO2 permanently captured in their cement-less concrete products. The sequestered CO2 will be represented as carbon credits and securely stored as components on a blockchain, ensuring the transparency and immutability of the information.
Lloyd Spencer, President and CEO of CarbonMeta Technologies, commented, “This provisional patent marks a significant milestone in our quest to develop and implement transformative solutions for a more environmentally friendly future. Our pioneering strategy directly addresses the urgent need to reduce greenhouse gas emissions and offers investors an opportunity to contribute significantly to the fight against climate change.”
Authored by Mohamed Khalil, Martyn Newby, and Lloyd Spencer, CarbonMeta’s patent application was submitted to the USPTO on May 23, 2024, with patent development and legal advisory services provided by PatentManiac.
Source: finance.yahoo.com
