In an enhancing talk with Julieta Tarrés from CNN Radio, Juan Nuñez tells the foundation of the project. Arisen at dinners with friends, GBM takes shape as an initiative that brings the care and preservation of the environment to the world of blockchain and cryptocurrencies.
Juan says that a little more than two years ago a team of professionals from Argentina, Uruguay, Spain and Estonia was formed to establish the relationship between this ecosystem (blockchain, digital assets) and the preservation of native forests.
The executive director also relates that due to the majority of Argentine professionals in the team the chosen country was Argentina and the first property was established in the province of Misiones.
Regarding security and traceability in operations, GBM set about obtaining a license issued by the FIU (Financial Intelligence Unit) to the Estonian company Heimdall (one of the companies that integrate the project) for the use of the blockchain, “This country stands out for having one of the most prestigious certificates in terms of control” argues Nuñez.
GBM, according to Juan, links a digital asset with 1 m2 of native forest for a period of 100 years under the commitment not to exploit that soil. After this time, the protected land is donated to the State for the creation of a National or Provincial Park.
“The GBM user, in compensation for having contributed this digital asset to the preservation and restoration of Natural Capital, accesses to the carbon / green bond market,” says the CEO of GreenBond Meter.
Adding to this, the journalist Julieta Tarrés says that this type of Bonds have a wide acceptance and promise future earnings based on the reduction of the carbon footprint.
Juan Nuñez emphasizes that the certified bond is a credit, it is not a financial bond and that for GBM obtaining the VERRA certification was of vital importance. Through this certification, GBM can guarantee carbon credits and demonstrate how much the forest has been improved.
Listen to the full interview on https://radiocut.fm/audiocut/entrevista-a-juan-nunez-ceo-gbm-coin/