Blockchain Companies Dovu and Tymlez Join Forces to Reduce Carbon Emissions

The rapid growth of the blockchain technology market has raised concerns about its impact on sustainability. According to Emeritus, the market is currently valued at $4.7 billion, which is predicted to triple by 2027. The amount of energy used in its production and mining has become a priority for many in the industry.

In a recent interview on “Gossip about Gossip,” Matt Smithies, CTO of Dovu, and Dan Voyce, CTO of Tymlez, discussed their partnership and how it will help reduce carbon emissions. The integration will allow Tymlez’s customers to buy fully verified carbon credits through Dovu’s DNRV solution, which accurately reports carbon intensity and creates audit-ready reports of carbon emissions.

Smithies and Voyce also discussed risks carbon emissions pose in the blockchain technology landscape. They emphasized the importance of finding the demand to fit the supply of carbon credits to avoid oversupplying. The long-term benefits of carbon credits were also highlighted.

The partnership between Dovu and Tymlez demonstrates a commitment to sustainability and a willingness to collaborate to reduce carbon emissions. As the blockchain technology market continues to grow, it is crucial for companies to prioritize sustainability and work together to address the challenges that arise.

Follow us on social media for the latest updates in B2B!

Image

Latest

data center design
Applied Digital’s Data Center Design for a 100 MW AI Factory Built from the Ground Up
July 2, 2025

AI workloads are redefining the limits of data center design and infrastructure. Legacy data centers, built for traditional co-location, cannot handle the density, thermal demands, or power dynamics of accelerated computing. The AI boom has upended the data center sector, forcing a rapid shift to liquid-cooled racks as facilities pivot from sub-10kW racks to…

Read More
Commerce media
A Look at the Rise of Commerce Media Networks: How Nift Helps Brands Own How Their Message Shows Up
July 2, 2025

As traditional digital advertising struggles to retain consumer trust, brands are exploring new, more authentic ways to connect with shoppers. Platforms like commerce media networks, which weave together commerce, content, and data, are emerging as powerful tools in this shift. Research from MG2 Advisory reveals that only about 37% of consumers feel brands genuinely…

Read More
Hospitality leadership
Heart-First Hospitality Leadership: How Saying ‘Yes’ Transforms Guest Experiences, Boosts Staff Morale, and Drives Business Results
July 2, 2025

As the hospitality industry emerges from years of pandemic-driven upheaval, hospitality leadership is evolving to meet new challenges. Leaders are looking for new ways to retain staff, elevate guest satisfaction, and drive revenue without burning out their teams. One trend gaining traction is the power of “Yes”: empowering employees to say yes more often,…

Read More
civic leadership
Mayor Gerard Hudspeth’s Civic Leadership Journey: What Politics Teaches About People
July 2, 2025

What does a mayor learn about human nature? In this episode of Professional Quotient: Conversations that Build Equity, host Jason Winningham sits down with Gerard Hudspeth, longtime mayor of Denton, Texas, and a respected figure in civic leadership. Drawing from his years in public service, Hudspeth explores how leading a city reveals the core…

Read More