How do you start building on Venom? 🐍

⌨ Venom provides a virtual machine that executes smart contract code on its own blockchain.

It is a Turing complete virtual machine, like EVM, but it is considerably different. Smart contracts in Venom provide a new, more flexible, and controlled flow over the execution of application logic.

🔧 To start creating smart contracts on Solidity, Venom blockchain developers recommend using the prepared toolchain and development guides. Open access to the repository on GitHub is also provided.

💬 Venom is open to communication and help, so if novice developers have any questions, they can ask for help in the specially created Discord server.

#venom #development #guide #post

The UAE will develop a system of carbon credits on the Venom blockchain 💨

💳 Carbon credits, (offsets) are permits that allow the owner to emit a certain amount of carbon dioxide (CO2) or other greenhouse gases. One credit permits the emission of one ton of carbon dioxide.

The UAE Ministry of Climate Change and Environment (MCCE) is developing a system of carbon credits in preliminary partnership with Industrial Innovation Group and Venom Foundation.

The move is part of the UAE's strategy to reduce CO2 emissions by 40% by 2030. The country's ultimate goal is to achieve carbon neutrality by 2050.

▶️The system will allow government bodies such as the MCCE to sell or allocate credits to businesses

▶️The credits can be used by recipients to emit a certain amount of gas or sold/exchanged with other organizations seeking to offset their own emissions

▶️Through the use of blockchain, carbon credits will be able to be accurately tracked and securely traded

☀️ In addition to nationwide efforts to reduce emissions, local initiatives have been implemented in each of the UAE's emirates — for example, in Abu Dhabi.

#venom #uae #carbon #post