Nori wins the Energy and Environment section of the Blockchain for Social Impact Hackathon

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SEATTLE, Wash., November 28, 2017.

Nori, a new startup building a carbon removal marketplace using blockchain technology, is pleased to announce that they won in the Energy and Environment section of the ConsenSys-sponsored Blockchain for Social Impact Hackathon, also known as the Blockchain for Social Impact Coalition (BSIC) Decentralized Impact Accelerator. BSIC incubates, develops, and implements confederated blockchain products and solutions that can address social and environmental challenges across the United Nation’s Sustainable Development Goals.

“The Blockchain for Social Impact hackathon was the perfect opportunity for us to organize our team around a specific goal” said Nori CEO Paul Gambill, “The four week timeline helped our newly formed team focus on useful deliverables while also testing the waters of how well we worked together. More than anything, the hackathon helped us come together as a company and launched Nori into the next stages of building out our platform and business.”

“Our mission is to build a company that makes it possible to reverse climate change, and for us that boils down to making it easier to pay any effort that can remove carbon dioxide from the atmosphere,” said Chief Development Officer Christophe Jospe. “A year ago, the business idea to launch a new voluntary carbon removal marketplace that can scale on the order of billions of tons per year using blockchain technology would not have been possible. Winning the hackathon not only validates our idea and understanding of how to engage this new technology, but also that other smart people believe in our capacity to execute on this vision and are willing to support us in what can only be a highly collaborative effort.”

There were four winners in the BSIC hackathon, and each winner will receive $7,500 and business development support. Nori is actively working to actualize their vision and intend on launching their platform with buyers and sellers in 2018. Click here to subscribe to their newsletter.