One of the largest electronics manufacturers globally, Samsung, will get exposure to Cardano following its latest partnership with blockchain-based climate solutions platform Veritree. This is according to the head of Brand and Communications at the Cardano Foundation, Sidney Vollmer.
Announced on Monday during the Consumer Electronics Show (CES) in Las Vegas, Samsung Electronics America has teamed up with Veritree to plant over 2 million mangrove trees in Madagascar in the next three months.
The American subsidiary of the South Korean multinational conglomerate believes that mangrove trees capture more carbon dioxide than other tropical trees. The tree-planting project is part of Samsung’s growing efforts of environmental sustainability, particularly pulling carbon dioxide out of the atmosphere.