Nigel Farage’s foray into ‘eco-friendly’ blockchain

Is Nigel Farage about to rebrand as a tech entrepreneur? Since quitting UK politics, the former Ukip leader has had a varied portfolio when it comes to new work. He has tried out broadcast journalism, Cameo (£75 a pop) and climate activism – as a spokesman for the green finance firm the Dutch Business Group (DGB), which invests in forests in a bid to reduce carbon emissions.

Now Mr S understands Farage’s post-Brexit reinvention is about to step up a gear – by entering the world of crypto. Last week, his company DGB acquired a controlling stake in a software development outfit called Statix Artificial Intelligence, with the aim of using its artificial intelligence, blockchain, big data and drone technology to validate the carbon offsets that they sell.

According to DGB’s website the new project is called Quadtreelium and will utilise encrypted blockchain to ‘facilitate a trading platform for nature offset tokens’ with a software development team currently working on blockchain certification standards for the ‘incubation, validation and maintenance of nature-based environmental projects.