djd09
Elite Member
- Joined
- May 20, 2009
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Climate Change
At the UN Climate Conference in Bonn, Germany last May, using the Ethereum blockchain was proposed to help combat climate change. Alexandre Gellert Paris, an officer of the UN’s Framework Convention on Climate Change, claimed that “blockchain could contribute to greater stakeholder involvement, transparency and engagement and help bring trust and further innovative solutions in the fight against climate change, leading to enhanced climate actions.”
More specifically, blockchain could be used to facilitate trading of carbon assets, the owner of which has the right to emit a predefined amount of greenhouse gases. Companies can buy and sell these like any other asset, and this market can benefit from the increased efficiency and transparency of the Ethereum blockchain. In fact, IBM and a new organization called Energy Blockchain Lab are currently trying to adapt the blockchain to China’s carbon trading market.
https://singularityhub.com/2017/09/...-blockchain/#sm.0000haa8rq4dieevxc01v0qsn56h2
The spin stops here.
At the UN Climate Conference in Bonn, Germany last May, using the Ethereum blockchain was proposed to help combat climate change. Alexandre Gellert Paris, an officer of the UN’s Framework Convention on Climate Change, claimed that “blockchain could contribute to greater stakeholder involvement, transparency and engagement and help bring trust and further innovative solutions in the fight against climate change, leading to enhanced climate actions.”
More specifically, blockchain could be used to facilitate trading of carbon assets, the owner of which has the right to emit a predefined amount of greenhouse gases. Companies can buy and sell these like any other asset, and this market can benefit from the increased efficiency and transparency of the Ethereum blockchain. In fact, IBM and a new organization called Energy Blockchain Lab are currently trying to adapt the blockchain to China’s carbon trading market.
https://singularityhub.com/2017/09/...-blockchain/#sm.0000haa8rq4dieevxc01v0qsn56h2
The spin stops here.