Category: Environment

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What lies ahead for crypto and blockchain in 2021? Experts answer

Here’s what industry leaders foresee in the development of the blockchain technology and crypto space in 2021. It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity…
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WEF tests tracking carbon emissions with blockchain technology

A new proof-of-concept shows how blockchain increases value across the supply chain. The World Economic Forum is progressing with its blockchain-based project tracking of greenhouse gas emissions. According to a Dec. 15 announcement, the WEF’s Mining and Metals Blockchain Initiative, or MMBI, has released a proof-of-concept to trace carbon emissions for mining and metals firms.…
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Million-dollar startup taps Algorand to fight climate change

Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance.  Climatetrade announced Wednesday that it has selected the Algorand blockchain to power its carbon offsetting marketplace, which…
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Universal Protocol Alliance introduces tradable carbon token

“Combine a digital asset with a rainforest carbon offset and give everyone in the world access.” An alliance of crypto firms is introducing tokenized carbon credits for individuals to offset the amount of carbon dioxide they contribute.  According to a Tuesday announcement, the Universal Protocol Alliance has launched a tradable carbon token on a public…
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Ripple’s Brad Garlinghouse wants bitcoin to succeed after all

He clarified that Ripple isn’t trying to compete with Bitcoin during a podcast appearance. Ripple CEO Brad Garlinghouse may be a critic of Bitcoin (BTC), but he still wants the original cryptocurrency to succeed in the long run.  Appearing on a Nov. 19 episode of Fortune’s “Brainstorm” podcast, Garlinghouse reportedly said Bitcoin is not competing…
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Blockchain helps determine ‘green’ parking price in Munich

Token reward airdrops hope to “nudge” car users into more sustainable behaviors. Artificial intelligence specialist Fetch.ai and blockchain solutions provider Datarella have announced the launch of a “Smart City” infrastructure trial in Munich on Nov. 12. The trial will be centered around the Connex Buildings business center in the city and will use a multiagent…
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World Economic Forum calls blockchain key to sustainable digital finance

A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. The World Economic Forum, or WEF, believes that blockchain represents a core element of sustainable digital finance — a new paradigm that combines emerging technology with environmentally conscious business models. In a new report published Wednesday, UBS executive Karin Oertli lists blockchain…
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Talking Digital Future: Smart Cities

Smart cities have become one of the most discussed topics recently, but what do they really mean? And why do we call them “smart”? My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as…
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Blockchain for the Environment: It Is Real and It Is Here

The blockchain industry has the potential to help the world in stopping the climate changes and global warming. Every week sears a new image of climate change into our collective consciousness. A few decades ago, we heard about ozone holes and ice melting at slightly higher rates than anticipated. Today, the reminders of climate change…
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European Space Agency Funds Blockchain Project Recording Satellite Data

The European Space Agency, a major organization dedicated to space exploration, is funding a new blockchain project to boost the world’s mining industry. While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space. The European Space Agency (ESA), a major intergovernmental organization dedicated…
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