As the nonfungible tokens craze took off at the start of the year, many climate-conscious artists vocalized their disapproval of Ethereum’s energy consumption. In May, Elon Musk then derailed Bitcoin (BTC), citing the energy consumed by Bitcoin as cause for Tesla to withdraw its plans to accept BTC as payment for its electric cars. Both of these events have provoked a surge of … [Read more...] about The focus of the blockchain climate discussion is missing the point
Climate
How will blockchain technology help fight climate change? Experts answer
For some time, the global climate crisis was a hot topic to debate. But the discourse has changed and a consensus has been reached, moving the conversation toward how to stop — or at least to lessen — the ongoing issue of climate change. Two pivotal moments in reaching this point were the adoption of the United Nations’ Sustainable Development … [Read more...] about How will blockchain technology help fight climate change? Experts answer
Enjin joins Crypto Climate Accord, goes carbon negative
Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate. The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate … [Read more...] about Enjin joins Crypto Climate Accord, goes carbon negative
UN sees blockchain technology as tool to fight climate crisis
Amid ongoing concerns over Bitcoin’s (BTC) carbon footprint, the United Nations has said out that cryptocurrency’s underlying technology has massive potential for fixing global issues like climate change.The UN will keep exploring the uses of blockchain technology as a way to fight the climate crisis and help reach a more sustainable global economy, according to an article … [Read more...] about UN sees blockchain technology as tool to fight climate crisis
Solving the Climate Change Problem Using Blockchain Technology
sponsored The Swiss company TRES Group GmbH is launching an exciting and innovative program aiming at adding a solution to the Climate Change challenge. For several months, the FOSTER project has been under development, which aims to mass plant trees around the world for the benefit of increasing carbon dioxide absorption using blockchain technology. Climate … [Read more...] about Solving the Climate Change Problem Using Blockchain Technology