A future of the blockchain environment
The concept of a blockchain environment inspires developers around the world. As you will soon learn, Blockchain technology, with its transparency and immutability, is ideal for a range of environmentally friendly tasks. Today, developers want to integrate blockchain technology into a variety of sustainable projects.
To save the planet is not an easy task. Fortunately, today there are technologies to transform obsolete and wasteful practices. The earth needs urgent support. After a recent report Published in the United Nations Environment Program, Earth's temperatures continue to rise alarmingly.
While this may be welcome news for those currently in a cold winter season, rising sea levels are causing devastation on islands and coastal towns. ON study published by Yale, has shown that the oceans have risen to unprecedented levels since the 1970s. The same report described in detail how the rate at which sea levels rose doubled from about 0.06 inches per year to 0.14 inches per year in 1993.
This information is a cause for concern and not just for environmentalists. According to recent governments, governments as well as private companies are able to absorb $ 14 trillion per year in damages study carried out by the UK National Oceanographic Center (NOC).
Building block (chains) for a better planet
The World Economic Forum has recognized and published the need for change Building block (chains) for a better planet, This paper presents 65 existing and emerging projects in blockchain environments that have the potential to counteract the current state of degradation of the planet. The study covers six global challenge areas:
- climate Change
- Biodiversity and nature conservation
- Healthy oceans
- water safety
- Clean Air
- Weather and disaster resilience
As the world seeks to overcome the environmental challenges outlined above, several multinational blockchain environmental organizations have formed. These groups proactively address the problems of our environment. One of the best-known blockchain environmental groups in operation today is the Blockchain for Climate Foundation.
Blockchain for Climate Foundation
The Blockchain for Climate Foundation wants the Paris Agreement on the blockchain. The Paris Agreement is an international strategy for reducing harmful greenhouse gases with the support of 195 signatory countries.
There are many reasons why a block-based strategy makes sense. The migration of the Paris Agreement into a blockchain allows countries to monitor global emissions in an open and transparent manner. In addition, the move significantly reduces the cost of monitoring. As of today, the group organizes guided tours to promote the benefits of such a merger.
Blockchain environment programs already in motion
Fortunately, the blockchain world is all about innovation and sustainability. To this end, there are currently numerous private and state blockchain environmental programs. These programs combine the ingenuity of crypto developers with the hopes of environmentalists. Here are some of the most notable examples:
Solar plastic: plastic bench
The Solar Plastic platform aims to stimulate the recycling process. Plastic waste is a big problem for environmentalists. A new Huffington Post history The title "Oceans drown in plastic" highlights the problems these developers seek to solve.
The concept behind it plastic bank Is simple. The participants are paid in cryptocurrency for the recycling of their plastics. The platform pays people slightly above the market price for their plastic waste. This strategy keeps our oceans clean and enables recycling efforts worldwide.
The electron Platform combines the security of blockchain technology with the high-tech features of today's digital electricity meters. This project facilitates the transition to smart power systems that automatically determine the most efficient power distribution strategy.
This UK-based power distribution platform can be scaled to 53 million meters and over 60 different electrical providers. The team behind the project is trying to reduce centralization in the country's electricity sector. The platform enables a decentralized approach to the problems of power generation.
The Brooklyn Microgrid The project combines a range of innovative technologies to create a municipal energy network. The platform is unique in that the energy company continues to be responsible for the maintenance of the infrastructure. Any unused energy is exchanged between participants.
The project currently has a building in Brooklyn, NY, which is equipped with solar panels. The energy generated by these panels is distributed to all participants in the Microgrid. And each participant receives an allocated amount of electricity. Members can sell their unused power to other members of the Microgrid at a profit.
The SolarCoin The concept is similar to the Brooklyn Microgrid concept as solar power is produced and resold. However, the SolarCoin project is taking a more individual approach to the concept. Users sell their unused power generated by their own solar panels through the blockchain.
In this strategy, a homeowner buys a solar system. Once the system is integrated into the SolarCoin network, users can begin to sell energy that is not consumed at home. The platform can participate for free and members can choose to pay in cash or Bitcoin.
The ElectiCChain The platform enables global monitoring of solar energy production in real time. The system works with the SolarCoin network. The project integrates data from over seven million global solar systems. These data support further scientific research into sustainable energy.
ElectriCChain stores all collected live production data and usage data in a single blockchain. This strategy provides researchers with a wealth of valuable information in an easily accessible location.
A brighter future: a blockchain environment
It's hard to say if the creator of Bitcoin, Satoshi Nakamoto, imagined how blockchain technology would change the way we drive our lives. As developers continue to explore the benefits of blockchain technology, the world around us needs urgent solutions. It now seems that blockchain technology holds the keys to a better future for all.
The Post Building a Better Blockchain environment first appeared on CoinCentral.
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