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Blockchain & Sustainability
At BRG 2019, we had a number of experts shed light on how we can “put the Paris Agreement on the blockchain”: creating a global credit and debit system that tracks and transfers carbon credits between countries. Blockchain moves carbon trading away from a system with fragmented intermediaries and instead towards decentralized and transparent transactions between buyers and sellers.
The ethical and sustainable sourcing of natural resources is becoming an increasingly important benchmark for consumers. Blockchain provides these markets with a system to track every transaction within an asset’s lifetime, that can be accessed by all stakeholders in the network.
Recycling and Waste
Dealing with waste means handling a number of issues including accountability at the end destination, paying collectors, and tracking waste shipments. Organizations are creating platforms to address these issues, using blockchain to record and track these transactions.