Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: Dociko on March 13, 2021, 12:20:40 PM
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Stakeholders and developers must consider the impact of blockchain designs on climate change to make it more sustainable.
It is no longer news that the United States has restated its commitment toward lowering carbon emissions and taking an active part in the quest to normalize environmentally friendly measures on the global scene. This drastic shift in policymaking will spur the introduction and establishment of more stringent approaches to climate change. Undoubtedly, the reentering of the United States in the climate change conversation is indicative of the seriousness of this crisis and the drastic decisions countries would likely make to meet the environmental goals set in Paris, known as the Paris Agreement.
Cointelegraph
(https://cointelegraph.com/news/the-use-of-blockchain-tech-should-be-more-environmentally-friendly)
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Blockchain is a public record technology that supports Bitcoin, but this technology has also opened up to other innovations. This includes a platform set up to reward user-generated content. Power Ledger is now using a 'greener', more environmentally friendly version of blockchain technology called Ecochain. Thanks to Ecochain, extra renewable energy is produced that can be sold directly to consumers.
Unlike other renewable energy platforms, Power Ledger offers customers the opportunity to exchange electricity among themselves by eliminating the intermediary. As a result, customers who can afford to invest in renewable energy generation can profit from their own surplus. At the same time, those who do not have infrastructure but still want to make money from renewable energy can have this energy at low costs. In addition, electricity producers can gift electricity to anyone they wish, if they wish.
Jemma Green, one of the founding partners of Power Ledger, believes that the possibility of generating income from renewable energy will also increase the use of solar panels. “For now, if you have extra solar electricity, you sell it at a lower rate and re-buy it at a higher rate. By using the Power Ledger, you can sell this excess to your neighbor, to a ratio between these two numbers. "
The company plans to launch an 8-week trial in 10 households it has chosen from a town in North Las Vegas as soon as possible.
https://www.digitaltalks.org/2016/09/13/cevre-dostu-enerji-icin-blockchain-teknolojisi-kullanimi/