How blockchains can solve greenwashing and contribute to climate action
BNB Chain's Victor Genin said that blockchain can improve transparency, accountability, traceability, energy efficiency, waste reduction and collaboration in the climate action space. As concerns about climate change and environmental sustainability continue to grow, many organizations are turning to innovative solutions to help address these pressing issues. One such solution is blockchain technology, which has the potential to revolutionize sustainability efforts across a variety of industries. On April 25, a World Economic Forum (WEF) whitepaper featured blockchain as a tool to fight climate change. The whitepaper highlighted the benefits of using blockchains in the climate action community. From improving market transparency to democratizing access to climate action, the WEF wrote about various benefits of using blockchain in sustainability efforts. Digitisation of the VCM is one of the leading use cases for #blockchain innovations in the climate action space. The “Blockchain...