WEF, Mining Giants Develop Blockchain Platform for Tracking Carbon Emissions
The World Economic Forum (WEF) has finalized a platform that tracks CO2 emissions during mining processes using blockchain.
A new way to keep tabs on climate impacts within corporate supply chains, based on open-source ledger technology.
The firm said it would pay a small percentage of fees to start offsetting carbon emissions.
One River Digital's index adds tokenized carbon credits as a premium to the bitcoin purchased.
The group's goal is net-zero greenhouse gas emissions from crypto miners by 2040.
The automaker's study used blockchain to record hybrid vehicles as they automatically shifted to low-emissions mode in restricted city zones.