The report, published at the California climate conference, describes more than 65 ways to use the blockchain to fight environmental problems around the world. The report says that, instead of creating global applications and businesses, it is necessary to create new global platforms for the development of "responsible blockchain systems for the environment."
The report, published jointly with PwC and Stanford University, highlights some of the environmental issues facing people around the world today. Among them - climate change, air and water pollution, conservation of animal species. It is also indicated that the blockchain has great potential for managing supply chains and creating total transparency and traceability. Blockchain can help eliminate uncomfortable trading in the marketplace.
Although distributed register technology is often used in the financial and banking sectors, the report indicates that it is used in the energy sector.
Sheila Warren, head of the blockchain and registrar technology office at the World Economic Forum, says the technology has already demonstrated its potential to change existing business models and government models. She said:
"Despite all the excitement, there are many hurdles to overcome, and this technology is still in the development stage, so it's time for stakeholders to work together on blockchain solutions that will benefit the public and the entire planet."
