The United Nations sees blockchain technology as a tool to deal with the climate crisis

On Bitcoin (Bitcoin) Carbon FootprintAccording to the United Nations, the basic technology of cryptocurrency has great potential to solve global problems such as climate change.

According to an article, the United Nations will continue to explore the use of blockchain technology as a way to respond to the climate crisis and help achieve a more sustainable global economy Publish On the official UN website on Sunday.

UN experts believe that “cryptocurrency and the technologies that power it can play an important role in sustainable development and actually improve our environmental management.” Specifically, the article pointed out many environments related to blockchain And sustainability benefits, including its ability to increase transparency and resist fraud, climate finance, and clean energy markets.

The article cited the partnership between the United Nations Environment Programme and the Technical University of Denmark, pointing out that the data on harmful greenhouse gas emissions in many countries are unreliable and incomplete. By providing an immutable record of carbon data, blockchain solutions can provide a transparent way for countries to take action to reduce their impact on the climate.

By providing tools to create a clean energy market, blockchain can also become an important part of promoting renewable energy such as wind and solar energy. The article pointed out: “Because these sources are intermittent and scattered in nature, a new form of energy market is needed.”

The United Nations emphasized that cryptocurrency is still in its infancy, and there are still many technical and political challenges to overcome, including environmental issues and volatility:

“If the most vulnerable groups are to benefit from the prospects of blockchain technology, and to truly have a positive impact on the climate crisis, more technical research and more international dialogue are needed to allow experts, scientists, and policy makers Get involved.”

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Minang Acharya is one of the authors of the UNEP blockchain application brief. He urged the United Nations to continue experimenting with blockchain to learn more about its environmentally friendly impact. “This may improve our understanding of blockchain within the United Nations, our understanding of the environmental and social impact of mining operations, and increase our chances of dealing with any problems that the technology may bring in the future,” Acharya said.