Emissions

As the main reason for drastic climate deviations taking place recently is considered to be carbon emissions, and conventional methods of its regulation obviously do not work well, countries are forced to seek innovative alternatives. Among other technologies, special attention has been paid to blockchain.

Ford Motor Company, an American multinational automaker, is planning to extend its plug-in hybrid electric vehicle (PHEV) test in different zones including Cologne, Italy and other parts of Europe. It will further explore how groundbreaking and advanced geofencing, distributed ledger tech (DLT) and blockchain could be of help in making accurate tracing and upturning the total amount of “green miles” compelled by automobiles.

The small enclave nation bordered by Italy, iRepublic of San Marino, has signed a Memorandum of Understanding (MoU) with VeChain Foundation Ltd and DNV GL, to adopt blockchain so they can define blockchain systems that have the potential to boost adoption of upright behavior by residents and set favorable conditions which will attract fresh projects to the country, hence embracing the digital revolution and evolution of the whole economic structure. The country is trying to consolidate its strategy of developing, promoting and implementing the technological novelty ecosystem using groundbreaking blockchain tech.

In the effort to achieve zero tolerance to carbon dioxide emissions using blockchain and other groundbreaking technologies in Italy, the international certification authority DNV GL partnered with VeChain, a giant technology service provider, to establish a platform with the potential to apply the technology and reduce the bi-oxygen demand (BOD) and other carbon emissions.

Crypto and rare metallic chemical elements of high economic value, such as gold and platinum share some significant similarities and eleutheromaniacs love them very much. They are both mined, consume too much energy under complex conditions and their valences are social produces.

A study reveals that implementing Bitcoin (BTC) at the same rates at which other major technologies have been incorporated could itself create enough emissions to increase world temperatures by 2°C by 2033.

A topic that seems to dominate the Bitcoin media are the vast amounts of energy consumed and the corresponding high carbon emissions.