Home Blockchain World Bank’s Climate Warehouse Looks at Blockchain to Solve Carbon Data Errors

World Bank’s Climate Warehouse Looks at Blockchain to Solve Carbon Data Errors

by admin


As the crypto industry reckons with issues around power usage and sustainability, a few startups are focusing their efforts on a project that runs counter to the premise of blockchain technology: centralized data. 

The World Bank’s Climate Warehouse has been fielding consultations with crypto firms about building a so-called “public-good” data layer. The layer would sit atop a blockchain and could enable countries and groups to report and audit carbon assets in a centralized manner — solving issues of trust and transparency, Gene Hoffman, president and chief operating officer of the Chia Network told Bloomberg TV on Friday. 

Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More