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Cryptopolitan 2021-09-18 03:00:00

How Blockchain Can Clean Our Oceans and Save the Forests

The concept of blockchain was born out of a desire to create something that was decentralized, transparent, immutable, and completely secure. These characteristics are similar to what people look for when they hear the term “social good.”  Therefore, it is no surprise that many organizations are now looking at how they can use this technology to improve themselves while also helping others at the same time. Cleaning The Oceans The ocean is a source of life and a sink for the world’s waste, yet its health has taken a turn for the worse. Overfishing and pollution have decimated marine biodiversity, while climate change threatens to increase the severity of storms, disease, and other impacts. At present rates of progress, an alarming percentage of marine species are at risk of going extinct. Indeed, marine species may go extinct twice as fast as land species, due to the narrow range of temperatures that they can inhabit The situation is so dire that it has even become an issue in U.S. politics: Since Biden’s inauguration and subsequent executive orders, federal agencies have to curb their overallocation of fossil fuels in favor of renewables and energy efficiency—including reducing America’s dependence on oil by promoting domestic energy production such as wind and solar power.  The move was widely lauded by environmental groups but met with fierce resistance from U.S oil companies and some who claimed it would h...

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