The United Nations set up a blockchain coalition in response to climate change

nBankruptcy comment: The United Nations is making greater efforts to promote the application of blockchain technology to further improve climate change. A few days ago, the United Nations announced that it had established the Climate Chain Alliance to study the use cases of distributed ledger technology (DLT) in climate change and will apply it in the future. At present, the coalition has signed the agreement of 32 member states and has started to look for organizations that know more about this technology in a wider area.n
nTranslation: Clovern
The United Nations is stepping up efforts to promote the application of blockchain technology to further improve climate change.n
In a January 22 blog, the United Nations announced the formation of a new “Climate Chain Alliance” organization with the goal of studying the use of Distributed ledger technology (DLT) in climate change and may then pursue those steps.n
CoinDesk has previously reported that the United Nations has been investigating how to create a transparent and efficient system through blockchain technology since May last year and has applied it to carbon emissions monitoring, clean energy trading and fund allocation.n
The article mentions that the alliance was proposed at a conference organized by 25 DLT professional organizations in December last year when the participants unanimously agreed to launch the initiative in accordance with the Paris climate agreement.n
UN bulletin proposed:n
n”The Climate Chain Alliance will work together to rapidly develop DLT solutions to address climate change mitigation and adaptation issues by further refining climate actions including, but not limited to, the measurement and reporting of the impact of all disruptive factors And verification (MRV) and mobilize climate finance through multiple channels. “n
nNow signed by 32 member states, the coalition has begun to join organizations looking for a better understanding of technology.n
Massamba Thioye, head of the United Nations DLT and blockchain technology initiatives on climate change, said:n
n”To fully mobilize this potential in a timely manner requires broad cooperation among all stakeholders to direct resources to key areas and to avoid duplication of work and to avoid bottlenecks in work due to the unknown of new technologies.”n
nAlthough the alliance is still in its infancy, it has added non-profit initiatives that leverage blockchain technology to drive growth in all industries. Earlier, the United Nations completed a test to send humanitarian aid to Syrian refugees via the Ethereum blockchain.n

Leave a Reply

Your email address will not be published. Required fields are marked *