Algorand pledges carbon-negative blockchain

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Algorand and ClimateTrade are working on a sustainability oracle that would drive down carbon emissions.
Smart contract platform Algorand plans to achieve a carbon-negative network by implementing a “sustainability oracle” in partnership with ClimateTrade, in a move that could make blockchain adoption more environmentally friendly. The partnership, which was announced Thursday, enables Algorand to notarize its on-chain carbon footprint and then lock the equivalent amount of carbon credits into a so-called green treasury. Silvio Micali, Algorand’s founder, said his company is focusing on sustainability at a time of growing adoption for the smart-contract protocol. “As this period of hyper growth continues, we find it crucial to operate at a carbon-negative level. Indeed sustainable growth is way better than growth,” he said, adding:“We understand that the mechanics of measuring the environmental impact of a glo

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Źródło: https://cointelegraph.com/news/algorand-pledges-carbon-negative-blockchain

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