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Author Topic: Can blockchain improve our environment?  (Read 244 times)
yodomaster (OP)
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June 12, 2018, 03:03:20 AM
 #1

Our environment are getting worse everyday, by air pollution, water pollution, global warming, not enough of disposal landfill, more endanger species. Blockchain improved many of our life, can it also help with these problem?
hurry_hore
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June 12, 2018, 05:33:11 AM
 #2

There are many ICO project which is using blockchain technology to help environment as impact directly or indirectly. So your question for the ability of blockchain to improve the environment is yes.

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hash-pool.eu
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June 12, 2018, 08:38:10 AM
 #3

Yes.

There are already many good articles and projects that aim to cover this topic. Just a short google search and you will find some interesting articles.
https://futurethinkers.org/blockchain-environment-climate-change/

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June 12, 2018, 12:02:58 PM
 #4

Our environment are getting worse everyday, by air pollution, water pollution, global warming, not enough of disposal landfill, more endanger species. Blockchain improved many of our life, can it also help with these problem?

The blockchain (bitcoin) has actually harmed the environment by using mass amounts of energy.  :/

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June 12, 2018, 12:39:08 PM
 #5

Our environment are getting worse everyday, by air pollution, water pollution, global warming, not enough of disposal landfill, more endanger species. Blockchain improved many of our life, can it also help with these problem?

The blockchain (bitcoin) has actually harmed the environment by using mass amounts of energy.  :/

True, but how much energy are the competitors using to power their buildings and all those office with the air-conditioning running 24/7 and also the ATM's and the data warehouses and the lights and elevators and CCTV and the energy burnt in fossil fuels to transport money from one location to the next? <Armored Cars>

We have not even went into the energy used in the extraction of the raw minerals to produce the coins and the paper money.  Roll Eyes

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June 12, 2018, 12:46:05 PM
 #6

The blockchain is a platform or a technology which helps to make a decentralised transactions between the parties. It is owned by no one, with a copy of it being stored on many personal computers around the world. Anyone can use it and help run the network. This often removes the need for middlemen and allows users to interact in a peer to peer way. It can also reduce transaction costs and increase efficiency. Because it is distributed, this kind of network is difficult to take down or corrupt.

1. Supply Chain Management
Most people want to buy products that are ethically made, but that kind of information is often unavailable and difficult to verify. A product goes through many hands before it reaches the store. It’s very easy for companies to lie about how their products are made, what materials and chemicals they use, where they dump their garbage, or how fairly they treat their employees.

2. Recycling 
With the current recycling programs, people often don’t have good incentives to participate. The responsibility for running recycling programs often falls on each separate city, which results in many places not having recycling programs at all. It’s also difficult to track and compare the impact of these programs.

3. Energy
Traditional power grids are centralized, which can create inefficiencies in energy distribution, like having unused surplus. And in parts of the world affected by natural disasters or poverty, power outages can leave people without access to electricity.

4. Environmental Treaties
In can be difficult to track the real impact of environmental treaties, and sometimes there isn’t an incentive for governments or corporations to keep their promises. Fraud and manipulation of data are also problems in this area.
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June 12, 2018, 01:07:48 PM
 #7

Dont forget there is Peercoin with Proof of Stake not using massive amounts of energy to secure the network
https://peercoin.site/#energy

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PPC = 0.0098 TWh   
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Fuzzybear

Our environment are getting worse everyday, by air pollution, water pollution, global warming, not enough of disposal landfill, more endanger species. Blockchain improved many of our life, can it also help with these problem?

The blockchain (bitcoin) has actually harmed the environment by using mass amounts of energy.  :/


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ksheni56
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June 12, 2018, 02:44:40 PM
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Yes.

https://www.linkedin.com/pulse/corporate-adoption-blockchain-boost-cryptocurrency-industry-drake/?published=t
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June 12, 2018, 04:05:40 PM
 #9

Our environment are getting worse everyday, by air pollution, water pollution, global warming, not enough of disposal landfill, more endanger species. Blockchain improved many of our life, can it also help with these problem?
Blockchain in my opinion small possibility can overcome the environmental problems around us. But the implementation of the blockchain system has been embraced by the health and economic aspects. For example, nowadays Banks in a country have collaborated with Blockchain for transparency to its users
aywing
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June 13, 2018, 04:11:55 AM
 #10

Yes definitely, you may have a look of a passage introducing 11 startups to improve our environment

https://www.etondigital.com/blockchain-startups-transform-environment/
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June 13, 2018, 04:50:00 AM
 #11

There are lot of benefits and advantages of blockchain and crypto currencies as well to improve our environment, by peer to peer transaction and increasing the efficiency as part of advantages of blockchain that will improve our environment. Let say a project that optimize container shipping globally, it has potentially reduce CO2 emission by around 4 million tons yearly and NOx more than 400 thousands tons yearly. This advantage to environment just impacted by a blockchain project, yet to involve others as shared in the website link above my reply with 11 blockchain project which is improved the environment.
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June 13, 2018, 12:41:30 PM
 #12

Sure blockchain can. A nation who adupted blockchain there is a change to transform paper who build it for money. Supplay with blockchain will help so much reduce it.
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June 13, 2018, 04:10:56 PM
 #13

In case a good environmentally-oriented ICO is based on blockchain, e.g. Nagricoin, which promotes organic farming and healthy eating.
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June 14, 2018, 04:03:08 AM
 #14

Yes, like how it is recommended to have a full monitoring on any raw material / ingredients for food, this could first ensure that during the first process, the quality is already controlled and tried the minimize the waste it made because it is being monitored.
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June 14, 2018, 07:22:21 AM
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June 14, 2018, 08:29:27 AM
 #16

Blockchain might but Bitcoin won't. We really need PoS. That way we can have low power sensor for co2 water quality monitoring etc(one mine equals each a set unit of whatever your measuring) you will also need a flat mining difficulty.

That said there are some approaches for instance using carbon trading credits as money. As well as tokenising this was. So for instance rather than reducing their co2 emissions a company will pay to buy co2 allowances this could then be used to buy say sweatcoins  (since if your walking your not driving and lowering emissions) or timeshare tokens or forest tokens which would be based on the amount of forest saved. There is already some projects on ridesharing that take this approach. Single drivers pay tariffs to subsidise ridesharing arrangements. When you give someone a lift you earn rideshare tokens which you can use to buy rideshare.
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June 14, 2018, 12:13:41 PM
 #17

Blockchain technology will ease a lot of stress and make things easier in the environment. Too many upcoming projects are already delving into blockchain and are using it to solve the society and enviroment problems. There is enough yet to be offered in blockchain. Financial inclusion are already being solved using blockchain. This technology is still at infancy so more are yet to come.
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June 14, 2018, 12:26:50 PM
 #18

Blockchain might but Bitcoin won't. We really need PoS. That way we can have low power sensor for co2 water quality monitoring etc(one mine equals each a set unit of whatever your measuring) you will also need a flat mining difficulty.

That said there are some approaches for instance using carbon trading credits as money. As well as tokenising this was. So for instance rather than reducing their co2 emissions a company will pay to buy co2 allowances this could then be used to buy say sweatcoins  (since if your walking your not driving and lowering emissions) or timeshare tokens or forest tokens which would be based on the amount of forest saved. There is already some projects on ridesharing that take this approach. Single drivers pay tariffs to subsidise ridesharing arrangements. When you give someone a lift you earn rideshare tokens which you can use to buy rideshare.

I agree with the first sentence. Hopefully bitcoin will become something like gold today Smiley Many other cryptos will fail, any only few will stay probably. Bitcoin with such volatility can not be in use IMO. Regulations are needed
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June 15, 2018, 10:06:58 PM
 #19

Our environment are getting worse everyday, by air pollution, water pollution, global warming, not enough of disposal landfill, more endanger species. Blockchain improved many of our life, can it also help with these problem?

Yeah they is so many way blockchain can help so... For environmental It can be difficult to track the real impact of environmental treaties, and sometimes there isn’t an incentive for governments or corporations to keep their promises. Fraud and manipulation of data are also problems in this area.

Blockchain could discourage corporations and governments from back-pedalling on their environmental promises or misreporting their progress, because the technology would allow to transparently track important environmental data, and show whether commitments were met. Once the data is entered into the public blockchain, it stays there forever.

Legal document storage on the blockchain could cut down on fraud and manipulation, for example within the global carbon credits scheme.  Around 979 million is spent annually on administrate this system alone. If you have an immutable record of credits bought and sold, then there is little chance of corporations and governments looking the other way when carbon credits are bribed or sold illegal.
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June 15, 2018, 10:42:34 PM
 #20

The blockchain (bitcoin) has actually harmed the environment by using mass amounts of energy.  :/
But not necessary that the energy would case any harm to the environment and mainly it's reproducible.Mining processes located in isolated lands may cause noise pollution which can affect the natural habitats of that land but haven't heard of any such cases yet.

True, but how much energy are the competitors using to power their buildings and all those office with the air-conditioning running 24/7 and also the ATM's and the data warehouses and the lights and elevators and CCTV and the energy burnt in fossil fuels to transport money from one location to the next? <Armored Cars>
That is just like saying "I don't put my garbage in the bin because industrial waste dumped into the oceans is far more worse" - Let the air conditioning run for 24/7 hours.You wouldn't mount 10 more ac's to make things better.
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