Blockchain Technology

[c_20]

How is Blockchain Technology is going to revolutionize the environment?

[v_15]

Environmental Treaties

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-pedaling on their environmental promises or be 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 illegally.


As I was environmental related stuff on the I came to know about an ICO on Latest Bitcoin News and ICO Press Release https://coindelite.com/ico-press-release/. The ICO Project is called Save Environment Token (SET). https://www.set4earth.com/

SET (Save Environment Token) is an upcoming cryptocurrency dedicated to saving the environment by reducing the overall carbon footprint. Something that I liked about this platform is that it’s not focused on profits, but is a way to protect and give back to the community.

The coins are called SET. These coins are acquired by purchasing or renting Wardwizard’s eco-friendly product, the parent company of SET. What I liked about their business model is that they are offering third-party manufacturer integration as well. Users who purchase these products through the SET token receive additional discounts.

Set4Earth Botcointalk thread:

https://bitcointalk.org/index.php?topic=4361604.0

[SanJ_02]

SET plans to achieve this by issuing a cryptocurrency token. This token is called Save Environment Token (SET) and offers a multitude of benefits to its users.

The technological advances that they have achieved in the past century have completely transformed the way they work, travel and play. The industrial revolution gave mass-produced products such as gasoline and diesel-powered vehicles that have revolutionized the way we commute.

Though this has resulted in taking our species forward, it has also led to the accumulation of industrial waste, environmental pollution, and other toxic substances on our planet. There is an urgent need for solutions that will help us remedy these problems is an effective manner.

For more information about Save environment Token (SET), please visit their

Official website: https://www.set4earth.com/

Facebook: https://www.facebook.com/set4earth/

Twitter: https://twitter.com/settoken

Instagram: https://www.instagram.com/settoken/

LinkedIn: https://www.linkedin.com/company/save-environment-token/

Telegram: https://t.me/joinchat/FQwRZhG36PTH5plA6sxSHA

[beskid]

Gulam Shapron is a scientist who says that the main threats to the deterioration of the ecological situation on the planet are: uncontrolled use of natural resources, complete lack of coordination in the interaction between suppliers and customers, and the lack of a transparent accounting system.  He believes that to significantly reduce the negative impact on the environment, it is possible due to the introduction of a blockchain for strict tracking of the extraction and use of raw materials from the bowels of the planet and natural resources. Each side can easily trace the whole way of extracting, transporting the goods and further recycling the processed  material.  Fraudulent activities with this method are excluded, since all transactions are transparent and controlled.  A clear and transparent record is maintained.  The most important thing is that this allows you to exclude the excessive extraction of natural resources, since the order would only come to the amount of resources that is needed.  In general, such a distributed system allows solving a number of problems, but the scientist focuses on the ecology.

[Surrapatt]

for an environment that has received blockchain technology will be easy to revolutionize, one way is to open up some opportunities for those who have expertise in the world of blockchain, and by itself blockchain technology will develop slowly.

[bitcoinhero777]

blockchain technology main policy is making the transaction easy for the crypto investors, if one wants to exchange coin then they need the help of block chain to connect with network. it has achieve it's position in the market with in a very short time and it is also improving their technology

[YCryptos]

Ways to change the world through BlockChain technology multiply. On BlockChain technology they want to realize smart money, thanks to which the corruption and poverty of many citizens in each country will disappear.

[SparklesCoin]

Blockchain technology is basically a decentralized network to connect the globe in a single platform which is completely secured with different smart contracts. Although I didn't understand which environmental revolution you pointed for, here my point is for the economic environment which will really feel the revolution made of blockchain technology in no time.

[cryptoking252]

The implementation of the actual environmental agreement is difficult to determine but the Blockchain tries to make it absolutely sure. Although many people try to make false information about this, the Blockchain is working on the right place of their faith.

[EnergiToken]

Here is how we at Energi Mine plan to do this.

As the world is grappling with the problem of ever-growing energy demands, governments are struggling to find solutions to the problem of increasing carbon footprints and out-of-control pollution. Yet rather than experimenting with new innovative solutions, it appears that governments around the world have been content to opt for more punitive measures.

Punishment versus reward

When confronted with this issue, the usual approach is to punish consumers and to discourage waste through taxation and levies, or to regulate systems through a central controlling agency that enforces rules in an attempt — often futile — to reduce waste. While this approach may, when effective, successfully dissuade wasteful behaviour to some extent, it does not encourage positive behaviour.

EnergiToken (ETK) seeks to change this.

By rewarding energy consumers who conserve energy through their choices, Energi Token takes advantage of the profit-motive to change behaviour in a positive way. Instead of controlling energy consumption and punishing wasteful behaviour, Energi Token creates a free market, decentralised method of altering behaviour through economic incentives.

How exactly would this work?

Decentralising energy trading

EnergiTokens will be issued to consumers and businesses as a reward for reducing energy consumption; tokens which will have monetary value and be tradeable on the free market and between other energy consumers. Additionally, consumers who generate energy will be able to sell their surplus energy (in the form of ETK) directly to other consumers who would then purchase energy via EnergiTokens, rather than purchasing through a third-party energy provider. Thus in effect, this peer-to-peer framework will decentralise the trading of energy and incentivises both conservation and renewable energy production at the consumer level.

What’s more, because the token has financial value and can be sold on the free market or exchange, it creates a ‘profit’ motivation for consumers to conserve energy. So rather than punishing consumers or attempting to teach “good behaviour”, people are naturally enticed to save energy due to the financial reward. It’s a wholly different and unique approach to the problem of excessive energy consumption.

Disrupting the global energy market

EnergiToken will disrupt the global energy market. The current model is complacent due to a lack of competition and monolithic energy corporations which seek to maximize profit. They are intrinsically motivated to sell as much energy as possible, rather than conserve it. EnergiToken will alternatively harness the profit-motive to change wasteful behaviour, resulting in less pollution. Instead of an expensive bureaucratic system enforcing punitive taxes and levies, the free market and decentralised trade will transform the world’s energy markets.

It may sound cliché, but this really is JUST the beginning for EnergiToken.

Not only will the token be rewarded for wise power consumption and renewable energy production in homes and businesses, it will be used to reward all kinds of energy-efficient behaviour. Urban agencies can reward low-carbon transport commuters with ETK to reduce automotive congestion and pollution. Consumers could also be rewarded with ETK simply by purchasing energy-efficient appliances. The possibilities are simply endless!

So come and join the EnergiToken movement where you can help change how the world consumes and conserves power whilst being rewarded for your efforts.

Rafael Dunn
Community Manager
Energi Mine

Website - https://energitoken.com/
Telegram - http://t.me/energitoken
Twitter - https://twitter.com/EnergiMine]
Medium - https://medium.com/energitokennews
Reddit -   https://www.reddit.com/r/EnergiToken/
Instagram - https://www.instagram.com/energi.token/?hl=en
ANN - https://bitcointalk.org/index.php?topic=4629116.0

[Julianito]

Can someone make very simple meaning blockchain technology. Through examples and analogy would be better. Thanks

[cryptoking963]

Blockchain Technology is going to revolutionize the environment through supply chain management, recycling, energy, environment treaties, carbon tax, non profit, changing incentive etc. Blockchain technology could help restructure economic incentives for taking environmental action.

[bitfocus741]

Blockchain technology is now one of the unique technology. I think by sharing thoughts in all over the world and solve the problems blockchain will going to revolutionize the environment.

[Btcnaivie]

How is Blockchain Technology is going to revolutionize the environment?

Blockchain is the way of the future. it’s not only going to simplify our lives when it comes to banking and connecting our devices and money to the cloud it’s going to make the world better, and totally reinvent it as we know it.
Blockchain is one of the most innovative technologies around in the tech world and has the potential to revolutionize numerous industries and shape our future, whether it be healthcare, defense, government, law or energy. With such wide-ranging applications, I think cryptocurrencies will eventually obsolete all other forms of money as it frees society from its current condition of economic enslavement.

[Beabtc11]

How is Blockchain Technology is going to revolutionize the environment?

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 illegally.

[ulum5]

Blockchain is like a "giant Google Doc". "With one different key. you can see it, and add it (note financial transactions), but can not change the information already stored there. Blockchain does that with a mathematical calculation called cryptography. What makes the recording unchangeable and altered by others,

[vit0z]

Blockchain technology itself is a new stage of freedom for all mankind. Something similar we saw when the Internet was born.

[Noelnada]

Blockchain is like a "giant Google Doc". "With one different key. you can see it, and add it (note financial transactions), but can not change the information already stored there. Blockchain does that with a mathematical calculation called cryptography. What makes the recording unchangeable and altered by others,

Yeah basically blockchain is simply a secured shared ledgerd, it could be used as a tool to help protect the environment but in order to do so a political will and strategies would be necessary. I am highly skeptical about the tokens like the one promoted by the OP, I don't think they will work. But as another poster has pointed out, planning and tracking the use of natural resources could maybe made much easier thanks to blockchain.

[bitcoinhero777]

It is not very difficult to find out the real impact of decentralization on the environment. I think you can easily know its impact by knowing more about Save Environment Token (SET) and others related sources.

[Holucoin10]

How is Blockchain Technology is going to revolutionize the environment?

Environmental problems emerge because we lack trust, and the blockchain—by which I mean the technology underlying all blockchains—is a protocol to build an immutable ledger, a database of transactions. You could say it’s a kind of decentralized supercomputer that creates trust.

To take an example, if you buy a fish at the supermarket, the supply chain is very long. The supermarket might not even know where it came from. And so there are multiple opportunities for environmentally unsustainable goods to enter the supply chain. A blockchain-based supply chain would mean that when you buy a fish, you scan a QR code [like a bar code] with your smartphone, and you see every step. And you know that it cannot be falsified.