Blockchain features on WEF whitepaper as a tool to fight climate change By Cointelegraph
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The World Economic Forum (WEF) has recently published a white paper that explains how blockchains are able to provide the needed infrastructure to fight against climate change “at speed and scale.”
According to the white paper, blockchain’s value to the climate action community can be split into four categories. Firstly, blockchains are able to “strengthen trust and ambition” within climate negotiations. It can also improve market transparency and credibility as well as funnel more funds to project developers. Lastly, the WEF wrote that digitization “democratizes access” to climate action.
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The World Economic Forum (WEF) has recently published a white paper that explains how blockchains are able to provide the needed infrastructure to fight against climate change “at speed and scale.”
According to the white paper, blockchain’s value to the climate action community can be split into four categories. Firstly, blockchains are able to “strengthen trust and ambition” within climate negotiations. It can also improve market transparency and credibility as well as funnel more funds to project developers. Lastly, the WEF wrote that digitization “democratizes access” to climate action.
Continue Reading on Coin Telegraph
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