Bitcoin mining is often regarded a vital contributor to carbon emissions. How to make mining greener and build mutually beneficial relation with renewables?
Global warming has become a dire threat to climate in past decade. This article explores how Blockchain helps with the decarbonization goal.
The need of the hour is to empower people with seamless and green transport. They prefer to schedule a ride – renting a bike to the subway, followed by booking a train ticket, and finally hailing a ride-share to reach the destination – hassle-free with a single app running on their phones. Commuters wish to breeze through these disparate modes – a single QR code or an OTP to unlock the bike, open the train door and enable the ride-share. Commuters also like to set up their payment options once and settle the trip fares automatically across multiple transit modes. Mobility as a Service or MaaS aims to build a sustainable ecosystem that provides this very convenience.
Despite the many merits, why are countries not rushing to introduce this new form of money? Why are countries spending years on research and launching long term pilots? What are the key considerations for effectively implementing a digital currency?
Blockchain provides a solution which adds value to their existing processes and addresses some of their long-standing challenges.