Climate change is a phenomenon that worries all experts and scientists who study this aspect since it is affecting the planet in a very notorious way, affecting the lives of human beings, depleting the possibilities of life and well-being for all living beings.
What is COP27?
COP 27 is the conference on climate change that will take place in Egypt from November 7 to 18, 2022.
Organizations in charge of ensuring the preservation of the environment are adopting the implementation of technological advances, such as blockchain technology in this case.
This technology is based on a mutual distributed network, which provides high-level trust between users and better protection of stored data.
The UN Climate Change secretariat, to promote the study and possible use of this technology in support of climate action, promulgated and initiated the creation of the Climate Chain Coalition and developed the drafting of its letter of principles. and values.
The CCC’s (Climate Chain) goal is to foster collaboration among members working on issues of common concern and to help improve the environmental integrity and benefits of DLT climate applications.
CCC members set shared principles and values to promote and guide capacity development, networking, research, governance, demonstrations, and pilot projects.
Points in favor of the environment for the use of blockchain
Some outstanding aspects pursued by the implementation of this technology in favor of the environment are:
• Promote the monitoring, reporting, and verification of the impacts of climate action
• Improve the transparency, traceability, and cost-effectiveness of climate action
• Build trust among climate actors
• Develop mechanisms that develop and enact climate action in a way that is accessible to the poorest.
• Suggest and encourage the mobilization of green finance
The implementation of these technologies for the benefit of the environment shows many cares about the planet’s balance.
A position that should be assumed by everyone in general without putting our personal and particular interests before them.
Thus we would all have the advantage and possibility of growing together in a world where there are infinite possibilities.
The use of blockchain technology makes it possible to reduce the volume of data in network traffic, which favors processes to be faster and more precise, avoiding excessive consumption of electricity, which favors the conservation of the environment.
Already in repeated summits, this technology has been suggested as a fundamental basis for the operation with cryptocurrencies, a topic widely addressed in these conferences because each day, the risk of an excessive increase in global warming due to the emission of heat from large servers and the disproportionate number increases computers operating worldwide trading crypto.
Cryptography-based technologies are applicable not only in the cryptocurrency industry but in any entity that handles large amounts and exaggerated volumes of data and wants to process it quickly and efficiently.
The United Nations is an organization that pursues many benefits for humanity in general, always opting for excellence in strategies, tools, applications, and more that it can obtain from the technological environment to apply them in its projects and policies to strengthen and protect the environment.
Where are present cryptocurrencies?
Cryptocurrencies are present in areas where you want to earn and not only monetarily; some gains are represented in other aspects such as personal well-being, ecological balance, world peace, and many more.
Creating all these plans and strategies to favor everyone in general, both green users and crypto users, will allow the development of new sustainable economic models worldwide, making room for the new economic revolution that is already unstoppable due to more trials and disadvantages than attributes.
Cryptocurrencies are and will continue to be the most valued option worldwide for futuristic investments. Only some aspects should be improved in secondary effects that some activities and operations related to their trading leave behind.
Conclusion
The future is in the hands of experts and specialists in the environment, technology, and economy who fight every day to achieve resounding goals.
If it is possible to reduce energy consumption and create more green and friendly economies with BITCOIN and factors you need to know about Bitcoin, in addition to allowing the maximum use of resources.
Then we will be talking about the gold mine that cryptocurrencies represent, but that even due to lack of trust and certification has not been allowed to be exploited in a comprehensive way.
