Reduce your carbon footprint with blockchain! The potential of blockchain to have a positive impact on the environment is real. On the one hand, the technology could significantly reduce paper consumption. The need to record data on paper is completely eliminated. On the other hand, many companies use this technology to work on an effective vision. They combine the blockchain process with an incentive to change the world around us. They use technological power that is beneficial to the environment instead of just focusing on the money.
The Poseidon Foundation is an example of a company that now has a dynamic influence on it. It combats climate change by incorporating so-called carbon credits. The higher cost helps deter customers from buying products with higher environmental costs. Blockchain was critical at this point in giving the Poseidon Foundation the public and convertible records that made implementation easier.
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