When most people hear the word blockchain, they tend to think of its most popular use: cryptocurrency. However, the capabilities of this technology are far from limited to crypto. So, with the rising importance of preserving the environment in recent years, there is an important question to ask of blockchain: is it the key to a sustainable future?
Tackling deforestation
The effects of deforestation on the environment are devastating. According to the World Wildlife Fund (WWF), up to 15 billion trees are being cut down every year globally, whilst forest loss and damage is the cause of around 10% of global warming. Deforestation also results in the removal of natural habitats for a wealth of the planet’s wildlife. Therefore, the need to address it – and quick – is imperative.
However, according to Dominic von Trotha Taylor, the CEO of iov42, a blockchain-inspired platform that helps businesses digitally codify their processes whilst ensuring for regulatory compliance and security, one...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...