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Sunday, May 18, 2025

Meet the world's first carbon-negative blockchain - wknd.

With the ability to transfer value peer to peer securely, transparently, and near-instantly without intermediaries, blockchain is arguably the most transformative technology of our time. Yet, with many popular chains like Bitcoin and Ethereum still relying on the energy-intensive proof of work (PoW) algorithm, the progress to economic freedom comes at a cost to our environment. Algorand, the world's first carbon-negative blockchain, presents a scalable and sustainable alternative that has already garnered a wide community and been adopted by leading organisations around the world including being selected as the official blockchain platform of FIFA.
What is Algorand?
Pledging to be the greenest and most efficient blockchain, Algorand provides institutional-grade infrastructure that's capable of hosting a wide array of decentralised applications (dApps) and digital assets. In an era of growing global concern over the climate crisis, Algorand provides solutions that are both powerful...



Read Full Story: https://www.khaleejtimes.com/kt-network/meet-the-worlds-first-carbon-negative...

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