By Nikita Blows January 25, 2018
We’re all aware of the versatility and usability of blockchain technology, and not just in the virtual currency industry. It can be used in nearly any industry relying on recording transactions and data, including the UN.
The UN will soon be taking advantage of the power of blockchain in the fight against climate change. According to the EconoTimes, the group’s Climate Change secretariat has launched the Climate Chain Coalition (CCC), whose main aim will be to research how the technology can help in the fight against this global problem.
The coalition currently has 32 members but will welcome more participants. It comprises of 25 organizations involved in researching and implementing distributed ledger technology (DLT).
Massamba Thioye, who is leading the secretariat’s blockchain efforts, had this to say:
The UN Climate Change secretariat recognizes the potential of blockchain technology to contribute to enhanced climate action and sustainability.