BananaCoin is a blockchain-based national asset token specifically geared towards increasing capital for the banana industry in China and Vietnam, rising stars of the global banana industry. Founded by a team of largely Russian entrepreneurs and agronomists as well as agricultural exports from Thailand and China in 2017, the team sees BananaCoin as a stable market investment opportunity due to the consistent demand for bananas worldwide and the necessity for banana production to expand because of that growing demand. Bananacoin has just started selling banana coins, selling almost 700,000 credits so far. In purchasing these credits, backers can invest in the expansion of a particular banana farm or production plant and get BananaCoin token (BCO) as proof of investment, which can be exchanged after the project gets off the grounds for either a sizable amount of Lady Finger bananas or the market value of a kilogram of bananas. With BananaCoin however, what investors are ultimately driving is mass banana plantation growth, which contributes to global deforestation and the loss of native biodiversity, similar to, though not necessarily on the same scale, as palm oil production, which has been damning for native forests throughout Southeast Asia. BananCcoin does not address this critique, though in an age of heightened awareness in sustainable investment, contributing to deforestation could certainly be a drawback for investors and the wider public.
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Blockchain, Regulation
Air Pollution Robot
The dangers of air pollution to human health are well documented, though the traditional methodology of collecting and reporting on sample lags behind the need to keep abreast and regulate air pollution in a meaningful amount of time. The use of drones and robots have been identified by researchers as resources that can be tweaked […]
Artificial Life, Biodiversity, Climate Change, Ecological Monitoring, Industry/Natural Commodities, Lifestyle, Monitoring
Telematic Rivers
Erica Kermani’s artwork seeks to answer a central question: if rivers were seeing an equal, living entity, would humans take issues like climate change threatening them more seriously? In his year-long art exhibition in 2017, Kermani, in collaboration with Diana Salcedo & Jeana Chesnik, created a new forum of interaction between humans and rivers to […]
Climate Change, Ecological Monitoring, Lifestyle, Monitoring, Pollution, Visual Technologies
Co-occupied Boundaries
Art is easily found in nature but rarely is what considered art today inherently natural. The concept of co-occupied mediums that serve to be both functional for nature and aesthetically pleasing to people is being actively explored by Asya Ilgun and Phil Ayres, from the CITAstudio at The Royal Danish Academy of Fine Arts. In […]
Climate Change, Ecological Monitoring, Lifestyle, Monitoring, Pollution, Visual Technologies