Can you imagine a world where climate change is combatted digitally? Well, CarbonX is using blockchain technology to do just that. CarbonX blockchain networks provide companies with two platforms that they can easily offset their carbon emissions and create demand for their carbon-neutral products and services: Zerofootprint and GOODcoins. Zerofootprint is recognized by the Obama White House, the Clinton Foundation, and the government of Ontario, and uses their patented carbon analysis to measure for excess emissions on a company’s operation, product line, service, or brand. After carbon targets have been set, any excess emittance will be balanced with carbon offset ZFP (Zerofootprint) tokens in real-time through the private CarbonX blockchain. This enables transparency of the origin of these offsets to be independently validated by a stakeholder as proof of carbon neutrality status, while simultaneously keeping all transactions secure. Through GOODcoins, companies that are certified by Zerofootprint can offer ZFP tokens as rewards to their customers for making carbon-friendly purchasing decisions and generate more demand for the products or services. When these ZFP tokens are redeemed by stakeholders, they then further offset the company’s excess emissions, creating a win-win-win scenario for the company, consumer and the environment, all performed through a blockchain. As of 2020, general knowledge of blockchains and how they operate is not widespread, so GOODcoins may not be revolutionary, but as the world becomes digitized CarbonX could become a large incentive for companies and consumers alike to operate carbon-free.
CarbonX. (2018). Retrieved from https://www.carbonx.ca/
Zerofootprint. (2018). CarbonX. Retrieved from https://www.carbonx.ca/#zerofootprint
GOODcoins. (2018). CarbonX. Retrieved from https://www.carbonx.ca/#goodcoins
Categories
Blockchain, Climate Change, 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