Algorand will automatically offset carbon emissions with smart contracts

Algorand has officially implemented the first smart contract that will automate the offsetting of carbon emissions.

The post Algorand will automatically offset carbon emissions with smart contracts appeared first on CryptoSlate.

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IPCC Concerns Energy-Intensive Crypto Mining as Risk of Climate Change

The latest report of the Intergovernmental Panel on Climate Change (IPCC) from the United Nations concerns the carbon footprint and its energy consumption produced by crypto mining. (Read More)

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Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030

New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global electricity consumption over the next decade.

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C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking

On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC Preview’ — Bank Customer [...]

The post C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking appeared first on Crypto Breaking News.

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NoTraffic Utilizes NVIDIA AI to Mitigate Road Delays and Carbon Emissions

NoTraffic's AI Mobility platform, powered by NVIDIA, enhances traffic flow and safety while reducing carbon emissions. Its deployment in cities like Tucson and Vancouver shows significant efficiency improvements. (Read More)

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