United Nations Eyes Blockchain to Fight Against Climate Change

The United Nations is eyeing blockchain as part of its fight against climate change.

During a recent UN meeting in Germany, an official with the UN Framework Convention on Climate Change (UNFCCC) discussed how the tech could provide benefits as the world moves to adopt the Paris Climate Change Agreement, an accord struck last year aimed at reducing global carbon emissions.

A recent blog post detailing discussions at the UN meeting in May remarks that the organization could use the tech to create a transparent and efficient system that can monitor, for example, carbon emissions and clean energy trading, fund allocation. Blockchain could also be leveraged to ensure the accuracy of carbon emission reduction data.

Read more here: http://www.coindesk.com/un-sees-possible-role-blockchain-advancing-paris-climate-accord/