Article: Bitcoin’s carbon footprint could be offset by blockchain’s green applications, experts say

Blockchain, Crypto, Innovation

A worker at the Bitfarms cryptocurrency mining operation in Farnham, Quebec. The company has five sites in Canada.Bitcoin’s carbon footprint could be offset by blockchain’s green applications, experts say

Some experts believe blockchain technology (a type of digital ledger technology, or DLT) could help tackle climate change, rather than contribute to it.

To understand how and why, you need to get your head around how blockchain works.

Put (very) simply, it is a database of transactions and rules, but instead of it being held in one central location, it is replicated on a “distributed network” of member computers.

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