The United Nations is pushing for the application of blockchain technology on January 24 and has announced that it will set up a new organization called the Climate Chain Alliance to apply Distributed ledger technology (DLT) Climate-related project use case studies, and once the time is right, deployment-related technologies will be implemented.
In fact, starting in May last year, the United Nations has been studying how to use blockchain technology to build transparent and efficient systems to address such issues as monitoring carbon emissions, clean energy transactions and the distribution of funds.
It is reported that in December last year, the "Climate Chain Alliance" was established at a meeting attended by 25 distributed ledger technology organizations. At this stage, the group has reached a consensus that it will formulate initiatives based on the principles of the Paris Climate Agreement.
According to the "Climate Chain Alliance," announced the announcement:
"The Climate Chain Alliance will promote the use of distributed ledger technology solutions to address climate change issues by enhancing collaborative action in the climate community, including but not limited to the effects of various measures of measuring, reporting and verifying various interventions."
Currently, there are already 32 members of the Climate Chain Alliance, but they are still looking for other organizations with the technical expertise to join.
MASSAMBA THIOYE, the head of distributed ledger and blockchain technology at the UN Climate Change Research Center, said:
"If we want to make full use of the potential of the blockchain technology in time, we will need a wide range of cooperation among all stakeholders to devote resources to key areas so as to avoid duplication of effort." Meanwhile, with a new technology and numerous uncertainties, Also avoid the pitfalls that may arise. "
Although still in its infancy, the Climate Chain Coalition has begun attempts to accelerate the implementation of initiatives using blockchain technology. Earlier, the United Nations completed an Ethereum blockchain pilot project to provide humanitarian assistance to Syrian refugees.