In 2018 a research made by World Economic Forum (WEF) identified, there are over 65 blockchain tech and start-ups aim to address the environmental challenges that the planet is currently facing.
This year, 2019, a new blockchain Start-up will tryin to address and disrupt one of the environmental challenges, the loss of trees caused by cutting them just to make a paper. BYZBIT is the unit of value representing the production made in the Paper Mill Factory backed and empowered by Blockchain technology that has been ensured a breakthrough in finance. Therefore, to enable access to a wider market while promoting quick transfer of values across the value chain, blockchain was adopted.