ArticlesEco Friendly blockchain: how to use DLT in green way
Blockchain has great potential to improve transparency and sustainability in supply chains and natural resource management. But in order to collect the useful properties of blockchain and avoid high energy consumption, companies develop new eco-friendly solutions.
Initially, blockchain technology was the basis for cryptocurrency, and the financial sector was the first to test its capabilities. Blockchain is a decentralized database with data about transactions recorded in the blocks. A distinctive feature of the blockchain is that the data in the blocks cannot be changed, which plays a crucial role in the registration of contracts and rights.
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