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How blockchain technology is helping to reduce our carbon footprint

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carbon footprint
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The global focus on climate change has shifted dramatically over the last two decades. The industrial growth of corporations and technological advancements in transportation has caused the world’s consumption of fossil fuels to expand exponentially. The burning of fossil fuels releases Carbon Dioxide (CO2) into the atmosphere, which causes adverse effects on the global ecosystem. The graph below shows CO2 levels during the last three glacial cycles, taken from ice cores. It shows global distribution and variation of the carbon dioxide present in parts per million (ppm). This graph is a poignant reminder of how far we are pushing the limits of the world we live in. Today, we are currently at a level of 408 ppm. Which is 36% higher than the highest levels recorded, over the last 400,000 years.

 

The overall consensus revolving around the topic is a nonchalant perception. Until an issue begins to directly affect an individual then most people are happy to take a backseat ride. To put on their blinkers, bury their head in the sand and generally hope that the problem will resolve itself. The Earth is protected by a thin Ozone layer which allows it to be unique and sustain life. We often take the basic gifts in life for granted and our planet is definitely one of them. Because of the actions we do or don’t take in this present, we can dramatically affect the lives of our families for generations.

An ambitious new project is taking major steps to reduce our global footprint.

A Zero Carbon Marketplace which endeavors to reduce our carbon footprint whilst beating renewable energy and fossil fuels on price

 

Since the inclusion of renewable energy, many people have made a consorted effort to convert to use it but the transition is expensive. Making it impossible for the global adoption of renewable energy, at least for another decade.

The Zero Carbon Project is an energy marketplace which utilizes blockchain technology and international carbon credits to tackle climate change. A carbon credit is essentially a tradable certificate which provides strict regulation over how much CO2 can be released into the atmosphere. The international carbon credits are used to offset carbon emissions and provide consumers access to cheaper energy contracts. This encourages a diverse range of suppliers to enter the market with their best zero carbon energy prices, tailored specifically to the consumer’s metrics.

The Zero Carbon Project is a climate change initiative created by the Beond Group, an award-winning energy consultancy which has been in operation for 15 years in London. Their team is made of 30 energy market professionals who are passionate about tackling global climate change, through the application of new technologies. Beond services over 600 energy consumers in the UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business, and consultancy services.

The Zero Carbon Project has scheduled a token sale for the NRG token

When – 

Private pre-sale – Begins May 1st and will run up until a week prior to the commencement of the public pre-sale or until 28,000,000 NRG tokens are sold.

Public pre-sale – Dates to be announced

Public main saleDates to be announced

Token – NRG
Price – $0.20
Supply –

A total supply of 121,330,000 tokens will be created, with a maximum number of 28,000,000 tokens to be sold in the private pre-sale, 33,330,000 in the public pre-sale and 60,000,000 in the public main sale.

Platform – Ethereum
Accepting – ETH
Hardcap – $20 million USD
Useful Links –

A link to the Zero Carbon Project whitepaper

Where to participate in the Zero Carbon Project ICO

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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