, 2022-11-19 04:26:28,
Source: Akarat Phasura – Shutterstock
- Top Asian intergovernmental blockchain expert commends VeChain blockchain’s green initiatives.
- Other bullish announcements in the VeChain ecosystem have failed to show an immediate impact on the price of VET.
VeChain has continued to get recognition as one of the most eco-friendly blockchain networks due to its low energy consumption and low carbon emission.
The proof-of-authority (PoA) blockchain network was highlighted as one of the industry standards in sustainable blockchain networks by Andy Lian, a leading Asian intergovernmental blockchain expert, and serial entrepreneur and author.
“VeChain is working on #green initiatives with the government of San Marino. Its #blockchain generates 4.58 metric tons of carbon emissions, which is equivalent to the emissions generated by mining a single $BTC.” 🌱#VeChain $VET #Sustainability #SDGshttps://t.co/vEnQmTppvC pic.twitter.com/yDyiPjXyg2
— eisenreich (@eisenreich) November 18, 2022
Lian noted in a report titled “Green and sustainable crypto – Is this the way forward?” that 4.58 metric tons, the amount of carbon emission generated by the VeChain blockchain in a year, is equivalent to the emission generated by mining a single Bitcoin.
He also commended the blockchain for pushing its sustainability further by working on green initiatives. One such initiative he highlighted is VeChain’s partnership with the government of the European microstate San Marino to keep agricultural supply…
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