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Block Chain 101
The aviation industry has committed to reducing its carbon footprint, and sustainable aviation fuel is the only way that can happen as the industry continues to grow. Airlines face substantial challenges in the face of rapid growth. They must reduce emissions of greenhouse gases and improve environmental sustainability. The International Air Transport Association estimated the...
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Agriculture may be the key to saving the world from climate change. In the Anthropocene, we have come to realize that mankind’s actions have had a huge impact on the world’s climate. One factor that may come as a surprise to some is that agriculture, one of our oldest organized activities has become a huge...
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The green supply chain is a way for companies to reduce their impact on the environment in meaningful ways that increase their sustainability. The result is that the impact is passed through the companies’ products to the end user. Using integrated environmental logic when considering all aspects of supply chain management means that the whole...
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A carbon credit is a permit that allows the holder to emit greenhouse gases. Each credit allows a certain amount of carbon dioxide or other greenhouse gases to be emitted, and each credit is usually equivalent to one ton of carbon dioxide. The permit has value and can be traded. Carbon credits came about as...
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Smart contracts managed through blockchain function just like any contract: one party meets a condition, which triggers an action by another party. Since a smart contract is simply a computer program or transaction protocol that automatically executes, controls, or documents legally relevant events and actions according to the terms of a contract or an agreement....
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A smart contract is a computer program or a transaction protocol respectively, which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract, of an agreement or of a negotiation. The objectives of smart contracts are the reduction of need in trusted intermediators, arbitrations and...
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While it’s great to beat the drum of sustainability, it must be tracked and certified to be an effective way to combat GHG emissions. Distributed ledger technology (DLT) is a digital system for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time. DLT...
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