Dominic Williams, founder of Dfinity, believes blockchain technology can play a significant role in addressing climate change issues.
He outlines three key ways blockchain can contribute: creating trustless infrastructure for climate action, enhancing efficiency, and providing an eco-friendlier alternative to traditional IT systems.
The Voluntary Recycling Credits (VRC) initiative, built on the Internet Computer (ICP) network, exemplifies blockchain's potential in environmental efforts.
Williams emphasises that blockchain's trustless nature eliminates the need for intermediaries, ensuring secure and transparent tracking of recyclables from source to destination.