Blockchain for Sustainable Environment with Jumbochain
The environmental ecosystem is deteriorating, as is its ability to support all life forms. One of the primary causes of environmental deterioration is industrialization. Years of excavating the Earth for natural resources, burning fossil fuels to power all mechanized equipment, hunting for timber and falling trees, and other variables cause a ripple effect that severely harms the #environment.
While the negative impacts of #industrialization are unplanned, it is critical to slow the rate of environmental deterioration to prevent a total collapse. The negative repercussions of industrialization are a wake-up call to use all forms of human ingenuity and imagination to save the Earth and make it habitable.
Technology is a highly effective instrument for clearing up the environmental problem. Artificial Intelligence (#AI) can be integrated into business models, government laws, manufacturing processes, #education, and other elements of human civilization to rebuild a green environment or, at the very least, prevent further degeneration.
As it evolves, Blockchain has found applications in #finance, #voting, #digitalidentity, #health, and #agriculture. This emerging technology can also be used to enable a more sustainable environment. Blockchain service providers like Jumbochain are leveraging the technology’s potential to create a blockchain solution that promotes sustainability.
Characteristics of Blockchain Technology
The defining characteristics of Blockchain must be examined so that the significance of Blockchain in environmental preservation is recognized.
- Blockchain is a decentralized system.
Unlike previous infrastructures, the Blockchain is run by independent nodes scattered around the network. These nodes use a controlling consensus mechanism to obtain a consensus. This aspect of Blockchain allows it to operate without central oversight, making the outcome of a consensus impossible to alter by a node. Also, Blockchain is more transparent and trustworthy than traditional alternatives.
2. Immutable Records
Data stored on the Blockchain cannot be modified once confirmed and added to the chain. Because of this permanence, Blockchain can monitor its origin. Raw materials and other natural resources can be registered on the block and traced to their destination. This procedure will prevent the selling of counterfeit goods and will keep track of how these resources are used.
3.Increased Security
The increased security required to hold sensitive data is critical in the development of Blockchain. This flawless security mechanism protects the network from all types of hostile actor attacks. Blockchain, protected by cryptography and other security patches, can withstand hacker attacks, ensuring the safety of recorded data.
The Blockchain protocol is open to the public and accessible over the internet. This protocol allows for on-chain transparency. Everyone with access to the internet may view the transaction on the chain, which ensures openness.
Blockchain infrastructure is both faster and more efficient than traditional infrastructure. Its efficiency facilitates data processing. This technique speeds up the conventional system by eliminating slow operations.
Blockchain: Turbocharging Innovation Across Diverse Industries
Blockchain technology has the potential to accelerate innovation in the following areas.
- Climate Change: Human activity is causing a vicious cycle of events that is causing climate change. Climate change causes extreme storms, rising sea levels, and rising temperatures, among other things.
- Biodiversity and Life Conservation: Human hunting for affluence and civilization produces unintended consequences. Deforestation, for example, exposes the area to floods, harming bio life, washing away arable fields, and precipitating erosion.
- Aquatic Life: The natural composition of the oceans is rapidly shifting from chemical waste to plastic trash. According to Weforum, the ocean provides 50% of the oxygen on Earth and 16% of all animal protein consumed globally. It is home to a plethora of aquatic life, 91% of which has yet to be recognized. This study sheds insight into the far-reaching consequences of disturbing aquatic life’s natural habitat.
- Water Security: The world economy is heavily reliant on freshwater availability. As the Earth accumulates more garbage, the quality of the water available to humanity deteriorates. According to a recent Guardian article, microplastics have been found in human blood.
- Clean air: As the world’s population rises, most of whom migrate to cities, more people live in inadequately ventilated dwellings that fall below WHO air-quality limits. This standard of living endangers human health, particularly in poorer countries.
- Disaster Relief: Blockchain can quickly support persons afflicted by natural catastrophes. Similarly, natural disaster patterns can be watched and recorded over time. This phenomenon can aid in developing a warning system before the occurrence.
When combined with other new technologies, Blockchain can help to rebuild the environment and make it more livable. Interestingly, the use case for Blockchain evolves daily as usage grows, increasing the technology’s potential to become a critical tool for developing a sustainable environment.
Blockchain technologies can help address each of the aforementioned environmental issues. These roles include incorporating Blockchain into government regulations, collaborating with the public and commercial sectors, responsible investing, and incentivizing good practices.
Blockchain solutions like Jumbochain already deploy real-world use cases to address these issues. We have expanded on the significance of the revolutionary technology further below; nevertheless, it is important to remember that Blockchain will be effective when used in conjunction with other technologies like AI, IoT, Oracle Computing, and others.
Changes in the Climate
The world may use Blockchain to protect our ecosystem from harmful changes. Blockchain solutions for climate change can be found in applications such as clean energy, intelligent transportation systems, smart cities, sustainable land use, and manufacturing. The list needs to be completed because new and novel ways to use Blockchain emerge regularly.
We at Jumbochain use the Jumbo Sharding Protocol which requires low storage requirements resulting in less harm to the environment.
Conservation of Biodiversity and Life
With numerous animal and plant species being extinct daily, it is more vital than ever that we implement pollution control, sustainable trade, habitat conservation, and sustainable trade. These and other environmentally beneficial behaviors can be rewarded and recorded via a blockchain. This technique includes monitoring insecticides and other pest management measures, fertilization methods, land use, and other factors. Rewarding conservative habits over non-conservative ones is critical to sustainability in each scenario.
Living in the Sea
Poor practices are also putting underwater life species at risk of extinction. We can employ the following solutions to save this predicament. We should monitor fishing activities and real-time water PH tracking, incentivize data gathering on aquatic life and track fish species and marine products from source to destination. This step can be implemented and tracked via a blockchain. Industrial waste should also be traced from origin to destination to determine the primary sources and extent of water pollution.
Water Safety
A blockchain can measure, encourage, and monitor sustainable water consumption and management. Water is in short supply, particularly in North Africa, Central Asia, West Asia, and other parts of the world. As the demand for water rises, Blockchain can assist in ensuring its prudent usage by monitoring distribution and use. Existing water use can be detected by an oracle and uploaded into a blockchain network. This effort can then be rewarded.
Fresh Air
Smart gadgets can check the quality of the air in a specific location. This data can be put into the Blockchain, allowing the oscillations in air components to be monitored.
Relief for Natural Disasters
One of the primary reasons for internal displacement is a natural disaster. While the rest of the world looks for ways to lessen the effects of calamities, blockchain developers are taking a different approach. This unique technology can secure relief efforts’ responsibility, trust, and transparency to deliver resources we can efficiently use for a specified purpose. Blockchain can also help to mitigate disaster consequences by making it easier for disaster relief volunteers to register, collect and distribute relief items and record #transactions and activities connected to relief management.
Conclusion
Blockchain technology can potentially solve many of the world’s most urgent issues. Jumbochain is a #blockchain ecosystem setting the standard for using this technology to create a sustainable #environment. Investors, #governments, and #sustainability advocates admire our holistic approach.
About the Author:
JumboBlockchain is the layer 1 blockchain protocol with three patents applied.
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