Blog

Blockchain

ESG Reporting Tool

Footprint by TRST01, a blockchain-enabled ESG reporting tool built on Web2 and Web3.Footprint by TRST01 is a comprehensive tool that follows the 2021 Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Carbon Disclosure Project (CDP) guidelines. It also links to the 17 United Nations Sustainable Development Goals (UNSDGs), allowing companies to monitor and report on their progress towards achieving these goals.

Democratisation, Decarbonisation and Decentralisation

The democratisation of carbon credits is critical to achieving the goal of net-zero emissions. Carbon credits are a market-based mechanism for reducing GHG emissions and providing financial incentives for reducing emissions.

Future is NOW

Integrating AI and Blockchain creates new possibilities and opportunities for innovation and growth. AI-powered blockchain solutions have the potential to revolutionize various industries, including finance, healthcare, and real estate.

Connecting Climate, Agriculture and food through web3 Innovation

Climate change is one of the biggest challenges facing our planet today. Its effects on agriculture and food production are particularly concerning, as they threaten to disrupt the global food supply chain and leave millions of people without access to adequate nutrition. In response to this crisis, the agricultural industry is turning to web3 innovation to connect farmers, researchers, and consumers and find new ways to mitigate the impacts of climate change on food production.

Food Supply Chain Carbon Footprint

The carbon footprint of the food supply chain is the total amount of greenhouse gases (GHGs) produced throughout the entire life cycle of a food product, from its production to its consumption. This includes emissions from farming and processing, transportation, and packaging.

Connecting the Dots Sustainable Agriculture, Climate Change and Value Creation

Sustainable agriculture is crucial for reducing greenhouse gas emissions and addressing the challenges of climate change. One area of particular concern is the production of methane in paddy fields.dMRV data on Blockchain makes Climate Action discoverable. Data on-Chain allows the creation of tamper-proof and transparent records with traceability. dApp (decentralized application) and IPFS (InterPlanetary File System) makes Climate action data discoverable.

Chat GPT, Blockchain and Climate Action

ChatGPT can support blockchain and Climate Action is by providing a more efficient and accurate method of tracking and verifying the carbon offsetting of companies and individuals. Carbon offsetting is a process by which companies and individuals can offset their carbon emissions by investing in projects that reduce carbon emissions, such as renewable energy projects. ChatGPT can help automate the tracking and verifying carbon offsetting process, making it more efficient and accurate.

Climate Awakening and Web3

Web3 technologies, such as blockchain and decentralized networks, can play a vital role in the Climate Awakening movement. Blockchain technologies provide ways to track, verify, and incentivize sustainable behaviours and practices.

2023 and Blockchain Adoption

The year 2023 promised to provide a technological push through Blockchain. From Climate Action, Supply chain traceability and asset tokenisation we will have a multiple real world use cases on Blockchain. The year 2023 will be a critical year for Mainstream Blockchain adoption.

Everything on Blockchain is NOT Crypto Currency

Blockchain technology is relevant to more than just cryptocurrencies. Blockchain, however, is mainly concerned with the decentralized storage of information and the consensus of particular digital assets, which can or cannot be cryptocurrencies.