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.
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.
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.
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.
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.
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.
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.
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.
Blockchain technology is a natural fit for GIs as they depend on origin, authenticity and quality”The technology shows consumers the geo location where the product is harvested and detailed information on who produced it. The information supplied and displayed in blockchain is reliable and tamper-proof,”
In the post-pandemic era, the importance of food traceability is growing in magnitude. Consumers want to know everything about the journey of their food from the farm to their tables. People want to know about the ingredients, chemicals, fertilizers, pesticides and other additives that go into producing their food, including the geo-location from where the foods have been sourced. That’s where traceability comes in.