Liverpool aims to be world's first climate-positive city with blockchain technology


Liverpool City Council (LCC) has announced a new partnership with a blockchain platform company to offset more than 110% of its carbon emissions, with the city announcing its bid to become the world's first climate-positive city by the end of 2020. LCC will conduct a year-long trial with the Poseidon Foundation to use a blockchain platform to offset the carbon impact of all products and services in the city by supporting global forest conversation projects.



Liverpool's ambition to become the world's first climate-positive city by 2020 has been announced with the city's blockchain technology partnership. Committing to a year-long trial of this sustainable technology, Liverpool City Council strives to reduce its carbon impact by installing more than 15,000 energy saving LED streetlights across 2,000 streets to reduce streetlight energy consumption by 82%. 

The Poseidon’s Foundation, Laszlo Giricz stated, “This is a ground-breaking partnership not just for Poseidon and Liverpool, but globally. For the first time, a city will use blockchain technology to go beyond rebalancing its carbon footprint – leading the way in the fight against climate change." 

Hope Daley via Archinect - News http://bit.ly/2NPJbW3

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