Liverpool City Will Become Climate Positive Via Blockchain Technology By 2020
The city of Liverpool has intention to become the first climate positive city around the world by 2020.
The council has concluded a new partner relations with Poseidon to test its blockchain platform for the period of the next 12 months in order to neutralize the carbon influence of its products and services in the city by maintaining forest preservtion programs.
The platform monitors, controls and connects clients and retail sellers with forest preservation programs worldwide. During the program the open source register will promote online operations for the credits.
More than 110% of the council’s releases are to be restored and rebalanced utilizing the advanced technology.
Liverpool Mayor Joe Anderson mentioned: “I’m delighted we have signed this partnership agreement with Poseidon to connect Liverpool directly with climate positive projects across the globe.
“Poseidon’s technology is the first of its kind to truly deliver a solution to governments, businesses and individuals around the world to help reverse the causes of climate change and I am thrilled this agreement will bring this cutting-edge technology to our city.”
Poseidon will operate with regional schools, universities and businesses to improve educational curriculums around climate impact to help the council’s responsibility to lower its carbon releases by 40% by 2030.