Digital sustainability
Innovation to net zero
Double impact - Enabling positive economic and environmental impact:
On one hand we leverage digital technologies to solve environment related problems in finance. On the other hand, we leverage finance to solve environmental problems in digital technologies.
Doubleimpact Sustainable BTC: C02 exposure neutralized
The financial industry is being impacted by key secular trends including the acceleration of digitalization and the importance of sustainability.
Integration of sustainability considerations and the impact of climate change into investment processes is more important than ever:
The authorities and the financial sector are jointly committed to a sustainable future. The EU would need, despite its progress, to decarbonize three to four times more quickly to meet its net zero emissions targets by 2050.
Carbon footprint of Bitcoin and other Digital Assets:
Since the early days of the blockchain technology, the question about electricity consumption has been debated. There is no denying that the Bitcoin network consumes a substantial amount of energy through its Proof of Work process, but this energy consumption is what makes it robust and secure.
Doubleimpact digital sustainability helps capturing opportunities created by the net zero transition
Publication
Blockchain PoW and PoS Energy Consumption and its Environmental Impact
Methodologies and Analytics
Emerging technologies such as blockchain and distributed ledger systems offer significant opportunities but may also impact the energy system and environment if adopted without careful assessment. This study addresses this challenge by
(i) developing a matrix of key parameters related to the energy consumption of major blockchains,
(ii) proposing techno-environmental methodologies to estimate the carbon footprint of prominent cryptocurrencies, blockchains, and their applications,
(iii) analyzing the environmental implications of different blockchain architectures and consensus mechanisms, and
(iv) creating accessible tools with data visualization and analytics to calculate carbon impact.
By specifying consistent methodologies and quantifying technological drivers of energy use, this research provides practical frameworks and metrics to evaluate the environmental footprint of blockchain technologies and support informed, sustainable decision making.
- Stieger, R., Zoller, V. (2022) «Blockchain Pow and Pos Energy Consumption and its Environmental Impact». SSRN. Verfügbar unter: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5580053
More about our Sustainable BTC (Bitcoin) solution will be announced very soon.