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Liverpool Aims to Become ‘World’s First Climate-Positive City’ Using Blockchain Tech

Published 07/21/2018, 01:00 PM
Updated 07/21/2018, 01:21 PM
Liverpool Aims to Become ‘World’s First Climate-Positive City’ Using Blockchain Tech

The Liverpool City Council (LCC) announced it will be using blockchain tech to mitigate the city’s climate impact, local news outlet edie.net reported July 19.

A tweet from the LCC explains that the effort to reduce the city’s climate impact is a bid to become the “world’s first climate-positive city by 2020.” The LCC will partner with the Poseidon Foundation to conduct a year-long trial of a blockchain platform that will facilitate the security and exchange of tokenized carbon credits with the goal of offsetting the city’s climate impact by more than 110 percent.

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