the u.n. says bitcoin’s underlying technology has massive potential for fixing global issues such as climate change. it says it will keep exploring the uses of blockchain technology as a way to fight the climate crisis and help reach a more sustainable global economy. cryptocurrency is still in its infancy, with many technological and political challenges.
by providing a mechanism to develop clean energy markets, blockchain technology can also help to drive renewable energy sources like wind and solar power. “because these sources are inherently intermittent and decentralized,” the study states, “new forms of energy markets are required.”
the united nations stressed that cryptocurrencies are still in their infancy and that many technical challenges remain.
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