Analysis of Blockchain Technology Adoption for ESG Initiatives in Businessby@anndylian
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Analysis of Blockchain Technology Adoption for ESG Initiatives in Business

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Bitcoin mining consumes more than 100 terawatt-hours (TWh) of electricity per year, enough to power an entire country. Bitcoin mining has itself been criticized on ESG criteria, particularly regarding its high energy use. Bitcoin miners will increasingly resort to using renewable energy that has much less impact on the environment when mining Bitcoins. BigONE would look at some aspects of emerging ESG initiatives that can be improved by the use of blockchain technology to improve supply chain supply chain efficiency and efficiency.

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