ECO2 is the cryptocurrency that uses blockchain technology in the field of the climate action. As Europe’s largest established business Blockchain event, with over 12000 blockchain people will attend in Amsterdam on 27-28 June 2018 for two days of world-class content from leading brands embracing and developing cutting edge blockchain technology. ECO2 hopes to bring the idea of energy-saving into this event, so far most of blockchain applications have problem of massive energy consumption due to the old fashion mining method. Compare with them, ECO2 choose the low-carbon way for mining. People could earn ECO2 by way of walking or cycling during the Carbon Chain DAPP usage time. The amount of ECO2 you earn depends on how much CO2 you saved.
Carbon dioxide (CO2) is the major greenhouse gas, since the industrial revolution, human activity has caused the concentration of carbon dioxide from 280 ppm to 410 ppm, creating a greenhouse effect that affects the living environment of human beings. As the world’s first environmental cryptocurrency, ECO2 links its issuance mechanism with Carbon Credit assets. The “Carbon Credit” which is a concept from UN approved “Kyoto Protocol” and “Paris Agreement” that turns GHG (greenhouse gas) emission right into a tradable commodity. Companies which pollute less GHG can sell their excessive pollution rights to companies that pollute more. ECO2’s issuance relies on carbon reduction and environmental protection.
ECO2 focuses on the promotion of low-carbon environmental protection. We will continuously organize activities related to climate action. We plan to hold blockchain and carbon emissions forums in the second half of 2018, intend to solve global warming by applying blockchain technology to our daily lives. The goal of ECO2 is to achieve Paris Agreement (control the global warming to be under 2 degrees Celsius at the end of the century).
Related Link: http://www.eco2.cc