BlockchainArmy recently joined Blockchain for Global Impact Coalition (BSIC) as accountability towards environmental issues.
The move is an endeavor towards extending support to the augmentation and execution of Blockchain technology while addressing its feasibility challenges regarding social and environmental issues.
BlockchainArmy is a global capital advisory and venture creation firm, operational across 20 plus nations. BlockchainArmy provides innovative blockchain consulting services for various industries, including finance, energy, healthcare, agriculture, government projects, supply chain management, and many more.
According to the World Economic Forum report in 2018, some existing and emerging Blockchain-based setups could be crucial in mitigating environmental challenges. Blockchains could facilitate next-generation business infrastructures with sustainable monitoring of data with transparency and security. Blockchain could even manage the verification of geospatial data to minimize natural calamities.
This technology upholds decentralized data ledger system within the network without the intrusion of any federal authority. Decentralized solar energy-based setups could provide solutions to high consumptions of energy resources and can reduce high setup costs and carbon emissions significantly.
As an impact of the Paris Climate Agreement, many countries and private companies are now monitoring their business infrastructures to align themselves with the low carbon, climate resilient environment.
Socially conscious consumers are favoring to purchase eco-friendly products and want to be associated with the organizations that have adopted the eco-friendly approach in their businesses.
In April 2019, BlockchainArmy joined “The Worldwide Affiliation for trusted Blockchain Purposes (INATBA).” It is a globally acclaimed platform, which works collectively with global regulators and policymakers towards adoption and innovation in blockchain technology.
BlockchainArmy was on the forefront to assign the pledge to use blockchain expertise for a trust-based, transparent business framework.
The company has been advocating decentralized cross border transactions for more efficiency in operations. It instigates an eco-conscious approach towards blockchain mechanism to its business allies and consumers.
BSIC aims to become a bridge between NGO’s and corporates, government agencies, philanthropists, and technologists, focusing on developing Blockchain-based solutions and applications addressing environmental concerns. The entire approach is to build more and more socio-economic prototype based on this innovative technology.
With an exuberant approach, the Founders of BlockchainArmy expressed their support to the very objective of the organization. BlockchainArmy President and founder Erol User and Founder Ali Sona remarked, “BlockchainArmy is proud to join BSIC to support the development and implementation of blockchain technology to address sustainability challenges.”
BlockchainArmy is happy to join the cause of implementing the innovative technology with its extended eco-friendly goals. It is equally exciting to work unitedly with BSIC to bring meaningful changes towards eco sensible society.