LIVERPOOL USES BLOCKCHAIN TECHNOLOGY TO BECOME WORLD’S FIRST ‘CLIMATE-POSITIVE CITY’

19th July 2018

Liverpool bid to become the world’s first climate-positive city moves boldly forward with the announcement of a new, innovative blockchain partnership.

Combining forces with blockchain platform company, The Poseidon Foundation, the city plans to offset more than 110% of its total carbon emissions.

A year-long trial will utilise a blockchain platform to offset the carbon impact of all products and services in the city by supporting global forest conversation projects.

The technology will play a pivotal role in the city’s newly announced ambition to become the first climate-positive authority in the world by 2018 and the first climate positive city by 2020.

The Poseidon’s Foundation, Laszlo Giricz said: “This is a ground-breaking partnership not just for Poseidon and Liverpool, but globally. For the first time, a city will use blockchain technology to go beyond rebalancing its carbon footprint – leading the way in the fight against climate change.

“Liverpool is a trailblazer a shining example to other cities in the UK and across the world on what can be achieved…”

“Liverpool is a trailblazer a shining example to other cities in the UK and across the world on what can be achieved through harnessing the power of technology to meet one of humanity’s greatest challenges. And now that it is clear that our platform is fully scalable, it is time for other cities to take action.”

Laszlo Giricz Chief Execuitve of The Poseidon Foundaiton signs landmark Climate Positive agreement with Mayor of Liverpool Joe Anderson

 

For more information on the Poseidon foundation visit: poseidon.eco

19th July 2018

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