SXSW 2022
Using Web3 Principles to Drive Decarbonisation
Description:
Crypto aims to update our collective computing infrastructure to become fundamentally more interoperable and verifiable. This talk will focus on how content addressed data structures - the basis of Web3 - make it possible to build carbon tracking systems that embrace both of these properties and how this can be used to increase transparency and accountability. Using the Filecoin blockchain as an example, we will discuss how on-chain proofs can be used to bound energy use, and show how we are integrating these data with existing renewable energy certificate registries to track environmental impacts across many levels of the file storage supply chain. Looking forward to 2050, we will address how these systems can be extended to track and mitigate environmental impacts across industries.
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Takeaways
- Existing systems for tracking and mitigating environmental impacts are piecemeal and will benefit from improved interoperability.
- Publicly verifiable links between records of energy use and renewable production will allow unprecedented transparency in ESG.
- These tools will allow us to align incentives to mitigate environmental impacts effectively.
Speakers
- Alan Ransil, Research Scientist, Protocol Labs
Organizer
Jamie Nicholson, Event Manager, Protocol Labs
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