https://x.com/dsbatten/status/1856024623126663491?s=46
https://x.com/dsbatten/status/1856015915785068738?s=46
Hi Daniyal, how does GP4BTC work for an institutional player or exchange?
Green Proofs can help banks and financial institutions demonstrate that their operations and products are sustainable. There are three main ways Green Proofs does this: 1. It helps companies track granular environmental information about their organizations and/or products (e.g. embodied carbon/embedded emissions), including Scope 3 supply chain emissions data from vendors and from organizations further upstream, as well as the outcomes of emissions reductions efforts over time. This lets companies back up their sustainability claims with credible, granular data. 2. It helps organizations more easily sell and procure low-carbon services and commodities. For example, a Green Proofs registry, such as the SAFc registry, can improve ROI for a commodity producer's investors by facilitating market access for that company's products. Or a financial institution could use Green Proofs to procure low-carbon products like green EV charging ultimately reduce their organizational emissions. 3.Financial institutions with BTC exposure can use GP4BTC to incentivize green mining. Recently, we worked with PayPal to pilot an exciting solution that leverages GP4BTC to help organizations decrease scope 3 emissions associated with crypto - details can be found here.
“Financial Institutions” 👀
Thanks daniyal, but I still don't understand how this works for example BlackRock. How will they show the world that they have green bitcoin?
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