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Sustainability and blockchain are two different words that can have nothing in common. But they are all connected to technology and environmental matters. This is most particularly so for air cargo, which is the business of shipping products by airplane. Air cargo has to be greener and less harmful to the earth as well as more efficient and trustworthy. In this blog, we will try to understand the main key point, Lars Winkelbauer u2013 Blockchainu2019s Role in Traceability for Sustainable Air Cargo Practices.
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Lars Winkelbauer – The Intersection of Sustainability and Blockchain in Air Cargo
Sustainability and blockchain are two different words that can have nothing in common. But they are all connected to technology and environmental matters. This is most particularly so for air cargo, which is the business of shipping products by airplane. Air cargo has to be greener and less harmful to the earth as well as more efficient and trustworthy. In this blog, we will try to understand the main key point, Lars Winkelbauer – Blockchain’s Role in Traceability for Sustainable Air Cargo Practices.
How cryptocurrencies can be better for the environment? Cryptocurrencies are digital money. They work by using difficult mathematical calculations. It has, however, the disadvantage of being an energy hog and polluter. According to a research paper, mining bitcoins to generate new ones resulted in 85.89 million tons of CO2 emissions in a year. This is simply terrible for global warming as well as ecology. But things are changing. WithBitcoin miners switching to renewable sources. They include water, wind, heat, and sun. None of these have a negative impact on our environment. Thus, the process of mining Bitcoin is slowly becoming sustainable and less polluting. This shows that cryptocurrencies can be environmentally friendly.
How Blockchain Can Improve Air Cargo Blockchain is a technology that enables people to share information securely and transparently. It might be employed for several things, but among them is air cargo services. Blockchain can make air cargo more secure and reliable, where every transaction and record in this sector will be kept. Therefore, everyone will know what happens, as there will be no place for cheating or lying. Blockchain can also help airlines effectively manage aircraft. It records each component and its maintenance records. This means an airline could quickly fix problems, reducing emissions from flying. Blockchain makes air cargo more efficient and greener for goods movement and plane maintenance.
How Sustainability and Blockchain Come Together Sustainability and blockchain are not just phrases. They are solutions for real issues in the air freight industry. They may reduce waste and pollution from the air transport of goods, making the industry more sustainable. They also increase opportunities for using renewable energy sources. This includesSustainability Metrics in Crypto Mining Operationsand others. This eventually demonstrates that technology can support environmentalism.
The Future of Air Cargo Sustainability and blockchain will play a much larger role in air cargo in the future. Blockchain is becoming more integrated with sustainability and digitalization. It will be important to make the industry more transparent, efficient, and green. Air cargo wants to have a positive impact on people and the planet while contributing to global development. That’s why the current combo of sustainability and blockchain is already working toward this goal.
Conclusion For air cargo, sustainability blends well with blockchain. In general, they enable the industry to become more sustainable, efficient and ready for the future. As we keep innovating, there are no boundaries as to how technology can continue making air cargo greener and better. Source Credit: https://larswinkelbauerai.wordpress.com/2024/01/09/lars-winkelbauer-the-intersection-of-sustainability-and-blockchain-in-air-cargo/
