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RSS FeedsShipping industry takes a page from bitcoin to clean up its act
(WorldNews Environment)

 
 

21 february 2019 21:09:26

 
Shipping industry takes a page from bitcoin to clean up its act
(WorldNews Environment)
 


A 960-foot-long freighter crossed the Atlantic Ocean last week running on a mix of biofuels and oil, not the usual super-polluting bunker fuel. Yet that lower-carbon fuel sloshing in Frontier Sky´s tanks wasn´t the only novelty. The vessel´s operators also used a much-buzzed-about technology to verify the ship´s carbon emissions as it traveled from the Netherlands to eastern Canada. In a demonstration project, Blockchain Labs for Open Collaboration, a software developer in Copenhagen, traced a batch of biofuels as it was created, processed, blended, and delivered to Frontier Sky. Japanese shipping giant NYK owns the vessel, and global mining company BHP hired the ship to deliver cargo. Dutch...


 
3 viewsCategory: Science > Environment
 
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