“Blockchain tokens that represent a CPU made in Taiwan, for example, and a display from Japan can transcend boundaries allowing a sum of all the carbon footprint data and carbon offsets to be calculated including the footprint when the parts are married together,” said Brody. “It’s a really powerful tool because almost nothing that gets to your border these days is made entirely by one company, everything is an amalgamation of other companies.”
EY Has Built an Ethereum-Based Product to Help Firms Hit Carbon Accounting Goals
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