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Proof of ESG and BSV Blockchain

November 03, 2021

Today CoinGeek featured Proof of ESG and it plans to use the scalable BSV Blockchain in order to honestly and transparently report ESG data. The article highlights the issues surrounding Greenwashing, and how the use of blockchain will minimize this, among other things.

“The Bitcoin blockchain could force companies to be more honest about their environmental claims. As investors and consumers both large and small begin to look closer at corporate ethics, the issue of “greenwashing” and other exaggerations is even becoming a regulatory debate. A project called “Proof of ESG” is devising frameworks for companies to gather data and report such claims, timestamping and verifying them on the BSV blockchain. Proof of ESG’s initial goals are focusing on CO2 emissions”.

Click the link below to read the full article.

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