June 20, 2024

Practical Scalable Climate Tech Solutions are the Need of the Hour: Raj Chowdhury | News

Practical Scalable Climate Tech Solutions are the Need of the Hour: Raj Chowdhury | News

Growing VC money are propelling the local weather tech marketplace forwards. The sector, even so, requires to start out providing on its promises, says HashCash CEO Raj Chowdhury.

PALO ALTO, Calif., May well 28, 2022 /PRNewswire-PRWeb/ — Worries for weather transform and its affiliated environmental effect are rising each passing year, major to prevalent growth in the worldwide green tech sector. HashCash CEO Raj Chowdhury lauds these climate-mindful endeavours and thinks the time is acceptable for these systems to provide viable answers.

The growing agitation is justified looking at the simple fact that globe temperatures have been on ordinary 1℃ previously mentioned the pre-industrial period(1850 to 1900) for the 8th consecutive yr in 2022, as per the Globe Meteorological Group(WMO). Added studies mirror that around the globe carbon emissions scaled a new superior at 36.44 billion tonnes in 2019. The following year’s 5.8{18fa003f91e59da06650ea58ab756635467abbb80a253ef708fe12b10efb8add} reduce was predominantly thanks to the global COVID pandemic.

Chowdhury, an eminent blockchain pioneer, states, “The uphill struggle for saving our natural environment is not feasible without technologies and wise software of existing means. We need breakthrough innovations constructed on the basis of out there instruments, as customer awareness and involvement are presently present.”

Inexperienced technological innovation is no for a longer period a specialized niche segment. Above 600 investments were manufactured in this sector in the yr 2021 alone, amounting to in excess of US$ 40 billion. The target of zero greenhouse fuel emissions by 2050 have to be accomplished to protect against a local climate catastrophe. Mere waste recycling and carbon credit purchase are not ample, the transformation will have to come from all sides. Blockchain-driven carbon marketplace, agricultural tech, and environmental asset digitization are some of the alternatives.

“What matters, in the stop, are final results. Be it blockchain carbon capture reward programs, decreased power intake, or employing cloud services for remote performing- the efficacy of the solutions are key to determining what we will go away for the foreseeable future,” described Chowdhury, who experienced beforehand spoken on blockchain marketplaces for carbon reduction, and rising DAO adoption for noble causes.

Led by Chowdhury, HashCash Consultants offer you a mixture of excellence, innovation, and transparency in international blockchain advancement. The US-centered enterprise deployed its white label products and solutions and custom-made alternatives in in excess of 26 nations and has been awarded top honors as a blockchain growth organization by a world organization review company. HashCash lately designed a major contribution to UAE’s crypto revolution, presenting its white label crypto exchange architecture to a international lender.

Scalability and feasibility are the primary troubles in front of environmentally friendly tech processes for offering functional final results to combat world wide warming and avoid climate transform. The take care of is brewing globally, the resources are there, and what is actually essential are economical remedies.

About Raj Chowdhury:

Raj Chowdhury is the Managing Director of HashCash Consultants and a Blockchain pioneer. Raj pioneered the very first interbank Trade Finance and Remittance implementation of Blockchain Know-how among two of the biggest worldwide financial institutions. Raj is a distinguished voice in the Blockchain and Cryptocurrency space and actively engages with policymakers in this location. He is a contributor to Economic Moments, Business Entire world, and CNNMoney and advises field leaders in the adoption of Blockchain. He is a member of Asha Silicon Valley, a nonprofit dedicated to education for young children in emerging nations around the world. Author of the reserve ‘The Darkish Top secret of the Silicon Valley’, Raj is an trader in blockchain and cryptocurrency businesses and an active member of the philanthropic group.

Media Get in touch with

COLEEN F, Hashcash Digest, +14159662907, [email protected]


Source Hashcash Digest