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What is Environmental/Ecological Parity

Advancements in Quantum Blockchain With Real-Time Applications
Green currency market generates demand for and supply of green assets globally. Nations and persons with rich green assets get rewarded and nations having low green assets have to check development or purchase GA. That’s how the global green assets parity is maintained.
Published in Chapter:
Green Currency Based on Blockchain Technology for Sustainable Development
Punit Sharma (Janardan Rai Nagar Rajasthan Vidyapeeth, India), Indu Sharma (Meera Girls College, India), Suman Pamecha (Janardan Rai Nagar Rajasthan Vidyapeeth, India), and Kamal Kant Hiran (Sir Padampat Singhania University, India)
Copyright: © 2022 |Pages: 17
DOI: 10.4018/978-1-6684-5072-7.ch005
Abstract
English poet Samuel T. Coleridge wrote “O! lady, we receive but what we give? And nature alone lives in our lives.” The Earth is one, but nations are not. New technology, especially blockchain paves the way toward a global village. This chapter analyses the ultimate solution to the global warming issue through the introduction of green currency based on blockchain technology to inculcate the concept of environmental protection in the next generation. We never value the free gifts of nature as the economies are driven by markets globally. Unless and until a monetary value is associated with environmental protection it's difficult to motivate the next generation to protect it. The introduction of green currency helps in creating a market. Development with the acceptance, protection, and maintenance of nature as it is is possible only through the use of advanced technologies. This chapter introduces a new concept of global green currency based on blockchain technology. This tool may ultimately present a platform as a solution to the global warming issue.
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