Power Transition Blockchain Sustainability Report with… | Hedera Hedera Network Services Token Service Mint and configure tokens and accounts. Consensus Service Verifiable timestamps and ordering of events. Smart Contracts Run Solidity smart contracts. HBAR The Hedera network's native cryptocurrency. Insights How It Works Learn about Hedera from end to end. Explorers View live and historical data on Hedera. Dashboards Analyze network activity and metrics. Network Nodes Understand networks and node types. Devs Start Building Get Started Learn core concepts and build the future. Documentation Review the API and build using your favorite language. Developer Resources Integrations Plugins and microservices for Hedera. Fee Estimator Understand and estimate transaction costs. Open Source Hedera is committed to open, transparent code. Learning Center Learn about web3 and blockchain technologies. Grants Grants & accelerators for your project. Bounties Find bugs. Submit a report. Earn rewards. 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Stablecoin Studio All-in-one toolkit for stablecoin solutions. Hedera Guardian Auditable carbon markets and traceability. Functional Use Cases Data Integrity & AI Reliable, secure, and ethically governed insights. Sustainability Enabling fair carbon markets with trust. Real-World Asset Tokenization Seamless tokenization of real-world assets and digital at scale. Consumer Engagement & Loyalty Mint, distribute, and redeem loyalty rewards. Decentralized Identity Maintain the lifecycle of credentials. Decentralized Logs Scalable, real-time timestamped events. DeFi Dapps built for the next-generation of finance. NFTs Low, fixed fees. Immutable royalties. Payments Scalable, real-time, and affordable crypto-payments. HBAR Overview Learn about Hedera's token, HBAR. Treasury Management Hedera’s report of the HBAR supply. Governance Decentralized Governance Hedera Council See the world's leading organizations that own Hedera. About Meet Hedera's Board of Directors and team. Journey Watch Hedera's journey to build an empowered digital future for all. Transparent Governance Public Policy Hedera's mission is to inform policy and regulation that impact the industry. Meeting Minutes Immutably recorded on Hedera. Roadmap Follow Hedera's roadmap in its journey to build the future. Resources Company What's New Partners Papers Careers Media Blog Technical Press Podcast Community Events Meetups Store Brand Navigation QUICKSTART Power Transition Blockchain Sustainability Report with Hedera Hashgraph Apr 22, 2021 by Jiro Olcott Director at Power Transition Today marks the 51st Earth Day. The annual event began in 1970 and has grown ever since. As we can all agree, as exciting and innovative a technology as blockchain and decentralized networks have proven to be, we, as an industry, have some adverse environmental consequences we must address. As a founder of Power Transition, our mission is to help the world transition to a zero-carbon economy. We've seen the efficiency of Hedera first hand. Our energy microgrid solution has successfully provided more efficient energy to 48 homes and apartments in the United Kingdom, with immediate energy savings of 30-40% per home. In another proof of concept for EV charging networks, Power Transition reduced charging costs by up to 50% by using Hedera Token Service as its payment rail. Hedera is our public ledger of choice. Not only for the practicality of its performance or low transaction fees but also for its environmental impact and unique long-term ability to be sustainable. We estimate that Hedera is orders of magnitude more energy-efficient than other blockchain-based, proof-of-work networks and is comparable with VISA. It is paramount that we collectively help correct the narrative that blockchain and distributed ledgers cannot be energy efficient. As such, we've put together a report, Can a Blockchain be Green? to articulate the key areas to consider for sustainability. In the report, we propose that for a technology to be sustainable we must consider its long-term environmental, societal, and economic impact. Hedera, with its unique governance model and efficient hashgraph consensus algorithm, is uniquely suited to meet these requirements today and in the future. Share This Back to blog What is gRPC, gRPC-Web, and Proxies? 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