KPMG Leader Predicts IoT and Blockchain Will Be Used To Manage Climate Change
Cointelegraph By Rachel Wolfson's original article for cointelegraph.com reduced by 74%
Accounting giant KPMG's US blockchain lead, Arun Ghosh, predicts that blockchain, combined with the Internet of Things will be used to manage climate change in 2020.IoT is a term for systems of interrelated devices that are embedded with sensors, software and network connectivity that enables them to collect and exchange data. Data shows climate change, but blockchain needed for climate management With KPMG's presence in 154 countries, Ghosh explained that the firm is seeing an uptick in emerging economies focused on automating air quality control mechanisms. Blockchain for climate management discussed at Davos 2020Ghosh also noted that blockchain's application in climate management will be discussed in Switzerland this month during the World Economic Forum, also known as Davos 2020.The World Economic Forum has been funding certified offsetting projects around the world since 2017.
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