Chainlink Labs Collaboration Report: Blockchain Technology Will Play an Important Role in Combating Climate Change

The energy industry can improve the efficiency of clean energy investments by leveraging blockchain technology, according to a report released by Chainlink Labs and European research firm Tecnalia. Blockchain-based use cases outlined in the report include tokenized cash flows for renewable energy projects, trusted on-chain rating systems for green bonds, carbon credit systems from measurable carbon sequestration, and automated energy conversion contracts tied to renewable energy outputs.