Polkadot is a blockchain network built to enable Web 3.0. Polkadot (DOT) uses the nominated proof-of-stake (PoS) consensus algorithm, parachains and a relay chain to facilitate a more scalable blockchain ecosystem.
Irina explains the idea behind decentralization, where users control their data and markets prosper from network efficiency and security. Polkadot has the lowest total electricity consumption; it’s the second most sustainable blockchain platform.
The UN has been hosting COP conferences where climate change has gone from being a fringe issue to a global priority. Companies are looking to solve climate change problems, but it is also essential to look for ways to educate and be aware of the changes that can be made through every day actions. NFTs can be used to promote climate action.
Unique Network is built on Polkadot, and the efficient and climate-friendly PoS blockchain. This technology and infrastructure allows meaningful steps to be taken for environmental conservation.
PRESENTED BY DRAPER UNIVERSITY
HOSTED BY CHRIS JOANNOU