Filecoin Leads Environmental Charge | Increasing Carbon Transparency

As the environmental impact of cryptocurrency continues to be a major concern for governing bodies and developers, Filecoin (FIL) is leading the charge to power Web3 technology with verifiably clean energy. Filecoin has now launched a Web3 data-storage solution aiming to increase transparency on the environmental impact by displaying carbon offsets and addressing the drawbacks of traditional storage solutions for all types of digital ecological assets.

  • Filecoin (FIL) has launched a Web3 data-storage solution for carbon offsets.
  • Leading the charge to power Web3 technology with verifiably clean energy.
  • Filecoin Green intends to increase transparency on the environmental impact by displaying carbon offsets and addressing the drawbacks of traditional storage solutions for all types of digital environmental assets.

The massive environmental burden of cryptocurrency has become a major issue in the industry as many organizations and governing bodies have considered stepping in to reduce the negative impact. In May of 2021, the Government of China even banned cryptocurrency mining, a significant reason being its massive toll on the environment.  In response to this …

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