Regardless of futuristic forecasts, blockchain technology doesn’t seem to have that many real-world applications, especially at a large global scale. The green capital market, however, tends to stand out, as blockchain has already been tried and tested. It opens up ecological markets for enterprises by allowing emissions trading.
Emission trading is a phenomenon which was initially brought forward by the Kyoto Protocol in 2005. It came into effect in order to reduce the harmful effects of CO2 emissions into the atmosphere, the issuers of which are mainly power plants using fossil fuels.