San Marino introduced measures to encourage and stimulate environmentally responsible consumers through cryptocurrency (tokens). Environmental responsibility means, in particular, drinking water saving, separate waste collection, reducing hydrocarbon emissions and other activities aimed at maintaining the region's eco-sustainability. The initiative was sponsored by DNV GL, an international certification organization, and VeChain, a technology services provider, introducing a new blockchain application aimed at reducing hydrocarbon emissions through a reward system within the chosen ecosystem. A pilot project will be launched in the Republic of San Marino.
The San Marino Low carbon ecosystem project platform aims to “promote eco-friendly consumer behavior to reduce CO2 emissions”. The next step will be a zero waste economy, that is in fact stimulation of water saving, separate collection of household waste by rewarding with a service token issued by the San Marino Innovation Institute, which can be used to pay for services on the territory of the Republic of San Marino.
The material was prepared by Vsevolod Gnetii, a correspondent of Bitnewstoday in Italy