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      "author": "steemitboard",
      "body": "Congratulations @dao-ipci! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@dao-ipci/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@dao-ipci) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=dao-ipci)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "author": "partiko",
      "body": "Thank you so much for sharing this amazing post with us!\n\nHave you heard about Partiko? It’s a really convenient mobile app for Steem! With Partiko, you can easily see what’s going on in the Steem community, make posts and comments (no beneficiary cut forever!), and always stayed connected with your followers via push notification!\n\nPartiko also rewards you with Partiko Points (3000 Partiko Point bonus when you first use it!), and Partiko Points can be converted into Steem tokens. You can earn Partiko Points easily by making posts and comments using Partiko.\n\nWe also noticed that your Steem Power is low. We will be very happy to delegate 15 Steem Power to you once you have made a post using Partiko! With more Steem Power, you can make more posts and comments, and earn more rewards!\n\nIf that all sounds interesting, you can: \n\n- Download Partiko Android at [Google Play](http://bit.ly/2SRFIta)\n- Or Download Partiko iOS on the [App Store](https://apple.co/2PcXkSd)\n\nThank you so much for reading this message!",
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      "author": "steemcleaners",
      "body": "[Source](https://medium.com/datadriveninvestor/cop24-bottom-line-blockchain-brings-climate-finance-to-most-vulnerable-states-e18943b3b70c)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/@DAO_IPCI_64048/cop24-bottom-line-blockchain-brings-climate-finance-to-most-vulnerable-states-e18943b3b70c",
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      "body": "The largely disappointing climate summit in Katowice saw however a “Christmas miracle” happen: a small tech team came up with a breakthrough distributed ledger technology that will helpdeveloping countries establish a trustworthy and cost-efficient framework for attracting climate finance.\n\nhttps://ipci.io/wp-content/uploads/2018/12/panel2.jpg\n\nPossibility of peer-to-peer transactions, transparency and immutability of data, provided by blockchain can help make climate finance market more inclusive: this was the central idea of the COP24 official side event “Decentralized Integrity: Climate Finance and Carbon Markets” that took place on December 14.\n\n[See the full video:](https://join-emea.broadcast.skype.com/unfccc365.onmicrosoft.com/cb534ae29889470cab569fdddc1a267c/ru-RU/) \n\n\n*3 imperatives for climate resilience*\n\nThe panel focused on climate finance which helps bring funds to climate-oriented projects such as forest-planting, carbon sinks, renewable energy facilities and various kinds of clean technologies that may cost a fortune to some of countries to implement.\n\n**“To keep the global temperature rise at 1,5-2 degrees above the pre-industrial level we need $500 billion per year by 2030 and potentially significantly more for the adaptation if the targets for temperature rise are not met. Another Imperative is transparency. In 2016 only half of the countries complied with UNFCCC transparency requirements in order that their climate fundings could be trackable. The third imperative is to help developing countries to access climate finance. Many of them can not meet the stringent accreditation requirements for international climate funds, and it often takes years for climate projects to obtain funding through different intermediaries. We simply don’t have the luxury to wait given the urgency to addressing climate change,”** described the situation Alastair Marke, Director-General of Blockchain Climate Institute.\n\n**“Trading CO2 reductions may be much more efficient while using distributed ledger technologies. We have an important task to track climate finance,” said James Close, Director, Climate Change, World Bank Group. “I think blockchain has tremendous potential for distributed power generation. Examples come from Australia where peer-to-peer energy trade became possible,” he added.**\n\nhttps://ipci.io/wp-content/uploads/2018/12/71481-768x633.jpg\n\n\n*Distributed integrity for climate change mitigation*\n\nClimate change expert and consultant Joseph Badevokila from Climate Technologies Center and Network spoke about the barriers for climate finance for the vulnerable states. He comes from Congo, one of the countries where the effects of climate change are quite visible today. “River Congo, which used to be nearly as large as the Amazon, is drying out. You cannot navigate it any more. It used to be the main road for the goods coming from Chad, Cameroon and other countries. Now it’s impossible to use: in some places its depth is less than three meters,” he told the guests.\n\nMr. Badevokila stressed that the global warming disrupts the change of seasons and the agricultural cycle, threatening the food safety of Congo and other African countries. However, wide application of blockchain-based climate finance system could unite these nations in their fight against the devastating consequences of global warming.\n\n![](https://cdn.steemitimages.com/DQmbqf7hnYwkH2o5eCLT2dY4fpyk3iSVTUSny8Z2GHHkFk8/image.png)\n\n*Smart cost-efficiency*\n\n“The aim of the project is to bring climate finance to the unbanked states”, stressed Alexey Shadrin, representing the use cases of DAO IPCI, the game-changing blockchain solution for carbon markets based on smart contracts which execute automatically, lowering the risk of fraud. The process of launching an environmental project on DAO IPCI blockchain had been demonstrated live at COP24 by its developers Sergey Lonshakov and Alisher Khassanov.\n\n**“The absence of intermediaries makes the launch of environmental project free and the issuance of verified carbon reductions up to 10 times cheaper than in the traditional carbon registries.”** Mr. Shadrin said.\n\nIn 2018 DAO IPCI protocol is being deployed by a Renewable Energy project developer to reward people in remote villages for using solar energy. The blockchain gets data from smart meters thatmeasure electricity consumption. Given the amount of energy used, the smart contracts will calculate the reward in tradable tokens. Besides Chile, (the host of COP25 next year) this project is now scaling to Africa and Brazil. Another project, accessible here and now, is the Carbon Offset Calculator, which allows air travelers mitigate their carbon footprint by buying carbon credits from existing environmental projects.  \n\n*Trustless unification*\n\nJoseph Pallant, a pioneering offset developer and founder of Blockchain for Climate Foundation, told attendees that blockchain technology presents the best solution for implementing Article 6 of the Paris Agreement “enabling cooperation in emissions reductions and investment across borders”.\n\nFor this purposes they would need ITMO - Internationally Transferable Mitigation Outcome of CO2 emission reduction, a carbon asset aimed to track the transfers of CO2 reductions between national accounts and to ensure the transparency required by the Paris Agreement.\n\n**“With blockchain, we can store individual information within the individual token, we can have one-time token for every ITMO, which will contain the information about country, project, unit and transaction,”** Mr. Pallant said. To start leading the way for the best practices, he works on blockchainizing Canada’s national Carbon Account.\n\n*Blockchain island*\n\nSang-Hyup Kim, chairman of Coalition for Our Common Future, invited people with ambitious projects in blockchain industry and green technology to develop them on the Korean “blockchain island”. Though South Korea is the state which prohibited all kinds of ICO. However, not to miss the advantages brought by blockchain, the authorities allowed creating a special zone.\n\n![jeju.jpg](https://cdn.steemitimages.com/DQmUZgDhAgdMz16Nf2noAv7N4JUTGnCAwqwifT4pHF3LYdy/jeju.jpg)\n\nThe self-governing province of Jeju is the largest island of Korea with about 700,000 people living there. What’s unique about it, it’s going to be special zone with regulatory sandbox without strict regulations for blockchain. Besides, Jeju has set the goal to become the carbon-free island by the year 2030 and actively implements innovative tools for energy: smart grids and storage systems. In Jeju ICOs will be permitted, and blockchain technologies will be applied to public services to upgrade their efficiency.\n\n**About the panel:**\n\nThe session was organized by Blockchain Climate Institute, SMEFUNDS (international NGO fighting to end poverty through the promotion of sustainable enterprise development in Africa) and DAO IPCI, a tech company which developed the world’s first open-source blockchain platform to issue and trade green financial instruments. The panel was represented by Alastair Marke and James Close (BCI), Alexey Shadrin (DAO IPCI), Joseph Pallant (Blockchain for Climate Foundation), Sang Hyup Kim (Coalition for Our Common Future) and Joseph Badevokila (CTCN).\n\nBlockchain Climate Institute (BCI), a think tank and advisory group which unites 80 experts from 30 countries, studies the opportunities to apply distributed ledger technology to such climate-related areas as: renewable energy investments, emissions trading and adaptation finance. The experts of the institute have issued the book “Transforming Climate Finance and Green Investments with Blockchain” to promote blockchain solutions which can accelerate global climate action and make them visible to the global audience. The role of Blockchain Climate Institute is to bring together policy-makers and innovators”.",
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      "body": "DAO IPCI co-founder Anton Galenovich will deliver a key-note speech at the 5th Seoul Climate and Energy conference covering public blockchain use-cases for impact assessment and carbon trading.\n\n![Seoul-Night-View.jpg](https://cdn.steemitimages.com/DQmeomyviJSXFhcepj1phfnj1sDB6pKy3KmncB8dTtn67J8/Seoul-Night-View.jpg)\n\nWe are sure that green finance and blockchain technology are able to prevent the “hothouse Earth” future, and we are happy to speak about our solution  at Seoul Climate–Energy Conference 2018 which will be taking place on 16 November.\n\nAnton Galenovich will speak on blockchain potential for mitigation of climate change at the Plenary session “Blockchain and Carbon Reduction” starts at 14.00. Other presentations will be made by Henry Chung, managing director of Draper Athena, Tom Baumann, Founder and Co-Chair of Climate Chain Coalition, Lee Soo Young at CEO of KOLON ECO ONE and Steve Zhu, CEO at Wealedger.\n\nSeoul Climate-Energy Conference (Seoul CEC) aims to impact global policy-making and enable the international community and leaders to better deal with the most pressing challenge of our time - the climate change. The event was first launched in 2014 by the collaboration between KAIST Graduate School of Green Growth and Coalition for Our Common Future.\n\nSeoul Climate - Energy conference is one of the most prestigious international events dedicated to sustainability and green development. World’s leading experts, business leaders and policy-makers unite and exchange ideas on countering climate change issues and developing climate resilient society. Seoul CEC is the 1st international conference in Korea that employs interdisciplinary methods specifically focusing on climate change and energy issues. Also every year Seoul CEC has delivered key outcomes of the conference to the United Nations Secretary-General and leaders of the global community before the United Nations Climate Summit where DAO IPCI is hosting the side event: BCI: Decentralized Integrity. Public Blockchain Cases for Sustainable Financing and Carbon Markets .",
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      "body": "(Interview with DAO IPCI co-founder Anton Galenovich for «Sputnik» radio station)\n\nReporter (R): - From the 5th to the 7th of September the 10th AFI Global Policy Forum is held is Sochi, and «Sputnik» radio station keeps its work at this forum.Here we have a portable studio, and Maria Merkulova is here to have a guest – Anton Galenovich, the chairman of  «Russian Carbon Fund». Mr. Galenovich, we are glad to have you here.\n\nAnton Galenovich (G): – Hello.\n\nR: - Mr. Galenovich, we know that you are the founder of the first and only functioning platform for market programs on the public blockchain. This is very interesting but very complicated as well. Tell us, please, what this platform is for, who it is for and how it helps – to develop financial inclusion as well.\n\nhttps://youtu.be/wrZdskkKOVs\n\nG: - Of course, financial inclusion as well. This is a platform for inclusion of climatic initiatives, created by us together with Russian developers on public blockchain – their team is very strong – and its main difference is that it is not a plan, a concept or a white paper, but a functioning product that has been working for 2 years now, and over 1,600 000 so-called carbon credits (green assets) – registered amounts of emissions of greenhouse gases -  have been produced on this platform. They have been verified by a serious accounting firm – KPMG company, produced in blockchain and verified there. The platform is a set of smart contracts, intended to verify, register and issue such results of environmental protection as the reduction of emissions of greenhouse gases, water pollution and other types of emissions and pollution – that is, any results that can be measured and verified by a serious independent auditor. They are issued in public blockchain, and one more difference of our solution, our platform is that the contracts are open and the platform can be used by anyone. Just some technical support is needed to do it, but anyone can use it. And we work with programs in Chile, in Canada, with an investment fund in Europe, and they all are planning to use this platform, launching their own, independent representative bodies. They will be managed by themselves, will use the same set of smart contracts, and they will decide themselves whether they should unite or connect with other programs.\n\nR: - So, if I understand if right –  with the help of this platform  any company or corporation willing to minimize their own harmful emissions will be able to make their business more environmentally-friendly, greener, and they can contact other people who can help them to do it using this platform, and create contracts based on co-operation?\n\nG: - Yes, you are right. We don’t rule these programs. «Russian Carbon Fund» has launched the first genesis program, it is called «Blockchain Climate Standard», but we don’t rule others, don’t run them, they are run by themselves, and we provide technical support – in creating additional applications for using this set of smart contracts, but how to use them is decided by the user. And if a company or a community or a corporation or a country wants to have the results of their activity – measured, registered and put into the public blockchain  - so this is a solution for them.\n\nR: - Welcome, so to say… Both the developing markets and the Alliance for Financial Inclusion which unites about 100 countries. And nowadays they talk more not only about uniting and connecting companies and corporations but also about making the economy and business more environmentally-friendly, this is becoming a trend. Not like in the past – profit was in the focus, and ecology was not so important. Now sustainability has become an essential part of running a business.\n\nG: - Yes, this is an economic model which includes ‘social expenses’ – that is, any harmful effects produced by any business, for example, one of the most harmful is coal mining – they harm the countryside, cut down forests, pollute the water and air, put at risk people’s health. And the economy suggests including these expenses into the cost of the product…\n\nR: - …and the final product will increase in price.\n\nG: - Yes, the final product will increase in price, and green technologies will become more commercially viable. On the other hand, if these expenses are included – who should get this money? Probably, those who reduce the damage.\n\nR: - Indeed.\n\nG: - If the money goes straight to those who reduce this harmful effect or fight the consequences, for example, it goes to some ecological insurance payments in order to prevent negative consequences,  it is a really viable model based on a different economic paradigm.\n\nR: - I have a question on environmental friendliness of some technologies and projects: for example, «Nord Stream-2» is believed to be ecologically harmful – water pollution and so on, but I hope in Russia they pay attention to such an important issue as ecology…\n\nG: As I have already said, any business has a downside – «collateral damage», so to say, potential or real, and another question is – how to measure it, that’s why there is a system of ecological audit and verifying the results. Such large projects, of course, should have an appropriate insurance fund in case of some catastrophic consequences for the environment. We have mainly economical approach to such things. It can sound cynically  -  Mother Nature shouldn’t be traded, but we say –  we should and must measure, trade and include these environmental costs into the mere economical process. Then the logic of economic co-operation will lead to our movement towards the good for the future generations. Otherwise we harm our children and grandchildren as a result.\n\nR: - It seems that you are right. Anton Yurievich, are there any initiatives, suggestions or projects that you found interesting here at the forum? In this paradigm – climate, financial inclusion, economic development, innovations… This is a really large field.\n\nG: - Yes, I agree, this field is quite large. I have participated in the section that concerns climate changes, and my colleagues from Bangladesh, Sierra Leone and China discussed the same things. There are so-called «transaction expenses» of including all the potential participants, all the stakeholders - and everybody is interested in climate change mitigation. And to get it to everybody costs a lot. And to overcome the barrier of high transaction costs and to get the instruments of financing to each consumer – and it is practically any person on the Earth – this is our goal. Besides, the sources of financing, banks should have an accurate and detailed accountability – where their money went and what happened in the end. So, these issues were concerned in the discussion – everybody is worried about that, and developing world in the first place.\n\nR: - Yes, of course, because they want to adopt the experience, practices and technologies that have already proved to be efficient, but are there any universal solutions? Probably not, because everybody is an individual.\n\nG: - I can surely say that our platform is universal for everybody (laughs). Well, there are some universal principles - for example, the chain of agents should be shortened. It is peering, one-level co-operation where agents work with each other directly. The farther we move towards this model, the more efficient it will be – the ecologically responsible economy.\n\nR: - Blockchain is becoming one of those «whales» on which the future of economic development is based – not only for years but decades…\n\nG: - Of course, there are certain «illnesses of growth» - plenty of projects, presentations and declarations, but these are natural and they can be overcome. Maybe in the end, just 5 or 10 percent of them will survive, but this is really not only move towards a new technology but towards a new economic paradigm. It is a direct co-operation of people and communities with each other, without middlemen and barriers, and this is way more efficient.\n\nR: - What can you say about this forum? 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I remind you that it was «Sputnik» radio station at AFI Global Policy Forum and our guest was Anton Galenovich, the chairman of «Russian Carbon Fund».",
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      "body": "(Interview with DAO IPCI co-founder Anton Galenovich for «Sputnik» radio station)\n\nReporter (R): - From the 5th to the 7th of September the 10th AFI Global Policy Forum is held is Sochi, and «Sputnik» radio station keeps its work at this forum.Here we have a portable studio, and Maria Merkulova is here to have a guest – Anton Galenovich, the chairman of  «Russian Carbon Fund». Mr. Galenovich, we are glad to have you here.\n\nAnton Galenovich (G): – Hello.\n\nR: - Mr. Galenovich, we know that you are the founder of the first and only functioning platform for market programs on the public blockchain. This is very interesting but very complicated as well. Tell us, please, what this platform is for, who it is for and how it helps – to develop financial inclusion as well.\n\nhttps://youtu.be/wrZdskkKOVs\n\nG: - Of course, financial inclusion as well. 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They are issued in public blockchain, and one more difference of our solution, our platform is that the contracts are open and the platform can be used by anyone. Just some technical support is needed to do it, but anyone can use it. And we work with programs in Chile, in Canada, with an investment fund in Europe, and they all are planning to use this platform, launching their own, independent representative bodies. They will be managed by themselves, will use the same set of smart contracts, and they will decide themselves whether they should unite or connect with other programs.\n\nR: - So, if I understand if right –  with the help of this platform  any company or corporation willing to minimize their own harmful emissions will be able to make their business more environmentally-friendly, greener, and they can contact other people who can help them to do it using this platform, and create contracts based on co-operation?\n\nG: - Yes, you are right. We don’t rule these programs. «Russian Carbon Fund» has launched the first genesis program, it is called «Blockchain Climate Standard», but we don’t rule others, don’t run them, they are run by themselves, and we provide technical support – in creating additional applications for using this set of smart contracts, but how to use them is decided by the user. And if a company or a community or a corporation or a country wants to have the results of their activity – measured, registered and put into the public blockchain  - so this is a solution for them.\n\nR: - Welcome, so to say… Both the developing markets and the Alliance for Financial Inclusion which unites about 100 countries. And nowadays they talk more not only about uniting and connecting companies and corporations but also about making the economy and business more environmentally-friendly, this is becoming a trend. Not like in the past – profit was in the focus, and ecology was not so important. 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There are so-called «transaction expenses» of including all the potential participants, all the stakeholders - and everybody is interested in climate change mitigation. And to get it to everybody costs a lot. And to overcome the barrier of high transaction costs and to get the instruments of financing to each consumer – and it is practically any person on the Earth – this is our goal. Besides, the sources of financing, banks should have an accurate and detailed accountability – where their money went and what happened in the end. So, these issues were concerned in the discussion – everybody is worried about that, and developing world in the first place.\n\nR: - Yes, of course, because they want to adopt the experience, practices and technologies that have already proved to be efficient, but are there any universal solutions? Probably not, because everybody is an individual.\n\nG: - I can surely say that our platform is universal for everybody (laughs). 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      "body": "Rhode Island Government filed a complaint[1] in Providence/Bristol County Superior Court to sue oil companies over the effects of climate change, seeking damages for the costs associated with protecting the state from rising seas and severe weather.\n\nDAO IPCI Team has offered to support the claim.\n\nDAO IPCI public blockchain solution (http://dapp.ipci.io ) allows for the backing of claims for environmental damages in the form of “the claim tokens” issued via specific smart contract (Security Deposit Contract) by the Plaintiff or his representatives or by the third party in support of primary claim. \n\nThe more support the lawsuit gets from the people the larger is the requested relief. Verification of the claim tokens is subject to the Award of the Court. The Defendants may choose to ignore the claim, reimburse damage by buying out the claim tokens or to offset the damage with the verified results of mitigation measures if there are any. All of the operations are public, transparent and supported by documentation uploaded to the distributed file storage system.\n\n[1] https://insideclimatenews.org/news/02072018/rhode-island-climate-change-lawsuit-fossil-fuel-industry-rising-sea-levels-heat-waves-storms\n\nhttps://image-store.slidesharecdn.com/cc8ff5bd-2798-4c8d-b2be-4a730a77c57d-original.jpeg",
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      "body": "@@ -1,48 +1,4 @@\n-Anton Galenovich, PhD, DAO IPCI co-founder%0A%0A\n The \n@@ -5365,8 +5365,56 @@\n  theft%E2%80%9D.\n+%0A%0A**Anton Galenovich, PhD, DAO IPCI co-founder**\n",
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      "body": "Anton Galenovich, PhD, DAO IPCI co-founder\n\nThe number of environmental projects on blockchain is growing exponentially. It is substantiated by the reasons including those described in “That’s where public blockchain is indispensable”. The least evil is that the projects are not interoperable and ruthless competition for one and the same limited circle of addressees makes them largely inefficient. Evolutionary selection will do the job. It would be much worse if the process was centralized and channeled by “higher authorities”.\n\n![Confucius.png](https://cdn.steemitimages.com/DQmPb2RJtpAxzkgK6rCNzojCKV1sVD4pRncFZuVHrNdAAdY/Confucius.png)\n\nThe major issue is that the integration of environmental markets and blockchain means introduction of the new economic paradigm, which became practical, thanks to public blockchain. Many of the project are still trying to reproduce conventional schemes on the basis of new technology just putting old wine into new bottles.\n\nObservations on the vices characteristic for many of the environmental programs including those that are being transferred to blockchain make one ask if it is green wash, simplicity or scam.\n\nA commonly spread concepts that individual has to make effort to change their lifestyle to reduce environmental footprint are well intended but might be actually harmful. They distract attention from far more efficient market solutions and the fact that individual efforts are economically wasteful. The individual costs of substituting one’s car for a bicycle or a subway or abstaining from eating meat may be excessive but actually would be worth a few tons of CO2-equivalent reduction a year at maximum. At the same time, buying out the rights to pollute the environment from large emitters or paying for actual mitigation outcomes is much more efficient and subjectively much less costly.\n\nThe only institution that makes such comparison of costs and such choice possible is environmental market. But markets are not an ideal construction they are created by people, and here is another catch –they might be created poorly. In fact, numerous offers to offset environmental footprint are minimarket solutions to reimburse environmental damage in-kind. To be considered as fair these solutions have to be justified on both ends, on the demand side, i.e. in terms of calculation of environmental footprint, and on the supply side, i.e. in terms of quality of offset credits. In many cases calculation is not just too approximate but straightly fraudulent. Calculating specific personal carbon footprint is a complex endeavor. The methodologies used should be transparent and at least reviewed and endorsed by the expert community. Selection and quality of offset credits are even more important. People, who pay to offset environmental damage would expect that offset credit are worth the name. Offset credit should be real, absolute, permanent, verified, enforceable and measurable. At the minimum, there should be an adequate and traceable selection of standards applied, project types and prices to make a choice.\n\nNot a day passes by without a technical panacea proclaimed to resolve global or local environmental problem. And who could say, maybe those engineering solutions or technical standards are a universal remedy. However, correct judgment requires complex expertise non-achievable in most cases. That’s where prices come in. Prices essentially communicate information. They bring the information necessary to make a decision to a minimum and solve the problem of integrating knowledge on complex issues. Unfortunately, if it is not a market price, it would distort the result and its’ communication function dramatically. Besides, in many cases promoters of technical solutions tend to seek government or other authority arbitral support rather than compete.\n\nThere is also a widely accepted concept of the importance of co-benefits of any enironmetal activities and projects. While primum non nocere (first, do no harm) is in fact the primary principle, once no one can serve two masters principle is breached, the most effective solutions become least competitive. Sometimes it is true that Bolivar cannot carry double.\n\nThe last but not least of the observations to mention here is that the terms and wordings used are often obscure to the extent that opponents might use same words with opposite meanings. One of evident examples is carbon pricing. It looks like recently in most cases the expression means “carbon tax”, which is not exactly an economic but rather administrative regulatory measure, coercion. People may appraise it or criticize the inefficiency of carbon pricing but the arguments are hollow until they cover truly market prices. The difference between tax and market price, between communication signal sent by the government, an instrument of expropriation, and a communication signal sent by free market, is huge, mixing them together in one clumsy expression is more than confusing. Confucius advised to rectify names in the first place to make words correspond to the meaning. It is especially important in the matters, where people tend to trust and rely on the words pronounced by the opinion leaders.\n\nIt is probably not the prevailing case, when these vices are actually a green wash or a scam. More often, it is a result of simplification. But as an old Russian proverb says, “Naivety is worse than theft”.",
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      "body": "The members of DAO IPCI team contributed to the first-ever book on application of blockchain technology for sustainability. \n\nA collaboration of over 40 climate and blockchain experts from more than 20 countries, “Transforming Climate Finance and Green Investment with Blockchains” may be the world’s first book to explore the ways in which this revolutionary ‘trust machine’ can scale and speed up international climate finance flows so important to our planet’s survival.\n\nhttp://ipci.io/wp-content/uploads/2018/07/%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA-%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0-2018-07-02-%D0%B2-11.27.48.png\n\nBy issuing this book under the supervision of the sustainability expert Alastair Marke, Blockchain Climate Institute (former International Core Group on Blockchain Climate Finance) aims to raise awareness among stakeholders in the international climate change policy community of the tremendous potential of blockchain technology to considerably enhance climate actions at multiple levels.\n\nBlockchain is already being used in different areas, such as social media, real estate operations, retail, energy trade. It's a distributed ledger technology that records information on multiple different computers at once in a way that ensures both incorruptibility and transparency. It has the potential to revolutionize currency, governments and corporations — and the climate as well, through facilitating renewable energy grids, accelerating international climate finance, and empowering consumers to make climate-conscious decisions. It can cut bureaucracy costs and provide the trust and the necessary level of verification for effective climate investment.\n\nThe research aims to fill the gap in understanding this transformative technology and delve into the multiple use cases across the spectrum of climate action. Chapters include blockchain applications in renewable energy smart grids, climate finance transfers, clean technology transfers, carbon markets, the enforcement of green finance regulations and much more.\n\n“Transforming Climate Finance and Green Investment with Blockchains” has been published by Elsevier today, 2 July 2018. It is now available in numerous online bookshops across the world. The electronic version will be available in about 2 weeks.  Readers can join a e-forum on LinkedIn readers can ask questions to the authors. It's moderated by Alex Harris, the author of Chapter 2. DAO IPCI co-founders Anton Galenovich, Sergey Lonshakov and Alexey Shadrin - wrote a chapter for this book: \"Blockchain ecosystem for carbon markets, environmental assets, rights and liabilities: Concept design and implementation\".\n\nBlockchain Climate Institute is a non-profit entity combining the functions of a think-and-do tank and an advocacy group. Its executive director is Alastair Marke, a climate finance advisor and an experienced climate change policy researcher. The deputy secretaries of its executive council are Alexey Shadrin, the co-founder of DAO IPCI and Xiaocheng Zhang, the president of Fintech4Good. The Chairman of Advisory Board is Miroslav Polzer, founder and CEO of International Association for the Advancement of Innovative Approaches to Global Challenges (GLOCHA). the Head of Impact Evaluation is Joseph Pallant, the head of Brinkman Climate and Blockchain for Climate initiative. \n\nThe Institute works to provide a ‘super connector’ platform among policy-makers, corporate executives and Blockchain innovators for experimenting and adopting the most viable concepts in an enabling environment.\n\nReviews:\n\n“Blockchains, or more broadly distributed ledger technologies, hold a great potential to spur innovation in a wide range of areas including peer-to-peer renewable energy trading, supply chain management, land titles, and climate finance and investments. “Transforming Climate Finance and Green Investment with Blockchains” can play an important role to raise awareness and to provide in-depth academic insights on these emerging [exponential] technologies and their applications in the context of the urgent response needed to address climate change.” -Alexandre Gellert Paris, United Nations Climate Change Secretariat\n\n“Blockchain technology has significant potential to increase confidence in asset ownership, improve transparency and enhance efficiency and effectiveness in support of the World Bank Group's goal to eradicate extreme poverty. We see interesting applications to accelerate decarbonization and broaden and deepen carbon markets through innovative solutions enabled by blockchain technology. This book is a valuable contribution to a debate which is starting to engage institutions, policy makers and practitioners.” - James Close, Former Director of Climate Change, World Bank\n\n“Digital ledger technologies offer the potential to transform the way we store, exchange, and record economic value and will develop over the same time period as the Sustainable Development Goals. This important book marks an early milestone in our understanding of how blockchain can play a role in confronting climate change, and will remain a key reference for policymakers to understand the potential this transformation will make possible.” - Darius Nassiry, Former Adviser to the Director-General of the Global Green Growth Institute.",
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      "body": "Why blockchain is indispensable for solving climate-related issues? What are crucial differences of DAO IPCI from other platforms trading in carbon credits? Our Whitepaper 5.0 has been published for reading and discussion! \nhttp://ipci.io/wp-content/uploads/2018/06/WP_5.0-2.pdf\n\nRussian Carbon Fund Program -  Genesis Program operating in DAO IPCI – has been renamed for Blockchain Climate Standard (BloCS). For the moment, 1.6 million carbon credits have been verified by KPMG and issued under BloCS in DAO IPCI. \nhttp://ipci.io/wp-content/uploads/2018/06/Blockchain-Climate-Standard.pdf![news-WR5.png](https://cdn.steemitimages.com/DQmVQgeBAQpAxRsgtfzq98HxqBkVNHvn5StHxnjS68ZEgn8/news-WR5.png)\n\nBloCS DAO Core Ethereum address: 0x0091DeC954D68362608Dc90A606F638FBadf21D4",
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      "body": "![news-own-digital-money.jpg](https://cdn.steemitimages.com/DQmVMSKJBUJxXr7A6sXpWYSw7bsfiwtM1wJSLBLvi3UQKr7/news-own-digital-money.jpg)\n\n\nAnton Galenovich, PhD\nFounder, DAO IPCI\n\nThinking about blockchain solution for the social costs problem[1] brings about some basic ideas on ‘blockchain avatar of market economy in general.\n\nFundamental concept for issuance of independent currencies is that artificial state monopoly for money emission suppressing other currencies, is harmful in respect of inflation and unemployment, restrictions on movement of people money and goods, social conflicts, unrestrained budget expenditures, economic nationalism. Government monopoly for money should be abolished. From the very beginning blockchain technology and its first manifestation, Bitcoin, brought to life a simple though disruptive concept: that anyone can issue his own global money with minimum transaction costs.\n\nActually, monopoly for money by the governments has already ended, and denationalization of money[2] has begun. Suppression by the governments of currencies issued by entities, persons or even machines, is hopeless, does not make sense and will eventually stop. At the end of the day, it is up to person himself to choose which of the currencies to use for each specific trade or to store value. On the other hand, it is up to the Issuer to choose the scheme of issuance of “his money”.\n\n\nMarket is the core element for the currency. You might want to consider what markets your currency is going to be used on. Is it only for external exchanges or you would want to create your own market? Other elements like issuance, verification or retirement of asset-based, or service-based tokens provide for the quality, traceability of market instruments.\n\nThere is a dominant economic idea that the market supply, demand and turnover determine the amount of the currency needed. However, the fundamental parameter still is the market demand for the currency. “The state of the market at any instant is the price structure, i.e., the totality of the exchange ratios as established by the interaction of those eager to buy and those eager to sell.”[3] Analogue to quantum mechanics, there is no seamless process of ‘dynamic balancing’. Individual trade acts as ‘quantum’ of market activities. So some instrument to track the demand for the token is needed.\n\nHowever popular “one-time” sale of the limited amount of tokens representing the currency is not the only option. Proof-of-Work algorithms to issue currency with all the benefits, unfortunately, are not a market feature. Proof-of Stake also do not fully reflect market demand for the token. Alternatively, a mechanism based on market demand for the token may be created. For this purpose initial crowd-offering might be targeted at understanding the initial demand and initial level of price acceptable for different buyers however unpredictable those might be. For example to understand the potential Ceiling price for the currency. A permanent token issuance mechanism (contract) can be launched on this basis. For example, a contract that offers issuance of new tokens at the Ceiling price. If the proceeds from the contract go to previous Buyers, their interests would be sustained. When there is enough data from the smart-contract accumulated, Artificial Neural Network may take over setting the contract price for the token issuance. This way the Issuer provides options to the Buyers whether to use the token on the Market to buy goods and services offered, to buy more tokens, to store for the future or to go to an external exchange.\n\n[1] https://medium.com/dao-ipci/blockchain-incarnation-of-the-coase-paradigm-563f12b0adaa\n\n[2] See Friedrich Hayek, Denationalization of Money, Institute of Economic Affairs, 1976\n\n[3] Human action: a treatise on economics, by Ludwig von Mises, 4th rev. ed., San-Francisco, 1996, p. 258",
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