When new technologies like electricity or the dishwasher took off in the 20th century, most of the people racing to adapt them had no idea what trading candles for light bulbs would do to the Earth's climate.
Researchers at the University of Hawaii have set out to make sure that doesn't happen again when it comes to a 21st century technology that has some people very excited: Bitcoin.
- How Blockchain Technology Could Transform the Food Industry ›
- Bitcoin Is Not Only Unaffordable, It's Also a Massive Energy Hog ›
EcoWatch Daily Newsletter
By Sylvain Charlebois
There has been a lot of noise on cryptocurrencies and Bitcoin of late. While some suggest cryptocurrencies are a fraud, others believe them to be the next biggest economic revolution the world has seen since the internet. Bitcoin has brought to light blockchain technology, which offers great potential for food safety and verification in the agrifood sector. Yet it is far from being the panacea for a range of issues affecting the industry—at least for now.