BitSeed Proposes the Use of Virtual Money to Plant 1 Billion Trees
Laura McQuarrie — May 2, 2015 — Eco
References: bitseeds.org & treehugger
Virtual money that takes the form of a paperless currency has the potential to cut down on a huge amount of environmental waste, but BitSeeds aims to push this idea even further.
Like BitCoin, BitSeeds is an alternative virtual cryptocurrency with an emphasis on making the world a better place. For every BitSeed created, the aim is to reforest the planet by planting one tree. In collaboration with the Rainforest Foundation, BitSeeds has a goal of planting a billion new trees in order to cut down on deforestation.
This currency can be used in any country and sent through the Internet, with no associated fees. BitSeeds can be traded online for goods, services and cash. As use of alternative cryptocurrency grows, many new types are on a mission to promote wealth in social and environmental good.
Like BitCoin, BitSeeds is an alternative virtual cryptocurrency with an emphasis on making the world a better place. For every BitSeed created, the aim is to reforest the planet by planting one tree. In collaboration with the Rainforest Foundation, BitSeeds has a goal of planting a billion new trees in order to cut down on deforestation.
This currency can be used in any country and sent through the Internet, with no associated fees. BitSeeds can be traded online for goods, services and cash. As use of alternative cryptocurrency grows, many new types are on a mission to promote wealth in social and environmental good.
Trend Themes
1. Virtual Currency - Using virtual currency as a paperless alternative has the potential to reduce environmental waste.
2. Blockchain Technology - Implementing blockchain technology in virtual currencies like BitSeeds can enable transparency and trust in transactions.
3. Sustainable Finance - The concept of using virtual money to promote environmental good showcases the rise of sustainable finance.
Industry Implications
1. Cryptocurrency - The cryptocurrency industry can explore innovative methods like BitSeeds to drive social and environmental impact.
2. Financial Technology (fintech) - FinTech companies can leverage the potential of virtual currencies and blockchain to revolutionize global transactions.
3. Green Technology - The green technology industry can embrace the use of virtual currency to support eco-friendly initiatives and combat deforestation.
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