What is Ethereum Green Application Layer | Ethereum 2.0 Unveiled | NBIC
Channel: NBIC Native Blockchain Infrastructure Company
Date: 2022-09-23

➡ While Ethereum consumes very little energy, it also has a sizable, growing, and highly active regenerative finance (ReFi) community. 

➡ ReFi applications use DeFi components to create financial applications with positive environmental externalities. ReFi is part of a larger "solarpunk" movement that, like Ethereum, aims to combine technological advancement and environmental stewardship. 

➡ Ethereum's decentralized, permission less, and composable nature makes it an ideal foundation for the ReFi and solarpunk communities. Ethereum is becoming an environmentally and socially positive technology as a result of the development of these (and others, such as DeSci).


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