In a case of first’s Samsung Electronics America disclosed at the CES Tech Conference held on Monday, January 3 2021, that the company plans to use blockchain technology to track a tree planting initiative in Madagascar.
In keeping with Samsung’s commitment to environmental sustainability, they are planting trees as part of its nature-based action plan. To achieve their objective, Samsung will partner with a blockchain-based climate solutions platform called Veritree.
The project is expected to last for three months, and the company is planning to over plant 2 million mangrove trees within this period.
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