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Samsung uses blockchain technology to address climate change
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Samsung Electronics America announced Monday at the CES tech conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant 2 million mangrove trees in Madagascar over the next three months. Veritree uses blockchain technology to manage the reforestation process and verify each tree that is planted.
The tree-planting initiative is part of Samsung’s nature-based action plan on environmental sustainability, specifically to capture and sequester carbon
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