In a groundbreaking move, Sei Labs and Foundation teams are spearheading a new era of sustainability in blockchain infrastructure. Understanding the environmental concerns surrounding blockchain technology, Sei is committed to becoming a carbon-neutral blockchain, going above and beyond industry standards.
The Path to Carbon Neutrality 🍃
To achieve operational carbon neutrality, Sei Labs is implementing a two-pronged approach:
Proof of Stake Consensus Mechanism 🌐:
Sei adopts a "proof of stake" consensus mechanism, consuming 99.9% less energy compared to traditional "proof of work" blockchains like Bitcoin.
This means Sei operates efficiently, eliminating the need for energy-intensive mining rig facilities.
Tokenized Renewable Energy Certificates by Jasmine ⚡:
Sei Labs leverages a revolutionary RWA primitive: Tokenized Renewable Energy Certificates issued by Jasmine.
These certificates ensure that all energy consumed by Sei is sourced from renewable energy, contributing to a greener blockchain.
Jasmine Energy Partnership 🤝
Sei Foundation partners with Jasmine Energy, a decentralized market for climate assets, to tokenize Renewable Energy Certificates. This partnership is a significant step towards transparency and accountability in sustainable energy use.
Key Features of the Partnership:
Tokenized RECs 🔄:
Sei Foundation commits to issuing a grant for the purchase and retirement of Green e-Certified RECs.
Each MWh of energy used by Sei Blockchain will see the purchase and retirement of at least 1MWh of RECs on the Jasmine Energy platform.
Traceable Ownership 📊:
Jasmine Energy's tokenized RECs provide a fully traceable history, ensuring transparency from energy generation to consumption.
The REC market facilitates the acceleration of the green transition in technology.
Leaders in Sustainability 🌿
Jay Jog, Co-Founder of Sei Labs, states, "We're proud to partner with Jasmine Energy to ensure the Sei Blockchain’s operations are effectively carbon neutral." This initiative not only leads the way in sustainability but also highlights the potential for a greener, more responsible future in technology.
Nathalie Capati, Jasmine Energy Co-Founder & CEO, echoes the sentiment, "Sei is not only leading the way but also highlighting the immense potential for a greener, more responsible future in technology."
About Jasmine Energy 🌐
Jasmine is a decentralized market for climate assets, committed to accelerating the net-zero transition. Learn more at Jasmine Energy.
About Sei 🔗
Sei is the fastest Layer 1 blockchain, setting new standards in performance and scalability. For more information, visit Sei's official website.
Embrace the future with Sei Blockchain – where sustainability meets innovation! 🚀🌎
$SEI
#SEI #natural #blockchain #Technology
