Chia Network to Develop Prototype for World Bank’s Climate Warehouse

Chia Network to Develop Prototype for World Bank’s Climate Warehouse
Chia Netwok, the smart transaction, energy-efficient platform created by BitTorrent founder Bram Cohen, is developing a data-sharing prototype for the World Bank’s Climate Warehouse, the company said on Friday. The World Bank selected Chia for the initiative, which will enable the Climate Warehouse “to facilitate the transparent sharing and reporting of climate project information and its issuances,” Chia said.The Climate Warehouse, part of the World Bank’s Carbon Markets and Innovation unit, was launched to help countries meet pre-set targets for carbon emissions that are leading to climate change. San Francisco-based Chia aims to reduce public blockchains’ energy dependency. The company…