On Tuesday, the Hedera team announced via a blog post that Blockchain for Energy (B4E), a non-profit consortium of leading global energy companies, has joined the Hedera Council to drive progress in sustainability and emissions reporting.
B4E provides a secure environment for energy stakeholders to collaborate on blockchain-powered solutions that streamline workflows and strengthen environmental performance.
B4E utilizes Hedera technology in B4ECarbon, the first fully integrated emissions management platform for the energy industry. As part of its council membership, B4E will explore additional opportunities in sustainability that advance its mission to drive efficiency, reduce costs, accelerate timelines, and enable industry-wide innovation.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.15247 at press time, down 0.5% over the last 24 hours.