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Top Blockchain News for Sep 10, 2023

September 10, 2023

Welcome to Morning Blockchain, where we serve up a refreshing blend of blockchain and cryptocurrency insights to help you power through your work week. Today, take a moment to unwind and sip some tea as we explore how blockchain technology can monitor carbon capture, and dive into a regulatory-friendly privacy solution for public blockchains. So, kick back, relax, and get ready to stay ahead of the game in this ever-evolving space. Cheers!

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Sucking carbon dioxide out of the sky is moving from science fiction to reality Occidental Petroleum is investing in billion-dollar projects to extract carbon dioxide from the atmosphere, a technology that is becoming increasingly important for addressing climate goals; this is relevant to blockchain and cryptocurrency because the use of blockchain technology can potentially play a role in monitoring and verifying the carbon capture and storage process, ensuring transparency and accountability in the industry. Key crypto industry figures see promise in Privacy Pools proposal The article discusses a paper co-authored by Vitalik Buterin proposing a regulatory-friendly mixing protocol called Privacy Pools on Ethereum, which has garnered support from major figures in the cryptocurrency industry; this is relevant to blockchain and cryptocurrency as it presents a potential solution for maintaining privacy on public blockchains while addressing regulatory challenges.