Fecha de publicación:
26/07/2023
Fuente: WIPO "sustainability"
A system for providing sustainability-driven blockchain platform is disclosed. The system comprises a processor and a memory unit comprising a set of instructions executable to perform a paradigm shift from a for-profit to a for-benefit by embedding sustainability and social impact in a runtime logic. The firechain creates a user-centric sustainability-driven ecosystem to achieve sustainability deep inside a consensus mechanism and runtime logic. It allows a nominated proof-of-stake scheme with cutting-edge blockchain to have strong security guarantees. Also, it achieves high transactional throughput and enable the migration of real-world use cases that need high scalability promises on-chain, and enables cross-blockchain transfers of any type of data through bridges. Further, it upgrades the runtime logic without hard forking. The system interoperates with a variety of blockchains configured to enable cross-blockchain transfers of any type of data through bridges.