Researcher SMQKE has shared a key academic citation about the role of XRP Ledger in addressing environmental challenges in the hospitality and tourism industry.
Academic Support for Blockchain-Based Sustainability
The quote shared in SMQKE's tweet comes from a peer-reviewed academic journal, emphasizing how carbon-neutral blockchains like XRP Ledger can help create carbon credits for businesses involved in international payments and transactions. The authors highlight that traditional banking infrastructure significantly contributes to the carbon footprint in the hospitality and tourism sectors.
UN Goals and the Shift to Green Operations
The document also mentions that hospitality businesses are increasingly seeking sustainable solutions in alignment with the United Nations Sustainable Development Goals. Blockchain technology can not only reduce energy consumption but also help quantify environmental actions through tokenized carbon credits.
Benefits of XRP Ledger for the Hospitality Sector
SMQKE's emphasis on XRP Ledger points out that it is not only a fast and cost-effective solution for transactions but also an environmentally responsible option. The consensus model of XRP Ledger offers a clear alternative to traditional energy-intensive systems, making it appealing to the hospitality and tourism sectors.
Thus, XRP Ledger provides hotels and tourism businesses with environmentally friendly solutions to reduce their carbon footprint and implement sustainable practices, aligning with contemporary ecological requirements.
