rBlox Partners with CoreLedger to Reduce Blockchain Carbon Footprint

We are thrilled to announce a partnership with rBlox, a technology infrastructure provider specializing in internet optimization.

Their solution to the problem of energy consumption, stemming from the ever-increasing interconnectivity of users and devices on the internet, comes in the form of network software that is optimized to limit energy consumption and can significantly reduce the carbon footprint of network-heavy business processes.

At CoreLedger, we believe in blockchain technology as a tool for industry applications and business processes. This tool is meant to help increase the profitability of products and services by making them globally available and accessible to new customer segments. But with high transaction costs, businesses won’t be able to benefit from blockchain. These costs are primarily caused by energy consumption, which is also blamed for blockchain’s reputation as not being very green.

To solve this problem, in 2019 CoreLedger launched SparkNet which can be used with absolutely no transaction fees by CoreLedger customers. SparkNet uses a POA consensus mechanism, which is one of the most efficient protocols available. By partnering with rBlox we aim to make it the blockchain with the lowest carbon footprint in existence, as their solution will make SparkNet even greener.

As our Token Economy Operating System (CoreLedger TEOS), a solution to quickly integrate Distributed Ledger Technology (DLT) into various business processes across industries, is blockchain-agnostic it can run on practically any programmable blockchain, including SparkNet. We are looking forward to a fruitful partnership with rBlox that will make blockchain technology greener and more affordable and accessible to all!

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