South Korean city Chuncheon has teamed up with blockchain start - ups Swytch to reduce carbon emissions . Texas - based technology uses smart meters and blockchain technology to track and verify the carbon emissions of green power generation and other sustainable actions . It then uses artificial intelligence and machine learning to to determine how much carbon is displaced , rewarding individuals and businesses who cut their emissions with Swytch technology .
South Korean city Chuncheon has teamed up with blockchain start-up Swytch to reduce carbon emissions. Texas-based Swytch uses smart meters and blockchain technology to track and verify the carbon impact of green power generation and other sustainable actions. It then uses artificial intelligence and machine learning to to determine how much carbon is displaced, rewarding people and businesses who cut their emissions with Swytch tokens.