Energy efficiency is increasingly on everyone’s agenda between climate change concerns, ESG ratings, and elevated electricity prices due to the ongoing conflict. Governments and environmental bodies worldwide are constantly urging everyone to contribute towards making the planet more energy efficient. Although blockchain networks like Bitcoin (BTC-USD) have found themselves in the news for their high power consumption, blockchain-powered initiative EFFORCE is helping organizations and institutions bring down their energy consumption. By introducing tokenization via non-fungible tokens (NFTs) in the energy efficiency industry, EFFORCE helps companies improve their consumption while adhering to Environmental, Social, and Governance (ESG) guidelines.
