Linda Adami is the founder and CEO of Quantum Temple, a Web 3.0 platform preserving cultural heritage.
In other words, it's a way of thinking about the economy that takes into account the negative externalities that have often been ignored by traditional capitalism. This includes things like environmental destruction, social inequality and financial instability. In an effort to mitigate some of the damage of industrialization, various carbon trading schemes have been created. These schemes allow companies to offset their emissions by investing in projects that remove carbon from the atmosphere.The problem with most carbon trading schemes is that they're often riddled with corruption and lack transparency. This is where Web3 comes in.
NFTs can be used to create verifiable and immutable records of tangible and intangible cultural artifacts. It might sound odd to “tokenize” a ceremony, language or any aspect of a local culture – but I mean it in the literal not proverbial sense.Blockchains not only make it easier to keep track of these units of culture, but also enable people to share their art and insight with the world.
One area that is ripe for disruption is impact investing. Impact investing is a type of investment that aims to generate both financial returns and social or environmental impact.
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