This Blockchain Project Wants to Save the Rainforest in Peru
Cryptovest
Published Sep 10, 2018 01:44AM ET
Updated Sep 10, 2018 03:00AM ET
This Blockchain Project Wants to Save the Rainforest in Peru
An entrepreneur in Peru is using blockchain to create a new initiative that will make biodiversity conservation profitable in the region. He also plans to build a boutique hotel designed by IBUKU, reports Gestion.pe.
Rafael Benavides is transforming 20,000 hectares of property situated in one of the few unprotected parts of the rainforest near Tarapoto. The project is called Bosque Guardian and it aims to preserve the forests near Tarapoto and provide a condominium of cabins around a boutique hotel specializing in nature, conservation, and research.
The foundation is launching a cryptocurrency to pioneer a new way to raise funds transparently and encourage reforestation.
"We are in the process of completing our partnership with Chainzilla and Komodo Platform, which is based on Bitcoin. This means that Bosque Guardian is going to issue a token called Guardian Coin,” said Benavi...
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