The energy industry is experiencing new dynamics that are forcing providers to switch to clean and sustainable energy in order to fight climate change. Blockchain, according to a report, has the potential for helping the industry reach its climate goals.

Chainlink Labs, Tecnalia Research, and Chainlink Labs compiled the report “Managing Climate Change In The Energy Industry With Blockchains And Oracles.” The report describes how the blockchain can be used to help manage climate change in the energy industry, including tokenization and hybrid smart contracts.