Blockchain's Role in our Sustainable Future - May 2021

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Blockchain's Role in our Sustainable Future - May 2021
May 2021

Volume 5

Blockchain’s Role in our
Sustainable Future.
Blockchain's Role in our Sustainable Future - May 2021
Table of Contents
Page 3 | Corporate Members

Page 4 | Blockchain’s Role in our Sustainable Future

Page 5 | Feature Profile: Alexis Pappas

Page 6 | Special Industry Report

Page 8 | Emerging News Articles

Page 9 | Article: The Ultimate Guide to Understanding

           Bitcoin: Part I

Page 12 | Upcoming Free Educational Classes

Page 13 | Upcoming CBAW Event: Women in the New

             Economy 
Opportunities for Leadership in

             Crypto, Blockchain and Digital Markets

Page 15 | Podcast Interviews

Page 16 | Article: BRADLEY: Alberta should add

             bitcoin to its balance sheet

Page 18 | Perspective: Can Blockchain and

           Tokens Unlock New Energy

           Investment?

Page 21 | Announcing Canada Blockchain Week.

Page 22| Upcoming Webinars.

Page 25 | Directory.

                                                           2
Blockchain's Role in our Sustainable Future - May 2021
Digital Currency

CORPORATE
MEMBERS
    Finance

    Business

                     Legal

   Technology

    Energy

                                   3
Blockchain's Role in our Sustainable Future - May 2021
Blockchain’s Role in                                  From carbon credits and offsets to certified

our Sustainable                                       net-zero energy production, global investors
                                                      and energy consumers are demanding proof of

Future                                                sustainability — and linking to IoT and digital
                                                      sensors along the resource value chain,
As industries begin to emerge from the                blockchain can create immutable tokens that
pandemic, Environmental and Social                    incorporate energy’s full environmental
Governance (ESG) has become one of the top            profile.

priorities across sectors like energy, aviation
and manufacturing. The desire to “build back          The new digital asset marketplace has also
better” has led to a renewed focus on ecological      started to gain momentum as a way for NGOs
sustainability and social good, and businesses        to crowd-source funding for social good
are embracing advanced technologies like              projects, with

blockchain to achieve their ESG goals.

                                                      Hydrogen: The clean energy economy is
Over the past year and a half, the urgent need        building in advanced digital technologies from
to evolve has been clear. The COVID-19 crisis         the beginning — in the case of hydrogen,
demonstrated just how interconnected and              multiple projects around the world are using
interdependent we all are – and showed                blockchain applications to certify the energy’s
weaknesses in our existing systems that may           ESG profile and carbon-intensity.

not withstand another global disruption.

According to Julie Moret, head of Franklin            Food Security: The pandemic put a massive
Templeton’s global ESG division,                      strain on global food supply chains, and
environmental and social performance is now           blockchain applications are a growing way to
intrinsically linked to building a crisis-resilient   build trust in food safety and provenance while
future.
                                            creating more robust and automated supply
                                                      networks that can withstand future shocks.rder
“The crisis has underscored our conviction            payments project.

that companies which take environmental and
social issues into consideration and have good        Renewables: Fundraising for renewable
standards of corporate governance, will likely        energy projects is a strong use case for
be more resilient businesses and better at            blockchain, especially for decentralized forms
navigating periods of shocks,” she said.
            of energy production like solar. Colonization
This is particularly true in industries like          for peer-to-peer trading and on-ledger
energy, where blockchain applications provide         tracking of the carbon profile of energy are all
a sophisticated method of tracking                    growing in popularity.

environmental performance.
                                                                                                    4
Blockchain's Role in our Sustainable Future - May 2021
Blockchain doesn’t solve the world’s ESG challenges all by itself, but it’s an effective way to raise
 charitable funds and create trust in the kinds of information – like carbon status and provenance –
  that help industry become more sustainable and empowers stakeholders and consumers to make
 decisions that align with their values. In the post-COVID world, where ESG is becoming critical for
business success, blockchain can provide the essential proof that shows companies are taking real and
                                           meaningful action.

 Alexis Pappas, Executive Director, Canadian
 Blockchain Association for Women
 Canadian
 Blockchain Consortium Ecosystem Partner

 Blockchain technologies are helping the world
 reimagine our economic future – and this digital
 transformation needs to benefit everyone. As the
 Executive Director for the Canadian Blockchain
 Association for Women, Alexis Pappas is focussed
 on building an inclusive blockchain industry that
 empowers women to take a leading role in our
 digital transformation.

 Coming from a background in clean energy and
 technology commercialization, she was captivated
 by blockchain’s potential as an innovative
 solution for sustainability, financing and business
 automation. Alexis is a public speaker, writes
 extensively on the technology’s opportunities and
 challenges, and participates in diverse blockchain
 projects. Most recently, she has led the
 development of a secure blockchain healthcare
 application in partnership with Calgary
 technology firm GuildOne.

 In addition to being an Ecosystem Partner of the
 Canadian Blockchain Consortium with CBAW,
 she is the Consortium’s Director of Industry
 Digitization, where she supports blockchain
 education and project opportunities for key
 sectors like energy, agriculture, manufacturing
                                                                                                  5
 and others.
Blockchain's Role in our Sustainable Future - May 2021
Special Industry                                  "This is an important time in the blockchain
                                                  market as enterprises across markets and
Report:
                                         industries continue to increase their
                                                  investment in the technology. The pandemic
Blockchain’s Multi-Billion                        highlighted the need for more resilient, more
                                                  transparent supply chains, healthcare delivery,
Dollar Investment Boom                            financial services, and so much more, and
The current boom in digital assets is far         enterprises around the world have been
beyond an isolated bubble – the same investor     investing in blockchain to provide that
interest that has been propelling artwork,        resiliency and transparency," said James
music and even tweets to sky-high prices is       Wester, research director of IDC’s Worldwide
being reflected across the global economy.        Blockchain Strategies.

According to a new report by the International
Data Corporation (IDC), spending on               Some of the primary areas for blockchain
blockchain solutions is expected to reach an      growth cited by IDC include:

astonishing US $19 billion by just 2024, a
dramatic increase from 2021’s forecast of $6.6    Healthcare: With an expected growth rate of
billion.
                                        more than 50% over the next few years,
                                                  healthcare is one of IDC’s top markets for
Offering tremendous advantages across
                                                  blockchain adoption. Beset by an
industries, it’s not surprising that blockchain
                                                  unprecedented number of cyber attacks in
is quickly reaching mainstream adoption. The
                                                  2020, with predictions for breaches to triple in
challenges of the COVID-19 pandemic rapidly
                                                  2021, security is a key driver, along with
accelerated digital adoption across all
                                                  pharmaceutical traceability and data
business, and as a secure method of
                                                  automation.

automating labour-intensive processes,
blockchain effectively disintermediates
                                                  Banking: The banking sector overall is the
transactions, trade, and data management.

                                                  largest growth area, according to the IDC
The technology’s benefits are diverse -           report, and is undergoing a massive wave of
removing the need for intermediaries like         disruption through blockchain applications
lawyers, accountants and administrators helps     like digital currencies, tokenized assets and
optimize business and reduce operational          transaction automation with smart contracts.
costs, while emerging digital asset               According to IDC, banking currently accounts
marketplaces offer new opportunities for          for 30% of all blockchain spending worldwide.

investment and asset liquidity. Key growth
areas cited in IDC’s Worldwide Blockchain
Spending Guide include trade finance,
banking and supply chain automation.                                                          6
Blockchain's Role in our Sustainable Future - May 2021
Supply Chains: Supply disruptions caused         Special Industry
shockwaves in the global economy during
the early months of the pandemic, and
                                                 ReporEmerging
blockchain is quickly gaining in adoption for    Projects in 2021:

managing diverse supply chain networks
through immutable proof-of-provenance
and instant traceability.

                    R3/IMDA/Trames:

Government: In a huge shift from their early     One of the first technology firms to build
days of cryptocurrency skepticism,               solutions for enterprise blockchain and trade
governments are now rushing to explore the       solutions, the global bank-owned R3 has
benefits of blockchain for streamlining          announced a new Singapore project to create
processes and reducing the massive               automated supply chain management systems
overhead costs of payments and other             on its Corda platform for its partner’s Fortune
financial services using Central Bank Digital    500 clients.

Currencies (CBDCs). IDC predicts that
government spending on blockchain will           Global CBDCs:

ramp up more than 50% by 2024.

                                                 Early adopters of Central Bank Digital
With the enormous amount of attention
                                                 Currencies like China are now being joined by a
being paid to tokenized digital art and the
                                                 rush of other contenders, with unexpected
rising price of cryptocurrencies, it’s easy to
                                                 countries like Cambodia and the Bahamas
lose sight of the fact that blockchain’s
                                                 pulling far ahead of the US, Canada and Europe
impact is much more meaningful and
                                                 in the development of blockchain-based
foundational. Transforming the fabric of our
                                                 financial systems.

economy with a layer of verified and secure
data, blockchain applications are reshaping
                                                 Swissquote:

business from the bottom up, enabling a
new era of automation and optimization.
                                                 The traditional global banking hub of
                                                 Switzerland is experiencing a boom in
                                                 blockchain finance applications, with new
                                                 projects being announced monthly – in April,
                                                 digital bank Swissquote publicized its plans to
                                                 offer tokenization and other digital finance
                                                 services.

                                                                                                   7
Blockchain's Role in our Sustainable Future - May 2021
Emerging
 News:                                                    In a revolutionary move, China has softened its
                                                          stance on Bitcoin, with an announcement from the
                                                          deputy director of the country’s Central Bank that it
                                                          views the cryptocurrency as an “investment
                                                          alternative”:
                                                             READ MORE

The government of the United Arab Emirates has
announced a new blockchain-based system for
                                                          Cryptocurrency adoption is extending far beyond the
streamlining Know-Your-Client regulatory
                                                          financial sector and early leaders like Tesla, with Time
compliance for the banking sector:
                                                          Magazine publicizing plans to be the first magazine to
                                                          accept crypto:
   READ MORE
                                                             READ MORE

Blockchain firms WISeKey and SUNx have teamed             The USA is cracking down on cryptocurrency
up to launch what they say is the world’s first auction   accounts tied to sanctioned individuals, including a
of a sustainable development token, backed by a           new program that targets addresses linked to Russian
famous Swatch watch designed for the 1992 Rio Earth       hackers:
Summit:
   READ MORE                                                  READ MORE

                                                                                                                     8
Blockchain's Role in our Sustainable Future - May 2021
I admit that I sometimes struggle to answer –
Koleya Karringten                              unless they have a few hours! – because it’s not a
                                               simple subject. It took me years to fully

The Ultimate                                   understand the rationale behind Bitcoin’s
                                               popularity as a store of value, and it’s not based
Guide to                                       on one factor, but a confluence of technological

Understanding                                  uniqueness, culture, different economic factors
                                               and decisions made by global political leaders.

Bitcoin: Part I                                This is an interesting moment in time where
As the Executive Director of the Canadian      Bitcoin is changing the world in dramatic ways,
Blockchain Consortium and a long-time          and it’s no wonder why people from all walks of
entrepreneur in the cryptocurrency space,      life are so curious about where exactly its real
I’m often asked about why Bitcoin is           value proposition is. This article will focus on
booming, and what makes it such a great        the economics of Bitcoin and some of the
investment that banks, billionaires and        political movements driving its price explosion
ordinary people are all buying it in droves.   and provide some resources for anyone
With the price now hitting a new all-time      interested in reading further.
high of US $60K, I’m fielding these              “We have elected to put our money and
questions more than ever.
                     faith in a mathematical framework that is
                                                    free of politics and human error.”

                                                    - Tyler Winklevoss, Co-creator of
                                                                  Facebook

                                                                                                  9
Blockchain's Role in our Sustainable Future - May 2021
1. Austrian Economics


                         has the power to help rebalance this
                                                 inequality by providing an accessible,
Skeptical of consolidating power in              wealth-preserving investment that
central banks and wary of the inequality         doesn’t decline when governments
that often results from their monetary           decide to increase the money supply.

policies, the Austrian School of
Economics proposes that the most                 Read more: Bitcoin’s Monetary Policy
prosperous and equitable financial               will Help Solve Wealth Inequality

markets evolve organically and with low
government intervention. Bitcoin, with its
stable amount of currency – only 21              3. Geopolitics

million coins will ever exist –
entrepreneurial origins, and market              In our chaotic world, risk is everywhere,
controlled by BTC holders, rather than           and the movements of global
governments, is a monetary system that           governments cause some of the greatest
founder Carl Menger would have                   turmoil. Alone among the
approved of, had he not been 120 years           cryptocurrencies, Bitcoin’s price actually
too early.

                                    rises when geopolitical risk is high,
                                                 demonstrating its acceptance, much like
Read more: Austrian Influences on                was the case with gold, as a safe harbour
Bitcoin

                                      in uncertain times. Since Bitcoin is not
                                                 controlled by any government, it also
                                                 holds its value in the case of currency
2. Socioeconomics

                             crashes due to political and economic
                                                 crisis, such as the Argentinian collapse in
It’s a shocking statistic that since 1989, the   the late 1990’s. As an international
top 1% richest people in the world have          currency, Bitcoin is also not subject to the
had an increase in wealth of over $21            devastating capitol controls that
trillion. This is directly tied to monetary      prevented millions from trading their
policies that increase the amount of             Argentine pesos for dollars or moving
money in supply, like quantitative easing,       money to a safe place outside the country.

which cause a dramatic rise in wealth
inequality through boosting financial            Read more: Digital Gold and Geopolitics:
markets while making life more expensive         Bitcoin as a Political Risk Haven

for ordinary people. Bitcoin, as an
inflation-proof currency that no central
bank can print more of,
                                                                                           10
4. Currency Wars

                                                        As precedents, Bitcoin is already seeing
                                                        massive rates of adoption in countries that
The biggest powers in the world are in constant
                                                        have experienced massive inflation like Brazil,
conflict – but it’s not a military war or a cold war,
                                                        Venezuela and Nigeria.

or anything easily recognizable. In this case,
economics is the battlefield and currencies are the     Read more: Bitcoin vs. Inflation

weapons of choice. China has long been accused of
intentionally devaluing its currency to gain an
advantage in international trade, making its            There are major economic and political factors
products cheaper and causing other                      moving Bitcoin to new heights, but that is only
manufacturing-heavy countries, like Japan and           part of the story. Part II of this series will cover
Malaysia, to follow suit. Currency manipulation         some of the other elements driving the
has a devastating effect on trading partners and        adoption of Bitcoin and take a deeper dive into
other manufacturing economies, and would be             the unique aspects of its technology and its
impossible with an international,                       utility as a currency.

non-government-controlled currency like Bitcoin.

                                                        We may live in uncertain times, but its also
                                                        exciting to see how quickly the world is
Read more: Currency Wars: The Rise of Bitcoin

        changing, and how technologies like Bitcoin are
                                                        starting to level the playing field between the
                                                        haves and have-nots. People have always been
5. Inflation
                                          at the whims of huge forces like monetary
                                                        policy, borders, government decrees and
Closely tied to points 1 and 2, inflation is a major
                                                        geopolitical conflicts. Now, technology offers a
driver behind the widespread adoption of Bitcoin
                                                        way to step outside of those pendulums and
and one of the key reasons for its rapid growth in
                                                        gain true financial independence, moving
unstable emerging markets. Inflation – when the
                                                        closer to a freer world for everyone.

money supply increases so much that goods and
services cost more – results from policies like the
enormous bond-buying program the US Federal          "I own Bitcoins. It's a store of value, a distributed

Reserve is conducting to inject liquidity into the    ledger. It's a great place to put assets, especially

economy during the pandemic, with $3 trillion in                    in places like Argentina

assets purchased since just March of 2020. The US       with 40 percent inflation, where $1 today is

might not be in hyperinflation territory yet, but       worth 60 cents in a year, and a government's

with the sheer volume of money flowing into the                 currency does not hold value. "

private sector, it’s a looming possibility.

                                                               - David Marcus, CEO of Paypal

                                                                                                         11
UPCOMING FREE EDUCATIONAL
        CLASSES:

         May 13th 11:30 Am MST —

              12:30 PM MST

              REGISTER NOW

                                     12
Upcoming CBAW Event: Women in the New
 Economy 
Opportunities for Leadership in Crypto,
        Blockchain and Digital Markets

With the meteoric rise in blockchain investment over the last year, few industries offer so much
growth potential and opportunities for advancement. For women, the key is understanding how their
unique talents and skills fit into this emerging technology sector – and the surprising ways that their
work experience can transfer to blockchain careers.
 On June 10th, the Canadian Blockchain
Association for Women (CBAW) and ecosystem partner the Canadian Blockchain Consortium are
hosting a special free event that showcases the many paths that lead to the blockchain industry. The
virtual event features an inspiring keynote talk on blockchain leadership, along with a panel on
developing blockchain careers, a presentation that will demystify participation in the NFTs boom, and
breakout room discussions on overcoming challenges to inclusion in tech.

Event participants will vote on the biggest issue facing women in tech, including problems like
work/life balance, pay disparities and tech industry cultures. The conclusions from the breakout
room discussions will be developed into a published report. Thanks to the generosity of event
sponsors, CBAW is also providing $500 grants at the event to women who are in the process of
upgrading their technology and blockchain skillsets.

Sponsorships for the event are being offered at three levels and can be paid in CAD, Bitcoin and Ether.
80% of funds raised go directly to educational grants, with the rest supporting event and operational
costs.

• Platinum: $1500
         • Gold: $850
           • Silver: $500

CBAW Executive Director Alexis Pappas said that the event was inspired by board discussions about
their own experiences in the industry and the unexpected paths that led them to blockchain
technology. “Many of us at CBAW come from industries outside of technology, and never would have
predicted that we would build careers in blockchain”, she said. “With blockchain poised to be such a
big part of our economic future, we think its critical for women to understand these new
opportunities and that there are diverse ways to participate.” 
 A volunteer organization, CBAW relies
on ecosystem support to move its mission of building an inclusive blockchain industry forward. For
people and organizations who are interested in supporting Women in the New Economy, please visit
www.cbaw.io or contact Alexis at alexis@cbaw.io to find out more.
 Date: June 10th, 2021
3pmEST/12pm PST

                                            REGISTER NOW

                                                                                                          13
14
UPCOMING INTERVIEWS:
  May 3rd 2021
               May 17th 2021

   Hubert Lau                 Alexis Pappas

     Previous Interviews
     Pamela Draper

                     Are you or someone you know
                     doing incredible things in the
                        blockchain space? Email
                      info@canadablockchain.ca.

       LISTEN NOW

                                                  15
BRADLEY:

                                             We deserve a better savings plan. Not only do
                                                        the majority of Albertans value the idea of
                                                        spending less than we earn, but strong savings

Alberta should                                          will be crucial to our long-term sovereignty.

add bitcoin to its                                      Thankfully, it’s not too late for the Alberta

balance sheet                                           government to invest in bitcoin. In fact, I
                                                        would argue it’s the perfect time.

Bitcoin can provide the long-term savings the
province desperately needs
                            Bitcoin is still in the early stages of
When it comes to saving money, cash is not king.
     monetization and will only continue its rise as
                                                        the superior global currency. And as soon as a
The point of money is to take the value you’ve          single nation, state or province adds bitcoin to
created with your time and store it to use at           its reserves, others will inevitably follow – and
another time and place. But Canadian dollars, and       fast. The government that acts now will
all fiat currencies, for that matter, do a bad job of   experience a tremendous rise in the long-term
transferring value over time. Why? Because              value of their reserves and secure the financial
governments can – and regularly do – print more         wellbeing of its citizens for decades to come.

dollars, ultimately devaluing their worth.

Replacing cash positions with bitcoin, the world’s      Sadly, nearly all jurisdictions – Alberta
leading digital currency, is a much better way to       included – are dragging their feet. If only
generate returns. It’s scarce, has a finite supply –    they’d take a cue from some of the world’s
an eventual 21 million bitcoins, to be exact – and      leading companies, who are at the forefront in
has incredible upside, even still.
                  thinking about how to manage their cash
Many visionary companies are making the switch.         reserves.

To prevent the value of their cash reserves
dwindling, they’re adding significant sums of           In February 2021, Tesla announced it had
bitcoin to their balance sheets. Why aren’t             bought USD$1.5 billion worth of bitcoin for
governments taking the same action?
                   “more flexibility to further diversify and
                                                        maximize returns on our cash.” Elon Musk
If the province of Alberta had invested 5% of its
                                                        even tweeted, “When fiat currency has
tax revenue into bitcoin as a saving mechanism 10
                                                        negative real interest, only a fool wouldn’t
years ago, we would be the richest jurisdiction in
                                                        look elsewhere.”

the world today. Instead, our Alberta Heritage
Savings Trust Fund has dwindled, hitting its lowest
value in eight years during 2020.

                                                                                                    16
Perspective:

                                                     And of course, the ability to sell their fractional
                                                     ownership on to the next buyer. Previous Beeple
                                                     NFTs have traded for 100 times their initial sale

Can Blockchain
                                                     price.d fair value gains or losses.

and Tokens Unlock                                    What does this have to do with Canada’s energy

New Energy                                           sector? Marshall McLuhun’s suggestion that the
                                                     “medium is the message” has never been more
Investment?                                          relevant, and in our new economy, the medium
                                                     is also where the money is. Whether it supports
The emerging digital economy is a strange place,     a company’s growth or launches a new project,
where unexpectedly large volumes of capital          how investment is raised is becoming almost as
flow, en masse, in very mysterious ways. In          important at what it’s being raised for.

February of 2021, a piece of digital art – a
collage made of images created by the artist
                                                     For a capital-constrained industry like energy,
Beeple over several years – sold as a blockchain
                                                     close attention should be paid to the
based non-fungible token, or NFT, at a Christie’s
                                                     transformation happening in financial markets,
art auction for just below US $70 million.

                                                     because the current frenzy for tokens like NFTs
                                                     is a sign of much deeper changes. The world’s
That’s nearly $40 million more than a red-hued       oldest banks are embracing crypto and tokens,
Rothko fetched in October of 2020, also at           and even stock exchanges, like Switzerland’s
Christie’s, and almost $30 million above the         SIX, are moving quickly towards
December 2020 price for a famous and                 blockchain-based platforms for token
ubiquitously replicated Hockney oil of               exchanges. Why is this the case?

California’s Nichols Canyon.

                                                     Blockchain has widely-recognized benefits for
Dozens of household-name artists have recently       financial services – as an immutable and
had a piece sell at auction for less than Beeple’s   cryptographically secured digital ledger, it
collage – this March, a Van Gogh was bought for      creates a foundation of verified data that is
a mere $15.4 million. And unlike with those          cybersecure and fraud-proof. For public
universally understood works of art, there is no     blockchains like Bitcoin and Ethereum, miners
physical analogue to “Everydays – The First 500      compete to solve complex mathematical
Days”. As an NFT, it’s a purely digital work, sold   problems to verify transactions and add blocks
as a purely digital asset, and all the pool of       to the ledger, and this “proof of work” secures
buyers received in exchange for their millions       the network.
was a digital file and some general rights to
present the image.
                                                                                                       18
Other blockchain methodologies, including both        Companies can monetize carbon credits and
private chains like R3’s Corda and public chains      offsets as tokens, raise funds against in-ground
like Cardano, rely on mechanisms other than           reserves, and turn their actual measured
mining, like consensus by stakeholders, to verify     production into commodity tokens.

transactions. Smart contracts, or
pre-programmed agreements executed on the             All provable assets of a company have the
blockchain network, use the on-chain data to          potential to become market-traded securities –
automate transactions, and attached data files        with a far lower cost and greater precision than
include tamper-proof records that support the         public market listings, and more liquidity and
transaction’s value like asset descriptions,          market access than private investment. With
ownership rights and history.

                       Alberta’s self-certification program for
                                                      investment accreditation, security tokens issued
Tokens are any database entry representing            by private companies now have an even wider
some form of value that is transacted on a            audience.

blockchain network. In the case of NFTs, each
token is verifiably unique – non-fungible, in that    Another energy industry challenge that
it isn’t interchangeable with another NFT – and       blockchain helps overcome is transparency –
just one of a variety of different types of digital   the immutable, tamper-proof data that supports
assets and securities. Tokens can represent           each token transaction builds trust as well as
fractional ownership in a company, project,           new opportunities for realizing value. Data
intellectual property or real-world asset like real   gathered throughout the oil and gas value chain
estate.

                                             and incorporated into the token can verify the
                                                      carbon status of each BOE and support new
The result is a system that drastically reduces       products like certified net-zero or
the need for typical transaction intermediaries       low-emissions oil.

like lawyers, accountants and administrators. It
lowers costs, democratizes access to                  Benefits aside, are NFTs and other token
private-company investment and allows for             offerings turning into an unsustainable bubble?
new types of value creation. Tokens are a             Maybe – it’s an easy argument that prices into
revolutionary form of automation – and the            the thousands or millions for memes, tweets
future of global financial markets.

                 and random video clips aren’t sustainable, not
                                                      to mention that the main platform, Ethereum, is
For industries like energy, this means that           a massive energy consumer, with each NFT
producers can take a particular project – like a      issuance equalling a 500-mile road trip in a
new clean energy facility – tokenize it into          gasoline-powered car.
fractional shares, and crowd-source funding in
the new digital marketplace.
                                                                                                         19
However, the energy consumption challenges are        With oil and gas and clean energy token projects
rapidly being overcome with new token                 quickly moving forward across the world,
platforms like Cardano that, unlike most other        including by majors like Shell, Canada has the
public blockchains, don’t rely on mining for          opportunity to benefit from this wave of digital
transaction verification and use a fraction of the    marketplace creation – but this requires a
electricity. But just like with the wave of ICOs a    coordinated effort from industry, the tech sector
few years ago, or the technology boom-and-crash       and critically, our national and provincial
at the turn of the millennium, the irrational         regulators. Substantial progress has been made
exuberance that precedes a fall often also sets the   over the last few years in clarifying the
guiderails for a major shift in how economies         regulatory status of cryptocurrency and tokens,
operate. It took only four years from the last tech   and government should take an even more
IPO of the bursting dot-com bubble to Google’s        active role in developing the market
public launch in 2004, which heralded the             infrastructure and models that will shape our
beginning of a new and very digital era, where        new economy.

technology giants rapidly eclipsed the rather
more material mainstays of the Fortune 100 like       This is a rare moment in time, one in which the
car manufacturers and brick-and-mortar                storm of disruption Canada’s oil and gas
retailers. These turnarounds are moving far           industry has experienced is forcing a creative
faster now, and tokens will be no different. Will     reimagining of our future. The crash in energy
traditional resource sectors be motivated to          prices, global movement towards sustainability
participate in this shift?

                         and the challenges of the pandemic are all
                                                      catalysts for systemic changes that, enabled by
Canada’s energy industry urgently needs to            advanced technologies like blockchain, have the
increase the velocity, volume, and also variety of    potential to support Canada’s energy growth
capital, and the digital economy has a unique         decades into the future.

power to create capital liquidity and momentum,
while diversifying energy’s pool of investors with    About Alexis Pappas:

creative types of fractionalized assets. Of course,
not every energy industry project will fit into the
new asset universe, or match the interests of the     Alexis Pappas is a technology strategist and
investors who, at least at this early stage, are      writer with diverse projects in clean energy
leading the direction of the market. Token            innovation, industrial blockchain and digital
economics makes the most sense for funding            finance.

innovation – green initiatives, net-zero
production, carbon offsets, and clean energy          She is the Executive Director of the Canadian
production like hydrogen are all prime                Blockchain Association for Women and the
candidates for tokenization.                          Director of Industry Digitization for the
                                                      Canadian Blockchain Consortium
                                                                                                      20
ANNOUNCING

CANADA BLOCKCHAIN WEEK
    SEPTEMBER 20TH - 22ND 2021

     8:00 AM MST - 12:00 PM MST

           REGISTER NOW
                                  21
UPCOMING WEBINARS
         April 29th, 2021

  11:30 AM MST - 12:30 PM MST

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                                22
UPCOMING WEBINARS
          May 27th, 2021

  11:30 AM MST - 12:30 PM MST

       REGISTER NOW

                                23
UPCOMING WEBINARS
         June 3rd, 2021

 11:30 AM MST - 12:30 PM MST

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                               24
Canadian                                    Coinsquare

                                            Address: 590 King St W, Toronto, ON M5V
                                            1M3

Blockchain                                  Phone: +1 877-620-9006

                                            Website: coinsquare.com

                                            Contact: support@coinsquare.com

Directory                                   DLT Labs

                                            Address: 55 University Ave 12 Floor, Toronto,
                                            ON M5J 2H7

FINANCE                                     Phone: 647-350-8972

                                            Website: dltlabs.com

3IQ
                                       Contact: info@dltlabs.com

Address: 40 King St. West, Suite 1700,
Toronto, ON M5H 3Y2
                       Dominion Blockchain Solutions

Phone: 416-639-2130
                       Address: 250 Yonge Street, Suite 2201, Toronto,
Website: 3iq.ca
                           ON M5B 2L7

Contact: info@3iq.ca

                    Phone: 647-477-7767

                                            Website: dombit.ca

Bidali
                                    Contact: info@dombit.ca

Address: 630 8 Ave SW #600, Calgary,
AB T2P 1G6
                                DVeX

Phone: +1 866-302-4084
                    Address: 370 King Street West, Suite 701,
Website: www.bidali.com
                   Toronto, Ontario M5V 1J9

Contact: support.spend@bidali.com

       Website: dvex.io

                                            Contact: support@dvex.io

BIGG Digital Assets

Address: 1199 West Pender Street Suite      Ninepoint Partners

410 Vancouver, BC V6E 2R1
                 Address: 200 Bay St Suite 2700, Toronto, ON
Phone: 778-819-8704
                       M5J 2J1

Website: biggdigitalassets.com
            Phone: +1-888-362-7172

Contact: info@blockchaingroup.io

        Website: ninepoint.com

                                            Contact: invest@ninepoint.com

BitBuy

Address: 110 Cumberland St, Toronto,        RevoluGROUP

ON M5V 3V5
                                Address: Suite 1610 - 777 Dunsmuir Street
Website: bitbuy.ca
                        Vancouver, BC Canada V7Y 1K4

Contact: contact@bitbuy.ca.

             Phone: 604-687-3376

                                            Website: revolugroup.com

Bitcoin Well
                              Contact: info@RevoluGROUP.com

Address: 10142 82 Avenue NW,
Edmonton, AB T6E 1Z4
                      StableCorp

Phone: +1-888-711-3866
                    Address: 2967 Dundas Street West, #922,
Website: bitcoinwell.com
                  Toronto, ON M6P 1Z2

Contact: help@bitcoinwell.com.

          Phone: +1-833-862-4886

                                            Website: stablecorp.ca

Bitvo
                                     Contact: info@stablecorp.ca

Address: 500 4 Ave SW #2500,
Calgary, AB T2P 2V6
                       The AML Shop

Phone: +1-833-862-4886
                    Address: 130 Queens Quay East, West Tower,
Website: bitvo.com
                        Suite #506, Toronto, Ontario M5A 3Y5

Contact: support@bitvo.com.

             Phone: 1-877-701-0555

                                            Website: theamlshop.ca

Blockchain Foundry Inc.
                   Contact: contactus@theamlshop.ca

Address: 2300 Yonge Street, Suite
1600, Toronto, ON M4P 1E4
                 Virgo CX

Phone: 604-644-8767
                       Address: 45 Sheppard Ave E Suite 803, North
Website: blockchainfoundry.co
             York, ON M2N 5N1

Contact: sales@blockchainfoundry.co

   Phone: 416-583-1838

                                            Website: virgocx.ca

                                            Contact: support@virgocx.ca

                                                                                              25
WCSB Blockchain Infrastructure

Canadian                                   Address: 1500, 250 - 2 Street SW
                                           Calgary, Alberta T2P 0C1

                                           Phone: 587-475-0210

Blockchain                                 Website:
                                           www.tidewatermidstream.com

Directory
                                           Contact:
                                           info@tidewatermidestream.com

                                           AGRICULTURE
                                           Grain Discovery

MINING                                     Address: 461 King St W 3rd floor, Toronto,
Bitfarms
                                 ON M5V 1K4

Address: 1376 Bayview Ave, Unit 1,         Website: graindiscovery.com

Toronto, ON M4G 3A1
                      Contact: info@graindiscovery.com

Phone: 514-277-3508

Website: bitfarms.ca
                     eXeBlock Technology

Contact: info@bitfarms.io

              Address: Suite 280 - 1090 W Georgia Street
                                           Vancouver, BC V6E 3V7

Cryptologic
                              Phone: 604-899-0106

Address: 5 Hazelton Avenue, Suite 300.     Website: exeblock.ca

Toronto, Ontario M5R 2E1
                 Contact: rrandall@exeblock.ca

Phone: 647-715-3707

Website: cryptologic.com
                 Farmers Edge

Contact: investor@cryptologic.com

      Address: 25 Rothwell Road, Winnipeg, MB
                                           R3P 2M5

DMG Blockchain
                           Phone: 1-866-724-3343

Address: 795 Hwy 395, Christina Lake,      Website: farmersedge.ca

BC. V0H 1E0
                              Contact: support@farmersedge.ca

Phone: 778-300-6115

Website: dmgblockchain.com
               TrustBIX

Contact: investors@dmgblockchain.com

   Address: 10607 82 St NW 2nd Floor,
                                           Edmonton, AB T6A 3N2

HIVE Blockchain
                          Phone: 780-456-2207

Address: 555 Burrard Street Vancouver,     Website: trustbix.com

British Columbia V7X 1M8
                 Contact: info@trustbix.com

Phone: 604-664-1078

Website: hiveblockchain.com

Contact: info@hiveblockchain.com

HUT 8

                                           ENERGY AND RESOURCES
Address: 130 King Street West, Suite       GuildOne Inc

1800. Toronto, Ontario, M5X 2A2
          Address: 333 5 Ave SW #940, Calgary, AB
Phone: 1-647-256-1992
                    T2P 3B6

Website: hut8mining.com
                  Phone: 403-209-3001

Contact: info@hut8mining.com

           Website: guild1.com

                                           Contact: support@guild1.com

Mining Colocation

Address: 7007 Islington Ave,               Mavennet

Woodbridge, ON L4L 1V8
                   Address: 129 Spadina Ave, Toronto, ON
Phone: 647-361-7442
                      M5V 2L3

Website: miningcolocation.com
            Website: mavennet.com

Contact: sales@miningcolocation.com

    Contact: info@mavennet.com

vBit Technologies
                        Peer Ledger

Address: 6403 Burbank Rd SE, Calgary,      Address: 1505 Barrington St #246, Halifax,
AB T2H 2E1
                               NS B3J 3K5

Phone: +1-877-220-4518
                   Phone: 902-452-6140

Website: vbitmining.com
                  Website: peerledger.com

Contact: marketing@vbitmining.com
m

    Contact: sales@peerledger.com

                                                                                        26
Canadian                                     Digital Finance Institute

                                             Address: 30 Wellington St W 5th Floor,
Blockchain                                   Toronto, ON M5L 1B1

                                             Phone: 604-601-2046

                                             Website: digitalfinanceinstitute.org

Directory                                    Contact:
                                             admin@digitalfinanceinstitute.org

                                             DIACC

                                             Address: 720 King Street West, Suite 302.
                                             Toronto, ON M5V3S5

                                             Website: diacc.ca

                                             Contact: info@diacc.ca

EDUCATION AND
RESEARCH
Blockchain Research Institute

Address: 111 Peter St Unit 503, Toronto,     DIGITAL IDENTITY
ON M5V 2H1

Phone: 416-863-8809
                        Bluink

Website: blockchainresearchinstitute.org
   Address: 137 Second Ave, Ottawa, ON
Contact:                                     K1S 2H4

info@blockchainresearchinstitute.org

     Phone: 613-695-9585

                                             Website: bluink.ca

Blockchain Finance Academy
                 Contact: info@bluink.ca

Address: 8888 Keele Street Vaughan, ON
L4K 2N2
                                   1D Network

Phone: 905-669-8858
                        Address: 204, 240 11th Ave SW, Calgary
Website: bf.academy
                        AB T2R 0C3

Contact: info@bf.academy

                 Phone: 647-215-8580

                                             Website: 1dnetwork.com

Canadian Blockchain Consortium
             Contact: support@1d.network

Address:

Phone:
                                    SecureKey Technologies

Website: canadablockchain.ca
               Address: 4101 Yonge St #501, North York,
Contact: info@canadablockchain.ca

        ON M2P 1N6

                                             Phone: 416-477-5625

Canadian Blockchain Association for          Website: securekey.com

Women
                                      Contact: info@securekey.com

Address: 510 6th Ave SE, Calgary AB T2G
1L7
                                        Terrahub Technologies

Phone: 647-215-8580
                        Address: Suite 1500, 125 9 Ave SE,
Website: cbaw.io
                           Calgary, AB T2G 0P6

Contact: info@cbaw.io

                    Phone: 403-968-8471

                                             Website: terrahub.ca

Canadian Blockchain Supply Chain             Contact: info@terrahub.ca

Association

Address: 1403 Rue Denault, Chambly, QC
J3L 0C4

Phone: 438-800-2311

Website: cbsca.ca
                           We are Canada’s largest not
Contact: info@cbsca.ca

                                                  for profit industry
CryptoChicks

Address: #1109 33 Singer Crt, Toronto,
                                               organization dedicated to
ON, M2K0B4
                                     supporting Canada’s
Phone: 1-833-224-4257

Website: cryptochicks.ca
                      technology ecosystem
Contact: stayintouch@cryptochicks.ca

                                                                                         27
Canadian                                    ITM House

                                            Address: 260 Carlaw Ave, Toronto, ON

Blockchain
                                            M4M 3L1

                                            Phone: +1-833-486-3387

                                            Website: itmhouse.com

Directory                                   Contact: info@itmhouse.com

                                            TTT Studios

                                            Address: 777 Dunsmuir St #1250,
                                            Vancouver, BC V7Y 1G6

                                            Phone: +1 888-315-4476

                                            Website: ttt.studio

                                            Contact: info@ttt.studio

DEVELOPEMENT                                Winterwind

Antino Labs Private Limited
              Address: 3168 Riverwalk Ave, Vancouver,
Address: 13352 105a Ave, Surrey, BC V3T     BC. Canada

2A5
                                       Website: winterwind.com

Phone: (236) 880-7362
                     Contact: anthony@winterwind.com

Website: antino.io
                        ProofSys Inc.

Contact: info@antino.io

                 Address: 1 Yonge Street, Suite 1801
Aversan Labs
                              Toronto, ON M5E 1W7 Canada

Address: 30 Eglinton Ave W, Mississauga,    Website: https://proofsys.io

ON L5R 3E7
                                Contact Support: info@proofsys.io

Phone: (416) 289-1554

Website: aversanlabs.com

Contact: info@aversanlabs.com

Bitswift Technology Solutions

Address: 556 O'Connor Dr #123b,
Kingston, ON K7P 1N3
                     WANT TO BE LISTED
Phone: (613) 766-1110

Website: bitswift.tech
                    IN THE CANADIAN
Contact: hello@bitswift.tech

                                               BLOCKCHAIN
Brainsmiths Labs

Address: 26730 56th Ave, Unit 103              DIRECTORY?
Aldergrove BC V4W 3X5

Phone: +1-818-284-6556
                     PLEASE SUBMITT
Website: brainsmiths.com

Contact: support@brainsmithlabs.com

    YOUR REQUEST TO
Gyroscopic Inc.
                          INFO@CANADABLO
Address: 270 George St N #301,
Peterborough, ON K9J 3H1
                     CKCHAIN.CA
Phone: (647) 885-7687

Website: gyroscopic.ca

Contact: contact@gyroscopic.ca

HebronSoft

Address: 70 King St. West Suite 805
Toronto, Ontario.

Phone: +38-097-821-8443

Website: hebronsoft.com

Contact: сontact-us@hebronsoft.com

                                                                                      28
canadablockchain.ca
Contact Us: info@canadabloclkchain.ca

Location: Calgary, Alberta

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