This applies to applications (e.g. streamlining data collection and availability with user journeys) as well as the organisational set-up (e.g. agreement between application owners and node operators) (Glaser, 2017). Through this, financial flows could be made visible and can thus be better aligned, as stipulated in Article 2.1.C, and Article 6 of the Paris Agreement (UNFCCC, 2015). For example, under Article 6 of the Agreement, parties are authorised to negotiate the transfer of some portion of a signatory nation’s NDCs to another signatory' nation (deemed to be Internationally Transferred Mitigation Outcomes, ITMOs) (CLI, 2018a). In this respect, blockchain can encourage agreement on methodologies to track investment flows, and to ensure robust carbon accounting standards. Today, this advanced degree of corporate collaboration is already in full swing. Within several industries alliances and consortia have been formed, consisting of leading private corporations, public and private research institutions, and technology start-ups.