Month: November 2017

Bitcoin mining consumes more energy than 159 countries

It takes 29.05TWh annually to operate the energy-hungry computers and networks that power bitcoin transactions. The rise in its value has given way to an increase in electrical consumption that is used to “mine” more bitcoins, according to a report Source: Bitcoin mining consumes more energy than 159 countries — This page was last updated …

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How Blockchain Is Creating a New Future for Digital Marketing

Right now, over half the traffic is generated by bots while companies and brands have been paying thousands of dollars to reach their target audience. This article looks at how blockchain technology can enhance and assist digital marketers to reach the correct people. The transparent nature of blockchain data will allow companies and customers alike to feel more secure. …

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Bitcoin & co: India’s crypto-currency debate heads to the courts, again — Quartz

When governments fail to come up with solutions, courts often have to step in to provide guidance. A petition seeking the government to act on Bitcoin has landed in India’s Supreme Court. The case is likely to come up for hearing in January 2018. Source: Bitcoin & co: India’s crypto-currency debate heads to the courts, …

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Hong Kong Considers Blockchain-Based Trade-Financing System – Caixin Global

James Henry Lau, Hong Kong’s Secretary for Financial Services and the Treasury, said the country is developing a blockchain-based system for trade finance. Government official says decentralized encryption technology will help cut labor and time costs while facilitating ‘Belt and Road’ Source: Hong Kong Considers Blockchain-Based Trade-Financing System – Caixin Global — This page was …

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