CoinTelegraph Environment

Leading South Korean telecom firm adopts blockchain for carbon ambitions

A major South Korean telecommunication company, KT Corp, has outlined plans to create a fully electronic documentation service, utilizing blockchain technology to contribute to environmentally conscious ambitions. The telecommunications firm currently provides around 90% of the nation’s fixed-line mobile networks, as well as a further 45% of broadband high-speed internet services. The e-document venture titled “E-document

CoinTelegraph Environment

SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. Speaking to the Parliament’s Committee on Economic and Monetary Affairs on Sept. 1, Gensler highlighted the role financial technologies are playing in globalizing economic flows

CoinTelegraph Environment

Crypto miner Argo Blockchain goes ‘climate positive’ on greenhouse gas emissions

Cryptocurrency mining company Argo Blockchain announced Tuesday that it has reached an important milestone in its climate strategy, sending a strong signal that environmental sustainability remains one of its primary focuses.  The company claimed that its crypto operations have become “climate positive” for Scope 1, 2 and 3 greenhouse gas emissions. According to Carbon Trust, a

Bitcoin Magazine Environment

We Need To Talk About The Climate Problem In Bitcoin Mining

Recently there has been a deluge of headlines about the environmental impact of mining bitcoin. Nearly every article, tweet, video, etc, cites Digiconomist and/or Cambridge as their primary evidence and says some version(s) of the following statements; “Bitcoin consumes more electricity than Argentina/Kazakhstan.” “Bitcoin’s electricity consumption as a country ranks in the top 30 globally.”