Economist Alex de Vries, who published an article on “Bitcoin’s Growing Energy Problem,” yesterday, May 16, in scientific journal Joule, told the Independent that Bitcoin (BTC) mining will use 0.5 percent of the world’s energy by 2018.
IBM announced a partnership with Veridium Labs to tokenize carbon credits that will allow companies to track their carbon footprint with blockchain yesterday, May 15.
The corporation which is just a startup focusing on IoT made an announcement of the launch of a USB-compatible device meant for blockchain.
IBM and the global Citizen will be involved in offering developers a platform where they can be able to further the Blockchain technology skills and expertise.
A new Blockchain-focused accelerator and venture capital firm called BVV has partnered with former executives from IBM and UBS as well as Lykke to provide investment, financing, and advisory services for blockchain ventures.
ANZ is working on a project that would fasten transactions in the insurance sector
According to a media report on 23rd April, Walmart Inc., the US retail corporation and the world’s largest discount retailer, is ready to use Blockchain technology in its live food business.
Salon media together with IBM have plotted to come up with a blockchains based program as a ledger which would enable getting rid of all the intermediaries from advertisers, publishers, and the customers.