Mercy Corps CIO explains how NGOs can integrate blockchain to amplify their efforts
Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how. Go to Source
climate change
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WeWork founder’s crypto startup refunds investors after no token launch: Report
Flowcarbon reportedly cited tough market conditions and resistance from carbon registries as the main reasons behind the refunds. Go to Source
IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives. Go to Source
Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation Efforts
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified … Read more
Vitalik Buterin: AI may surpass humans as the ‘apex species’
“Even Mars may not be safe” if superintelligent AI turns against humanity, warns Ethereum co-founder Vitalik Buterin. Go to Source
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community. Go to Source Powered by WPeMatico
Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican … Read more
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. … Read more
C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking
On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC Preview’ — Bank Customer … Read more
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed bin Salman has told associates that … Read more
