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Up to 800 tons of CO2 per year – the impact...

In 2018, web miners, applications that run in a user’s browser and mine cryptocurrencies for profit, could have consumed as much as 18.8 gigawatts of electric power, according to our research on the economic and environmental impact of web mining. This makes it comparable to the power consumption rate of Poland and means the environmental impact of web mining is close to 800 tons of CO2 emissions.

Facebook’s Libra cryptocurrency could give teeth to Blockchain

On the 18th of June, Facebook announced its plan to launch its Libra cryptocurrency in 2020. Bitcoin, the popular digital currency, has been around for over 10 years but hasn’t significantly changed how we trade. However, Facebook’s massive global user base could usher in wide-scale adoption of Blockchain, the technology behind modern cryptocurrencies.

Rand-backed cryptocurrency in the form of a stablecoin?

Cryptocurrencies, such as Bitcoin and Ethereum, have become well known for their volatile value. In contrast to this, 'stablecoins' are cryptocurrencies that have been specifically designed to have a stable value.

Recourse in a blockchain dispute

South Africa has yet to witness a major blockchain-related dispute, but such disputes are bound to occur as interest in cryptocurrencies and smart contracts intensifies and transactions involving them become more common.

Crowdfunding: an untapped funding resource for renewable energy

Small and innovative renewable energy projects battle to raise funds through formal channels. One possible solution is to reach out to communities with an interest in those projects to help fund them through crowdfunding initiatives.

What if Africa was orange? A glimpse of the future

The earth also looks pitch black at night to those in search of the world’s second largest continent – and half of the earth’s land mass, for that matter. But now imagine this: what if, some years down the line, Africa was orange? What if, by the year 2030, viewed from outer space, the continent was ablaze with little lights, symbols of prosperity and connectedness, everywhere?

Cryptocurrency regulation essential

Regulating cryptocurrencies is the next logical step as the asset class gains popularity and consumer protections become necessary.

Tapping into an open source eco-system critical in 2019

There are some big things set for 2019. Customer expectations continue to evolve, new technologies are developed to push the envelope and all of that leads to continuous transformation of our business, our people, our processes and of course, the technology and infrastructure.

Tax amendments proposed for cryptocurrencies

Treasury has proposed certain amendments to the Income Tax Act relating to the tax treatment of cryptocurrencies in the recently issued Draft Taxation Laws Amendment Bill (draft TLAB).

Bitcoin | a digital tulip?

Throughout history, the world has been exposed to numerous economic bubbles. From Japan’s real estate and stock market bubble in 1990 to the dot-com bubble and US housing bubble, each one had dire consequences for the economy and detrimentally impacted millions of people. Whether Bitcoin is destined for a similar fate remains a rife debate among investors and cryptocurrency experts alike.
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