I am very conscious about understanding climate change. Reading articles about the impact of technology on climate change is hugely interesting to me. Unfortunately, I came across a study which stresses the environmental impact of Bitcoin which I thought it best to share.
A cryptocurrency and worldwide payment system.
When people think of blockchain, cryptocurrencies such as Bitcoin are probably the first thought that springs to mind. Where blockchain, with Bitcoin, has caused disruption in the financial sector, blockchain has the power to disrupt and solve problems in multiple other sectors, such as Marketing & Advertising. Transparency, trust and battling counterfeiters.
Sir Arthur C. Clarke said that: “any sufficiently advanced technology is equivalent to magic”. Well, I thought that transferring money from a country to another without paying any fees could only happen in a magical world, but since I have started travelling around the world of technology on my journey with Serviceteam IT, I would totally agree with Arthur.
Bitcoin is a rollercoaster for both investors and cybercriminals …
The group behind the VenusLocker ransomware have switched to cryptocurrency mining Monero. …